Lender sounds right LOL.
There have and always be people who commit fraud and break laws. I do many RON transactions and not once have I been concerned with the person being the person in the identification. I feel this is more likely to happen in person. It so easy to get a stamp with notary information and if you have willing accomplishes it easy to fake a deed. As for RON the id would have to be a very good fake as part of the identifying process compares the biometric points from the id to the actual person.
Dear slcaldwell11201,
Once the seller’s package is sent to any notary, we must scrutinize it from top to bottom, first to last page. I’d go as far as looking into the agency that directed the business to the notary, their credentials in regards to WHERE they’re located, etcetera. I was offered a seller’s signing about two weeks ago but passed because when I inquired how they got my information, they claimed “from a listing.” I aske which listing and the gentleman hung the phone up immediately.
The “scams” are out there and REAL.
NSA Family, be aware and ask questions. If your gut feeling says, “NAAAAH! Take a pass on this one,” PASS!
Great fortune to you all!
And you don’t even need a real notary’s information. Just make up a name, have the correct number of digits for the stamp and order online.
The county clerks don’t have a database of numbers to enter to see if those numbers actually belong to a real notary. It’s really a perfect storm for fraud.
It really is. I recently took a deed for my my husband and I to be recorded and she did look it over carefully but I couldn’t tell if she went to the state database or not.
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They also set their own signature electronically and it cannot be altered by anyone but the signer.
Know this is an old thread, but above got me curious. So, a scammer can ‘set this scribble as their signature’ and that makes it authentic? KBA is based on public records, so a good techy dig could provide a lot of correct answers to a determined scammer, and the 24 hour wait gives them time to dig deeper. I doubt the KBA process has so vast a variety of answers to ‘publicly known info’ questions. Given the technology out there, seems it wouldn’t be impossible to fool RON. I don’t do RON…just have a lot of doubts and questions about what I view as a not very good concept.
The signer sets up the signature by either drawing their own signature or by selecting a signature from a number of different styles that are on a list of already approved signatures and then indicates by setting and accepting that the selected signature represents their own signature for this transaction. It is similar to when you sign your tax returns electronically with the IRS so it is secure and the generated document cannot be tampered with.
I’ve seen my share of questionable transactions in the last quarter-century. Seasoned notaries can tell if it’s a scam on the phone refuse the assignments, but a lot of you loan signers who are also notaries, by not fault of you own don’t know yet how to prequalify the scamers. Clerks are the real property gatekeepers. When the notary obtains a commission, their bond, seal, and signature go on file. When a member of the public submits a recordable document, the signature of the notary is authenticated by the clerk. If it doesn’t match, the notarization is rejected. Even remote closing documents eventually end up at the clerks desk where the property is located.