New Paths in Real Estate Closings

by: Attorney Noyes

12/6/20231 min read

In the evolving landscape of real estate transactions, traditional closing methods are no longer the only option. As an attorney at Noyes & Associates, I want to share insights on the alternatives available to our clients, offering flexibility and efficiency in closing their real estate deals.

Remote Online Notarization (RON)

A significant shift has been the adoption of Remote Online Notarization. RON allows parties to complete the notarization process digitally using video conferencing technology. This approach saves time and offers convenience, especially for out-of-state clients with mobility constraints.

Electronic Closings (eClosings)

Electronic Closings are another alternative gaining traction. eClosings involve signing most of the closing documents electronically. This method streamlines the process, reduces paper waste, and often leads to faster closings. It's particularly appealing in today's digital-first world.

Mail-Away Closings

Mail-away closings provide a solution for clients unable to attend the closing in person. In this scenario, all necessary documents are mailed, and the client completes them at their convenience. While this method lacks the immediacy of digital options, it offers flexibility for those who prefer or require it.

Escrow Closings

Lastly, escrow closings, where an impartial third party holds the funds and documents until all conditions of the sale are met, can be an excellent choice for those seeking an added layer of security in the transaction.

At Noyes & Associates, we understand that every client's situation is unique. That's why we're committed to providing tailored solutions, whether a traditional closing or one of these innovative alternatives.

For personalized advice and to explore the best closing method for your real estate transaction, contact Noyes & Associates. We're here to ensure your closing process is as smooth and stress-free as possible.

Contact Noyes & Associates for a consultation tailored to your needs.