Being A Realtor & A Notary

By
Services for Real Estate Pros with Ward County Notary Services

It was in my first year as a Realtor that I recognized the value of becoming a Notary Public. My original intention was to be able to close mobile home sales. Shortly there after I started closing on line loans (which lead to many new clients over the years).

To close online loans many lenders required I join The National Notary Association. The NNA has training and testing on how to be a Mobile Notary and being a loan closer. The NNA also requires a background check, E&O insurance, bonding, and more. The NNA has a substantial support system I love (not at all like NAR) and their magazine is a wealth of useful information.

NoteMag

In the latest issue is a little article on mortgage fraud I wish I could copy and paste here for you but to be on the safe side of not getting involved in copyright infringment. The title is FORGERIES TOP TRAIT IN MORTGAGE FRAUD and the information in it was provided by FANNIE Mae. What I do want want to share is what FANNIE Mae lists as the top 10 elements in mortgage fraud.

1) Forgery

2) Liabilities Fraud

3) Occupancy Fraud

4) Income Fraud

5) Asset Fraud

6) Employment Fraud

7) Loss Mitgation Fraud

8) Identity Theft

9) Debt Elimination/Sovereign Citizen Fraud

10) Credit Fraud

 

As you can see a Notary Public should be the defence against the number one problem here and should also be the one to stop #8 as well.

If you are involved in a transation and you have questions about a signature/signer it may not be a bad idea to ask the Notary Public involved if they remember the signing, the ID provided, and if they can show you the Notaries log (it's public record and if they say anything else they are lying).

Real Estate fraud hurts us all and both the Real Estate Profession as well as the sanctity of the Notary Public office. Let's work together to end Real Estate fraud.

Posted by

WARD COUNTY NOTARY SERVICES

ROBERT L. TIMM, OWNER

201 Main Street South, Suite 116

 Minot North Dakota 58701

Bob Timm,  Facebook

Call or text 701-720-8513

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Rainer
481,792
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

You have taken the Notary Service to the top level of professionalism.  I have seen it taken lightly by some.  I was not aware there was an association for Notaries.  The training would be so beneficial.  You are a true expert.

 

Nov 17, 2019 06:58 PM #1
Rainmaker
1,661,223
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Thank you Rose Mary Justice . There are actually several good sources for Notary training and materials. There are also some blogging sites but to me they are not very interactive, that's why I love AR.

Nov 17, 2019 07:37 PM #2
Rainmaker
3,001,583
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Bob.

I like the way you think.  I, like you, never sign a document until I make sure the person is who they say they are and watch them sign the document.

Nov 18, 2019 01:22 AM #3
Rainmaker
5,514,068
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, Bob, for sharing your experience.

Have an outstanding week.

Nov 18, 2019 05:13 AM #4
Rainmaker
1,661,223
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

That's the way to do it James Dray 

Nov 18, 2019 06:48 AM #5
Rainmaker
1,661,223
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Thank you Roy Kelley , hope you have a great week as well.

Nov 18, 2019 06:48 AM #6
Rainmaker
3,433,853
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Bob - I continue to learn more about the life of a notary because of what you share.  Thank you.   

Nov 20, 2019 08:48 AM #7
Rainmaker
1,661,223
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Glad to be of service Michael Jacobs  Thanks for letting me know I am being helpful.

 

Nov 20, 2019 09:50 AM #8
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Rainmaker
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Bob "RealMan" Timm

Owner of Ward Co. Notary Services, retired Realtor
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