It’s no secret that a property closing is a potentially stressful situation, no matter where you stand in the transaction process. Buyers and sellers everywhere have found that navigating through the often complicated property sale process can quickly prove challenging. However, purchasing or selling a property from out of state instantly adds another level of complexity (aka inconvenience!) to an already trying situation. Without being local to the property itself, everything seems to take longer and move more slowly.
A Witness Courtesy Closing Streamlines 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 witness courtesy closings can instantly help alleviate unnecessary and potentially daunting situations regarding their closing. By definition, witness courtesy closings are legal services offered to title, escrow and mortgage companies and created specifically to ensure that long distance property buying and selling is as seamless and straightforward as possible by managing the many necessities the transaction requires. Not sure if witness courtesy closings are for you? Understanding what to expect when partnering with a firm that specializes in these transactions can help you determine if it’s the right move for your move.
Understanding The Many Benefits Witness Courtesy Closings Offers
By enlisting the help of a specialized firm for help with out of state transactions, buyers and sellers instantly eliminate the need for troublesome and potentially expensive travel back and forth to where the property is located for the sale. This third party provider receives all necessary documentation from the lending institution and delivers it to an agreed upon location for signature and notarization. While typical purchases often take place at the local lender’s or real estate agent’s office, a witness courtesy closing can occur at virtually any location deemed convenient for either party. From community spaces to the current home of the buyer or seller, these transactions deliver the ultimate exercise in accessibility for long distance parties. Once all the paperwork has been appropriately signed and notarized, the third party provider will then take all the necessary steps to ensure that it is properly processed. The partnering firm will utilize their own equipment and resources to fax, scan and forward all that is needed to continue the transaction on the correct path.
When sourcing a provider for a witness courtesy closing, it’s important to remember to get quotes from various providers. Quote comparisons for services are the best way to ensure that you’re getting the best deal possible. Also it’s highly recommended to partner with a third party provider that has an onsite notary as part of their service offerings. This type of one stop transaction solution will further eliminate stress and inconvenience and help guarantee that your property selling experience remains an enjoyable one.