After the long process of buying a home, applying for mortgages, and ensuring all documents in between, closing a deal is certainly a time to celebrate. In closing deals in real estate and mortgage transactions, there’ll be a lot of people in the room discussing and passing documents to sign. And the person who makes sure that all the i’s are dotted and all the t’s are crossed – to avoid making a thousand-dollar mistake – is the trustworthy Real Estate Notary Signing Agents.
What is a Notary Signing Agent
In essence, Notary Signing Agents (or NSAs) can work with real estate companies and mortgage providers by inspecting documents in closing deals to verify the identity of the signers. They closely review the documents the signer provides, and officially witness to the whole closing procedure.
An NSA’s signature assures the parties involved in the transaction that no fraud or duress is found in the documents, and in the course of the transaction of transferring the title from the seller to the buyer. These legal documents won’t be accepted without an NSA’s signature and stamp. A missing signature can simply be fixed later, but a missing notary signing agent’s seal would need for the closing deal to be reconvened. This is especially crucial when deals are on time crunch. Missed deadlines and deals could potentially mean thousand-dollar worth of losses in transactions.
Notaries must be trustworthy. They are impartial and cannot have any personal interest in the transaction neither to the parties involved. In order to ensure this standard, they undergo a process to become one coming from being a notary public. In closing procedures, they are chosen randomly from a qualified pool to ensure impartiality.