Real estate documents that need notarization

To be a homeowner, you need to climb a mound of papers & documents to seal the deal. There are several documents in the process that needs notarization and getting your documents notarized is something that secures you from scams and frauds. Here is a checklist of main real estate documents that need to get notarized.

Mortgage

A mortgage is a legal document that secures the loan lender if the borrower runs away from his/her obligation. It gives the right to the lender to take over the property if the borrower fails to repay the agreed sum. Without a notary seal, the mortgage cannot be recorded and is invalid.

Deed of trust

A deed of trust is a debt instrument that says an individual owes a certain amount of money to a lender. They will use the deed of trust to record tile to the property in the public records system.

Subordination

A Subordination of Mortgage is a document signed when there are two mortgages on a property and one (the first one) is subordinated to the other (the second one).

Affidavit of owner occupancy

An affidavit of occupancy is a simple document (sometimes notarized), that offers the borrower generally three choices. The first option (generally by making initials) is to have the property as a Primary Residence. This option typically requires the borrower to occupy the property, usually within 60 days; for a minimum of one year. The second option is to acquire the property as a second home while maintaining a primary residence elsewhere. The third major option is to declare the property as Investment Property, not to be occupied by the borrower; but to sell or rent for rental income. It is unlikely that the borrower cannot accurately choose the correct option.

Signature affidavit

Signature Affidavit is a document in which a person certifies that the signature provided is the true and correct signature used by the person.
So these are the documents that you will be seeking real estate notary services For. For all your mortgage related documents and to avail other general notarization services, must look at Kelley’s Mobile Notary Services as they help you out in no time, without having you to leave your place.