It’s no secret that a property closing is potentially stressful, no matter where you stand in the transaction process. Buyers and sellers everywhere have found that navigating 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. Everything seems to take longer and move more slowly without being local to the property itself.
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 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 occur at the local lender’s or real estate agent’s office, a witness courtesy closing can arise in virtually any location deemed convenient for either party. From community spaces to the buyer’s or seller’s current home, these transactions deliver the ultimate exercise in accessibility for long-distance parties. Once the paperwork has been appropriately signed and notarized, the third-party provider will take all the necessary steps to ensure it is properly processed. The partnering firm will utilize its equipment and resources to fax, scan, and forward all needed to continue the transaction on the correct path.
When sourcing a provider for a witness courtesy closing, it’s essential to get quotes from various providers. Quote comparisons for services are the best way to ensure you’re getting the best deal possible. Also, it’s highly recommended to partner with a third-party provider with 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 enjoyable.