Saturday, July 7, 2018

The Missing Piece in Electronic Signing for Real Estate Transactions

Below is a link to a blog post by a company (new to me) called "Notarize".  They have created a system to facilitate on-line signing and notarizing of documents -- "notarizing" being the operative word.

Although we've been able to do listing and selling of real estate with electronically signed documents for some time, the missing piece has been the final closing documents, including loan documents, that traditionally are signed in person at the escrow/title office.

It's not clear whether electronic signing of loan documents is or will be acceptable to lenders and/or county recorders.

But it seems inevitable that's the direction we're headed.





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