Buyer Loan & Seller Closing Packages - TIPIC Required
Navigating the process of selling or purchasing a home can be daunting. Whether you're dealing with a local or out-of-state transaction, we've got you covered.
Our seasoned TIPICS will smoothly guide you through the closing process with precision and efficiency. We manage transactions assigned by title companies, law offices, lenders and consumers directly upon request.
Our clients have consistently received exceptional closing services and we have become reliable sources of referrals to their networks of clients, family, and friends.
Experience the NOTARY EXCELLENCE that others have enjoyed with our loan signing AND selling signing services.
FAQ: Is it sufficient to only have a notary handle my buyer loan closing package or seller signing package for property purchase or sale in Maryland?
This assumption is inaccurate. To facilitate a closing transaction resulting in the issuance of a title insurance contract in Maryland, the loan signing agent must hold the Title Insurance Producer Independent Contractor license, commonly known as TIPIC, along with being a notary. A general notary can not facilitate.
FAQ: Can I use a Notary for buyer loan closing packages and seller closing packages for property outside of Maryland?
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Yes, you can use a notary, however, it's important to consider the practicalities. The entire package still requires witnessing, and costs will be incurred per notarial act for each individual, along with a flat travel fee and mileage there and return. Additionally, utilizing a TIPIC means you'll have someone who is licensed and have an expertise in handling the real estate documents and to provide the requested information or direct you to the appropriate resource.
**It's essential to note that legal information or opinions won't be provided, as it would constitute practicing law, which is illegal.**
Notary Point LLC is not a law firm, and we are not attorneys. We do not provide legal advice or legal representation. Our services are limited to non-lawyer document preparation and e-filing. For all legal questions, you can call us or complete the form under the contact us section, and we will refer you to an attorney.
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