If you have ever had to get forms for a mortgage loan notarized, you know that it can cost a good bit of time and dedication on your part. However, there has been a new creation in the career of public notarization. Mobile notary publics offer a much more convenient way of getting mortgage documents notarized for a small price.
Now, most notaries do not work solely as notaries. Instead, they do notary work part time because functioning solely as a notary cannot provide enough income to sustain a person full time. Notary services have set federal maximums and are strictly regulated by the market. However, becoming a notary that moves to where business is can charge more and make a decent living. The money lies not in the notarization per document, but the cost of having the notary travel and the travel and time it requires for them to maneuver your schedule. They would post these with their prices, of course. Therefore, notaries can have multiple clients, charge for visiting them, charge for time and travel, charge for filling out the forms, and charge for delivery to the bank. They can also charge the banks for their trouble. This notary business can turn a steady profit if pulled off correctly.
Why would a person pay more for someone to come to them? Well, scheduling time to see one during their hours can be difficult. Most people find they have to take time off of work, which equates to them losing money. Having a notary come for twenty dollars during your break can be a welcome price to pay. In addition, you can pay a notary to fill out forms. While they cannot draft full legal documents, they can write your name and date all of your forms, and they can also deliver forms to banks. The amount of time and effort it takes on your part is definitely worth paying for the notary to come to you.
Now, during a downturn in the housing market, this would not be as profitable of a business unless the notary diversified their services. People need other documents notarized, so traveling to see these people would bring in some profit during the off years of the housing market. Some people will always opt for the cheaper method, which is traveling themselves to the notary, but with the availability of a notary public that comes to you, people will begin to take that route.