Public Interest Archives - Notary Blog - Signing Tips, Marketing Tips, General Notary Advice - 123notary.com
123Notary

Notary Blog – Signing Tips, Marketing Tips, General Notary Advice – 123notary.com Control Panel

June 9, 2023

How Do Interest Rates Impact Mobile Notaries?

Filed under: Public Interest — Tags: , — Tom Wilkins @ 12:00 am

As a mobile notary, understanding how interest rates impact your business is essential for success. Interest rates can immediately and directly affect mortgage loans and closings that you may be asked to service on behalf of your clients. This factor inevitably influences your rate of income. Knowing how interest rates work can help you become more proficient in financial planning and give you an edge in providing the best services for clients. In this post, we will take an in-depth look at what’s involved with how interest rates affect mobile notaries so that you can better navigate both current and future financial activity within the industry.

Interest Rates and How They Impact Mobile Notaries

Interest rates have a significant impact on the mobile notary industry. They determine the cost of borrowing and affect various aspects:

Loan Affordability: Lower interest rates make loans more affordable, increasing demand for notary services in property transactions.

Housing Market: Lower rates stimulate home buying, increasing the need for notary services in real estate transactions.

Economic Activity: Interest rates influence consumer spending and business investment, impacting the demand for notary services.

Disposable Income: Rate changes affect consumers’ spending habits, potentially impacting the demand for notary services.

Investment Decisions: Interest rate fluctuations can influence notaries’ investment choices, potentially affecting business expansion.

The Effects of Low-Interest Rates on Mobile Notaries

The impact of low-interest rates on mobile notaries must be balanced. With a significant portion of their income dependent on financing, any changes in interest rates can drastically alter their finances. Low-interest rates have been perceived in a positive light by some, as they have made it easier for businesses to borrow funds. However, this has led to intense competition within the notary market, resulting in pressure on mobile notaries to reduce their rates to remain competitive. As a result, the net amount mobile notaries receive for notarial services has decreased considerably. In addition, low-interest rates have also caused a reduction in demand for mortgage refinancing and purchase transactions, which are critical to the mobile notary business. Overall, the effects of low-interest rates on mobile notaries have mainly been adverse, with a significant reduction in income and work opportunities.

The Benefits of High-Interest Rates for Mobile Notaries

As a mobile notary, having high-interest rates can bring about many benefits. One of the most significant advantages is the ability to earn higher profits. With high-interest rates, there is an increased demand for loan signings and other notary services, opening up a more incredible opportunity for mobile notaries to increase their income. High-interest rates can also lead to more refinancing and home sales, leading to more business for mobile notaries. Understanding how interest rates affect mobile notaries and how they can leverage this to their advantage to grow their business is essential. By staying informed about market trends and interest rate fluctuations, mobile notaries can stay ahead of the competition and take advantage of opportunities. High-interest rates can significantly impact the success of mobile notaries in the industry.

The Silver Lining: Opportunities Amid High-Interest Rates

As interest rates continue to rise, many individuals and small businesses may become apprehensive about the potential negative impact on their financial standing. However, it’s important to note that high-interest rates offer a silver lining – especially for mobile notaries. As rates increase, demand for refinancing and other financial transactions may also increase. This presents opportunities for mobile notaries to offer services to clients seeking assistance with these transactions. Mobile notaries can also use higher interest rates by investing in high-yield savings accounts or other financial products. While rising interest rates may seem intimidating, they provide opportunities for those willing to adapt and seize the moment.

Take Charge of Your Success by Actively Staying Informed About Interest Rate Changes

In conclusion, interest rates can have a significant impact on the operations of mobile notaries. Not only does it affect the cost of borrowing to finance and expand their business, but it also affects the fees they can charge when underwriting documents. Understanding how interest rates affect mobile notaries may impact your business as a mobile notary is vital so that you can make plans for success and efficiency as interest rates continue to fluctuate. If you have any questions or concerns about how these moments might affect your commission, consult a legal advisor or financial planner familiar with the laws surrounding Notary services in your state. With this information and more in mind, you can make informed decisions that will allow you to move forward as a commissioned Notary confidently.

Share
>

December 19, 2019

Do banks have a Notary?

Filed under: Public Interest — admin @ 8:39 am

Do Banks have a Notary Public?

Many banks do have Notaries Public. Whether they will notarize for you or not is another question. Some companies require that you are their customer or are there for bank business if a notarization is involved.

If your bank refuses to help you or does not have a Notary, it is generally a good idea to visit a UPS store as pack and ship places normally have a Notary. Call in advance to make sure the notary is not out sick or at lunch.

123notary is also a great place to find a notary if you want a mobile notary. Mobile notaries charge extra, but will come to your location.
Good luck!

Thanks

You might also like:

Banking Power of Attorney Form
http://blog.123notary.com/?p=21338

Notaries can get jobs at banks more easily
http://blog.123notary.com/?p=22161

Share
>

November 13, 2019

How can I find a Cantonese speaking notary public?

Filed under: Public Interest — Tags: , — admin @ 5:45 am

Where can I find a Cantonese speaking notary public?

At 123notary.com, we receive all types of inquiries from many types of people all the time. Where can I find Roger Smith, he is a notary in Louisiana? He notarized a document for me a year ago, and now I can’t find him. I refer the inquirer to the Louisiana notary division, since they have the addresses of all currently commissioned notaries in the state. I also get a few people asking me where they can find a notary in India, or Thailand. I refer them to the embassy, or ask them to find an attorney in the country in question. I give sensible advice, and steer people the right direction, but honestly, I don’t have a lot of information myself that is good for answering most of the questions I get. The harder requests are requests that I would LIKE to be able to fulfill, but sometimes it’s hard.

Where can I find a Cantonese speaking notary?
123notary.com has many bilingual notaries. You can use the LANGUAGE FILTER on the top right of the search results page after you do a search by zip code. Many of our bilingual notaries are Cantonese Speaking notaries, however, they are all spread out. You might find many Cantonese speaking notaries in any big city, but we have relatively few advertising on our site. You can do a search by zip code and then use the language filter on the upper right side of the page. Try inputting the term Cantonese, and then try Chinese as a second search. See what happens. I cannot guarantee results because people join our directory daily, and change their language information from time to time, and drop out from time to time as well.

If you can’t find a Cantonese speaking notary on 123notary…. then…
The document signer needs to speak the same language as the notary in California and many other states. As a practice, even if your state doesn’t require it, the signer should be able to communicate directly with the notary. You could try the Chinese yellow pages, or ask around in your metro’s Chinatown. There will be plenty of Cantonese Chinese speaking notaries, but they might not advertise much as their business might come from word of mouth or 朋友推薦朋

It is common for Cantonese speaking people who function mainly in Cantonese 廣東話 to pick service providers who also speak their language. However, this might not be a good idea. If your English is “Good enough”, you might be better off with an English speaking notary who is really good at what they do, and who is familiar with commonly notarized affidavits and documents. Just my opinion. Choose the skill set before you choose the cultural affinity if you have a choice!

To find a Mandarin speaking notary, just look up Mandarin in the language filter on search results. To find a Taiwanese speaking notary, just look up Taiwanese in the language filter. To find a Cantonese speaking notary, just type the word Cantonese in the language filter in the upper right corner of the search result pages. Honestly, the word “Chinese” will give you much wider results than these dialect names, but in NYC or San Francisco, you might find the dialect of your choice! 祝你好運

You might also like:

How to find a bilingual notary public
http://blog.123notary.com/?p=2520

Notarizing your foreign language document
http://blog.123notary.com/?p=2768

Share
>

November 5, 2019

How do I find a Hindi speaking Notary?

Filed under: Public Interest — Tags: — admin @ 8:38 pm

Where can I find a Notary who speaks Hindi?
Look no further. 123notary.com has many Hindi speaking Notaries on board. Just look up a Notary by zip code and then use the language filter at the top right of the site. You can enter in the name of any language such as Spanish, Japanese, Vietnamese, American Sign Language, or more! In fact, we have Hindi speaking Notaries in almost all states and metros by the dozen! Additionally, we have a search filter directly above the search results where you can check the Hindi box and find only Hindi speaking Notary service providers.

How good is their Hindi language proficiency?
On 123notary.com, we have many Notaries who speak Hindi. The degree of fluency varies from Notary to Notary as some are conversational while others are native speakers. A handful are from Hindi speaking families who grew up in America and might be excellent at conversation but not as proficient at business oriented communication. So, test your Hindi speaking Notary out over the phone to make sure they are up to your standards before hiring them!

Notary Hindi — Attorneys vs. Non-Attorneys
Please be advised that Notaries in the United States are seldom Attorneys and non-Attorney Notaries may not give legal advice. Most Notaries are also not authorized to draft legal documents. There are affordable legal support centers where they can help you draft documents. Please make sure that your document is completely drafted before contacting a Notary Public from 123notary.com.

Immigration Advice
Notaries cannot give advice about immigration matters unless they are specifically licensed to do so. For immigration questions, please contact the proper authorities.

Notarizing in Hindi?
Notaries may Notarize a document that is in Hindi, however the Notary wording would be in English for the notarization. Some states require the Notary to be able to understand the document. Other states require the Notary to be able to communicate directly with the borrower in any language they both can communicate with. Please learn the laws of your state and how they apply to notarizing foreign language documents. The actual Notary wording must be in English if it is to be notarized in any of the 50 states in the USA. Each state has their own official Acknowledgment and Jurat Notarial wording which the Notary is responsible for knowing. The Notary wording can be included at the end of the document. However, the Notary can also staple a loose certificate form to the document and affix their seal to that certificate after it has been completely filled out. Signers will be required to sign the Notary journal in states where Notary journals are used (which includes most states.)

Oaths in Hindi?
Some Notary acts such as Jurats, Oaths, or other acts that include Oaths such as swearing in credible witnesses require the Notary to administer an Oath. An Oath for an English language document or Hindi language document can be performed in the language of your choice. If the signer or affiant feels more comfortable in Hindi and the Notary knows Hindi, you can conduct your Oath in Hindi.

How can I get a Hindi language document notarized?
As stated above, some states require the Notary to understand the language of the document while others don’t. However, the language of the notarization itself would be in English. You can find a notary on 123notary who speaks Hindi to assist you in this matter. Just visit our Advanced Search page and look up a Hindi Speaking Notary by zip code!

You might also like:

How do I get a foreign language document notarized?
http://blog.123notary.com/?p=18788

Apostille general information
http://blog.123notary.com/?p=21419

Share
>

October 26, 2019

How to find a Russian Speaking Notary

Filed under: Public Interest — admin @ 11:47 pm

Where can I find a Notary who speaks Russian?
Look no further. 123notary.com has many Russian speaking Notaries on board. Just look up a Notary by zip code and then use the language filter at the top right of the site. You can enter in the name of any language such as Spanish, Japanese, Vietnamese, American Sign Language, or more! In fact, we have Russian speaking Notaries in almost all states and metros! Additionally, we have a search filter directly above the search results where you can check the Russian box and find only Russian speaking Notary service providers.

How good is their Russian language proficiency?
On 123notary.com, we have many Notaries who speak Russian. The degree of fluency varies from Notary to Notary as some are conversational while others are native speakers. A handful are from Russian speaking families who grew up in America and might be excellent at conversation but not as proficient at business oriented communication. So, test your Russian speaking Notary out over the phone to make sure they are up to your standards before hiring them!

Notary Russian — Attorneys vs. Non-Attorneys
Please be advised that Notaries in the United States are seldom Attorneys and non-Attorney Notaries may not give legal advice. Most Notaries are also not authorized to draft legal documents. There are affordable legal support centers where they can help you draft documents. Please make sure that your document is completely drafted before contacting a Notary Public from 123notary.com.

Immigration Advice
Notaries cannot give advice about immigration matters unless they are specifically licensed to do so. For immigration questions, please contact the proper authorities.

Notarizing in Russian?
Notaries may Notarize a document that is in Russian, however the Notary wording would be in English for the notarization. Some states require the Notary to be able to understand the document. Other states require the Notary to be able to communicate directly with the borrower in any language they both can communicate with. Please learn the laws of your state and how they apply to notarizing foreign language documents. The actual Notary wording must be in English if it is to be notarized in any of the 50 states in the USA. Each state has their own official Acknowledgment and Jurat Notarial wording which the Notary is responsible for knowing. The Notary wording can be included at the end of the document. However, the Notary can also staple a loose certificate form to the document and affix their seal to that certificate after it has been completely filled out. Signers will be required to sign the Notary journal in states where Notary journals are used (which includes most states.)

Oaths in Russian?
Some Notary acts such as Jurats, Oaths, or other acts that include Oaths such as swearing in credible witnesses require the Notary to administer an Oath. An Oath for an English language document or Russian language document can be performed in the language of your choice. If the signer or affiant feels more comfortable in Russian and the Notary knows Russian, you can conduct your Oath in Russian.

How can I get a Russian language document notarized?
As stated above, some states require the Notary to understand the language of the document while others don’t. However, the language of the notarization itself would be in English. You can find a notary on 123notary who speaks Russian to assist you in this matter. Just visit our Advanced Search page and look up a Russian Speaking Notary by zip code!

You might also like:

How do I get a foreign language document notarized?
http://blog.123notary.com/?p=18788

Apostille general information
http://blog.123notary.com/?p=21419

Share
>

October 22, 2019

Busca un Notario Publico o Notary Public en Los Estados Unidos?

Filed under: Public Interest — Tags: — admin @ 11:43 pm

En Ingles, no exista Notario Publico. La palabra legal aqui es “Notary Public”. Un “Notario Publico” tiene reponsibilidades differentes y mas alto de “Notary Public Norte Americano” en paises Latinos como abogada. Pero un Notary Public en Los Estados Unidos solo puede “notarize” (certificar por notario) documentos, administra juramentos, y nada mas!

Si tu busca un Notary Public en Los Estados Unidos que abla Espanol, 123notary tiene muchos en cada estado. Usa el “search filter” en el derecha de cada pagina de “search result” por buscar un Notary Public que habla Espanol.

Los abilidades de nuestros Notary Publics en Espanol variar de un poco a fluido con gente de Los Estados Unidos de familias Anglos que hablan pequeno Espanol a gente de Mexico y otras paises Latinos que habla Espanol perfectamente.

Gracias y buena suerte.

You might also like:

Is it better to be bilingual or speak Spanish?
http://blog.123notary.com/?p=19264

Where can I find a Spanish speaking notary?
http://blog.123notary.com/?p=18824

Share
>

October 18, 2019

Where can I find a Mandarin speaking Notary?

Filed under: Public Interest — Tags: — admin @ 11:30 pm

Where can I find a Mandarin speaking notary public?

At 123notary.com, we receive all types of inquiries from many types of people all the time. Where can I find Roger Smith, he is a notary in Louisiana? He notarized a document for me a year ago, and now I can’t find him. I refer the inquirer to the Louisiana notary division, since they have the addresses of all currently commissioned notaries in the state. I also get a few people asking me where they can find a notary in India, or Thailand. I refer them to the embassy, or ask them to find an attorney in the country in question. I give sensible advice, and steer people the right direction, but honestly, I don’t have a lot of information myself that is good for answering most of the questions I get. The harder requests are requests that I would LIKE to be able to fulfill, but sometimes it’s hard.

Where can I find a Mandarin speaking notary?
123notary.com has many bilingual notaries. You can use the LANGUAGE FILTER on the top right of the search results page after you do a search by zip code. Many of our bilingual notaries are Mandarin Chinese Speaking notaries, however, they are all spread out, and there are dialects too. Someone who knows Min-Nan-Yu only might not be fluent in Hakka for example. These are Southern dialects from Guang-Dong and Southern Fu-Jian by the way. The more common dialects are Mandarin, Cantonese, and Taiwanese in American metros. You might find many Cantonese speaking notaries in any big city, but we have relatively few advertising on our site. You can do a search by zip code and then use the language filter on the upper right side of the page. Try inputting the term Cantonese, and then try Chinese as a second search. See what happens. I cannot guarantee results because people join our directory daily, and change their language information from time to time, and drop out from time to time as well.

If you can’t find a Mandarin speaking notary on 123notary…. then…
The document signer needs to speak the same language as the notary in California and many other states. As a practice, even if your state doesn’t require it, the signer should be able to communicate directly with the notary. You could try the Chinese yellow pages, or ask around in your metro’s Chinatown. There will be plenty of Mandarin speaking notaries, but they might not advertise much as their business might come from word of mouth or (peng-you tui-jian gao-su peng-you) as the case might be.

It is common for Chinese people who function mainly in Mandarin Chinese to pick service providers who also speak their language. However, this might not be a good idea. If your English is “Good enough”, you might be better off with an English speaking notary who is really good at what they do, and who is familiar with commonly notarized affidavits and documents. Just my opinion. Choose the skill set before you choose the cultural affinity if you have a choice!

To find a Mandarin speaking notary, just look up Mandarin in the language filter on search results. To find a Taiwanese speaking notary, just look up Taiwanese in the language filter. To find a Cantonese speaking notary, just type the word Cantonese in the language filter in the upper right corner of the search result pages. Honestly, the word “Chinese” will give you much wider results than these dialect names, but in NYC or San Francisco, you might find the dialect of your choice! “Zhu ni hao yun!”.

You might also like:

Where can I find a Cantonese speaking notary?
http://blog.123notary.com/?p=1640

How do I get a foreign language document notarized?
http://blog.123notary.com/?p=18788

Share
>

April 24, 2019

Notaries can get jobs in banks more easily

Filed under: Public Interest — admin @ 10:22 am

If you would like to have more options to work in a bank in any particular capacity, it is easier to get a job at a bank if you are a commissioned Notary Public. Being a Notary Public involves applying to your particular state, in many cases taking a course and passing a test. The rules for becoming a Notary are state specific and change over time so please ask your state or visit your state’s Notary Public information online which generally is on the Secretary of State’s website.

There are lots of documents that might get notarized at a bank. Sometimes banking power of attorney forms need to be notarized. Other times, contracts, affidavits, or other general documents might need to be signed and notarized. Loan documents might need to be signed at a bank and those include Deeds of Trust, Mortgages, Signature Affidavits and many others. It is good to be knowledgeable about the loan signing process if you get involved in loan signing.

It is likely that a bank might want to have multiple Notaries on staff. After all, people call in sick, quit, and take lunch breaks, but the Notary work still must get done.

So, consider becoming a Notary so you can get that bank job you have always dreamed of. And yes, I would like my withdrawal in ones please…

You might also like:

Bank of America Power of Attorney Form
http://blog.123notary.com/?p=21327

Banks need more notaries on staff
http://blog.123notary.com/?p=21153

Share
>

March 17, 2019

How do I find a German speaking Notary Public?

Filed under: Public Interest — Tags: — admin @ 9:57 am

Where can I find a Notary who speaks German?
Look no further. 123notary.com has a few German speaking Notaries on board. Just look up a Notary by zip code and then use the language filter at the top right of the site. You can enter in the name of any language such as German, Spanish, Japanese, Vietnamese, American Sign Language, or more! We used to have a Notary named German who spoke Spanish. In fact, we have German speaking Notaries in almost all states! Additionally, we have a search filter directly abovetto the right of the search results where you can enter the word German and find only German speaking Notary service providers.

How good is their German language proficiency?
On 123notary.com, we have many Notaries who speak German. The degree of fluency varies from Notary to Notary as some are conversational while others are native speakers. A handful are from German speaking families who grew up in America and might be excellent at conversation but not as proficient at business oriented communication. So, test your German speaking Notary out over the phone to make sure they are up to your standards before hiring them!

Notary German — Attorneys vs. Non-Attorneys
Please be advised that Notaries in the United States are seldom Attorneys and non-Attorney Notaries may not give legal advice. Most Notaries are also not authorized to draft legal documents. There are affordable legal support centers where they can help you draft documents. Please make sure that your document is completely drafted before contacting a Notary Public from 123notary.com.

Immigration Advice
Notaries cannot give advice about immigration matters unless they are specifically licensed to do so. For immigration questions, please contact the proper authorities.

Notarizing in German?
Notaries may Notarize a document that is in German, however the Notary wording would be in English for the notarization. Some states require the Notary to be able to understand the document. Other states require the Notary to be able to communicate directly with the borrower in any language they both can communicate with. Please learn the laws of your state and how they apply to notarizing foreign language documents. The actual Notary wording must be in English if it is to be notarized in any of the 50 states in the USA. Each state has their own official Acknowledgment and Jurat Notarial wording which the Notary is responsible for knowing. The Notary wording can be included at the end of the document. However, the Notary can also staple a loose certificate form to the document and affix their seal to that certificate after it has been completely filled out. Signers will be required to sign the Notary journal in states where Notary journals are used (which includes most states.)

Oaths in German?
Some Notary acts such as Jurats, Oaths, or other acts that include Oaths such as swearing in credible witnesses require the Notary to administer an Oath. An Oath for an English language document or German language document can be performed in the language of your choice. If the signer or affiant feels more comfortable in German and the Notary knows German, you can conduct your Oath in German.

How can I get a German language document notarized?
As stated above, some states require the Notary to understand the language of the document while others don’t. However, the language of the notarization itself would be in English. You can find a notary on 123notary who speaks German to assist you in this matter. Just visit our Advanced Search page and look up a German Speaking Notary by zip code!

You might also like:

Find a Notary — who provides 24 hour service on 123notary!
http://blog.123notary.com/?p=4635

Power of Attorney Notarizations
http://blog.123notary.com/?tag=power-of-attorney

How do I get a foreign language document notarized?
http://blog.123notary.com/?p=18788

Share
>

January 23, 2019

What are Mobile Notary Fees?

The states decide what a Notary can charge for Notary services, but few states have rules for what a Mobile Notary or Traveling Notary can charge for mobile services and waiting time.

Notaries in most states (NV & MD have restrictions I’ve heard) can charge whatever they want for Mobile Notary Fees. There are many factors that determine a Notary’s fees. I will list these factors below. Rates generally range from $20 to $50 for mobile fees plus notary fees which differ by the state.

Experience
Notaries with experience typically set their rates higher. The fee depends on how desperate or arrogant they are. Rates can really vary, so shop around. But, realize that getting the best rate is not always the best idea because knowledge and experience count. Also note, that years of experience rarely translate into knowledge. Most Notaries are show offs and typically brag about how many years they have been doing this job. But, when you drill them on knowledge, you might find out they have about the same knowledge as someone doing this for two years who reads Notary tutorials and handbooks regularly. A word to the wise!

Distance
Notaries charge for distance. Some calculate distance based on miles, while others focus more on how long it will take. Others charge by what county you are in or what particular area you are in. It will save you money if you find someone close.

Time of Day
If you hire a Notary during the day, there are more Notaries operating, and the price is lower. If you want a Notary to go to a hospital at 3am, you might be looking at paying double or triple the normal fee. Sometimes the Notaries who offer 24 hour service will yell at you and ask, “Why are you calling me so late? Do you have any idea what time it is?”

Type of Job
If the job is a document signing or loan signing the price will be more of a standard price. Most Notaries do loan signings for $70 to $110 unless they consider themselves to be fancy in which case the price would be $125 to $175. Hospital and Jail jobs cost more because there is more involved, more legal risk, more waiting time, and the clients are normally more difficult. Additionally, since fewer Notaries will do hospital and jail signings, the price by default goes up.

Printing
If the Notary needs to print or fax anything the price goes up.

Waiting Time
If you keep an experienced Notary waiting, they will normally want to get some sort of compensation for their time. Some have a set rate while others have a very foggy idea of what to do if you keep them waiting. Try to be prepared so you don’t keep anyone waiting.

Legal Advice
Please do not ask a Notary for legal advice. They are not authorized to give any, and you will not get good information from a notary about legal matters anyway unless they are an Attorney Notary. Ask an Attorney who is competent and specializes in whatever your question is.

Document Drafting
Ask an Attorney where to get your document drafted and what terms to put in it. Notaries should not help in drafting documents unless they are legally authorized to do so which is rare.

.

You might also like:

A comprehensive guide to Notary pricing
http://blog.123notary.com/?p=16504

How much does a Notary charge in 2019?
http://blog.123notary.com/?p=21308

Best humorous Notary Posts
http://blog.123notary.com/?cat=3241

If you overcharge — notary fines and penalties
http://blog.123notary.com/?p=6903

Share
>
Older Posts »