Closings During COVID-19
Filed under Mortgage on May 08,2020 | Tagged in: covid-19, curbside mortgage closings, mortgage closings, remote mortgage closings
If you’ve ever been to a real estate closing, you know the word “close” is what comes to mind. As in people, close together in a closed room, touching and passing piles of paper. It’s not surprising that during these times of COVID19, safer methods of finalizing a real estate transaction have to be created – and they have.
As discussed in this article from Forbes, curbside and remote mortgage closings have become more common as title companies are adjusting to safety protocols. Remote online notarization is being made possible by audio/visual technology. In some areas, window-separated signings or porch signings are also being conducted.
If you have a real estate or mortgage transaction in the works, check with your real estate agent or mortgage lender and ask how your closing will be handled. You can also call the Vanguard Realty Associates team for insight. We care about handling your transaction in the safest possible way.
