Think you can’t benefit from a courtesy witness closing? The answer might surprise you
It’s no secret that a property closing is a potentially stressful situation, no matter where you are in the transaction process. Buyers and sellers from all over the world have found that navigating through the complicated process of selling property can quickly become challenging. However, buying or selling property out of state instantly adds another level of complexity (aka inconvenience!) to an already difficult situation. Without being local to the property itself, everything seems to take longer and move more slowly.
A courtesy closing of a witness expedites the process
Fortunately, the long-distance process of selling a property doesn’t have to be inconvenient or stressful. Sellers and buyers navigating through an out-of-state transaction find that utilizing the benefits of courtesy witness closings can instantly help alleviate unnecessary and potentially overwhelming situations regarding their closing. By definition, Courtesy Witness Closings are legal services offered to title, escrow and mortgage companies and created specifically to ensure that the long-distance purchase and sale of property is as smooth and easy as possible by managing the many necessities that the transaction requires. Not sure if witness courtesy closings are for you? Understanding what to expect when partnering with a company that specializes in these transactions can help you determine if it’s the right move for your move.
Understand the many benefits that Witness Courtesy Closing offers
By enlisting the help of a specialized firm to assist with out-of-state transactions, buyers and sellers instantly eliminate the need for troublesome and potentially expensive travel to and from the location of the property for sale. This external provider receives all the necessary documentation from the credit institution and delivers it to an agreed place for signature and notarial certification. While typical purchases are often made at the local lender’s or real estate agent’s office, a courtesy witness closing can occur virtually anywhere deemed convenient by either party. From community spaces to the buyer’s or seller’s current home, these transactions provide the ultimate long-distance party accessibility exercise. Once all documentation has been duly signed and notarized, the third party provider will take all necessary steps to ensure that it is processed correctly. The partner company will use their own equipment and resources to fax, scan and forward everything necessary to keep the transaction on the right track.
When looking for a provider for a courtesy witnessed closing, it’s important to remember to get quotes from multiple providers. Service quote comparisons are the best way to ensure you get the best deal possible. Partnering with a third-party provider that has an on-site notary as part of their service offerings is also highly recommended. This type of comprehensive transaction solution will further remove the stress and hassle and help ensure that your property selling experience remains a smooth one.
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