It’s no secret that closing 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 the often complicated property sales process can quickly become challenging. However, buying or selling a 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 of witnesses streamlines the process
Fortunately, the process of selling a long-distance property doesn’t have to be inconvenient or stressful. Sellers and buyers navigating an out-of-state transaction find that utilizing the benefits of witness courtesy closings can instantly help alleviate unnecessary and potentially overwhelming situations regarding their closing. By definition, witness courtesy closings are legal services offered to title, escrow, and mortgage companies and are specifically created to ensure that long-distance property buying and selling is as smooth and easy as possible when manage the many needs 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 is the right decision for your move.
Understanding the many benefits that Witness courtesy closing offers
By enlisting the help of a specialized company for assistance with out-of-state transactions, buyers and sellers instantly eliminate the need for troublesome and potentially costly trips to and from the property for sale. This external provider receives all the necessary documentation from the credit institution and delivers it to an agreed place for signature and notarization. While typical purchases are often made at the local lender or real estate agent’s office, a witness courtesy closing can occur virtually anywhere that is deemed convenient for either party. From community spaces to the buyer or seller’s current home, these transactions provide the best exercise in long-distance party accessibility. Once all the documentation has been duly signed and notarized, the third-party provider will take all necessary steps to ensure that it is processed correctly. The partner company will use its own equipment and resources to fax, scan and forward everything necessary to continue the transaction on the right track.
When looking for a provider for a witness courtesy closing, it is important to remember to get quotes from multiple providers. Service quote comparisons are the best way to make sure you get the best deal possible. It is also highly recommended to partner with a third-party provider who has a notary in place as part of their service offerings. This type of one-time transaction solution will further eliminate stress and inconvenience and help ensure that your property sales experience remains an enjoyable one.