Think you can’t benefit from a courtesy closing from a witness? The answer might surprise you
It’s no secret that closing on a property is a potentially stressful situation, no matter where you are in the transaction process. Buyers and sellers around 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 from 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 an out-of-state transaction find that utilizing the benefits of witnessed courtesy 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 long-distance property buying and selling is as seamless 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 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 costly round trips to where the property is for sale. This external provider receives all the necessary documentation from the credit institution and delivers it to an agreed location for signature and notarization. While typical purchases often take place at the lender’s or real estate agent’s local office, a witnessed courtesy closing can occur virtually anywhere deemed convenient by either party. From community spaces to the current home of the buyer or seller, these transactions provide the ultimate exercise in accessibility for long-distance parties. Once all documentation has been duly signed and notarized, the third party provider will take all necessary steps to ensure it is processed correctly. The partner company will use their own equipment and resources to fax, scan and forward everything needed to get the transaction on the right track.
When looking for a provider for a witnessed courtesy 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. It is also highly recommended to partner with a third-party provider who has an on-site notary as part of their service offerings. This type of end-to-end transaction solution will further eliminate stress and hassle and help ensure that your property sales experience remains a pleasant one.