Homestead Title is now offering two distinct options; Remote Online Notary (RON) and the Virtual/Hybrid Closing. Remote Online Notary is a fully electronic closing without any “wet” signatures, and Virtual/Hyrbid Closing is a combination of Video Conferencing combined with “wet signatures of documents”. We are setup to do both types via platforms like Zoom, Notarize and Pavaso. With that said, in order to successfully facilitate a closing of this nature, there are a couple of essential items that MUST take place:
1) The Lender MUST be willing to allow this to happen. If they are not on board, we will not be able to do either type of these closings. PLEASE CONTACT YOUR LENDER TO DETERMINE ELIGIBILITY AND WHETHER THEY WILL ALLOW YOUR CLOSING TO UTILIZE EITHER OF THESE OPTIONS.
2) If it is a Virtual/Hybrid Closing, the consumer will need to be able to print documents OR we will need to allow more time for the documents to be delivered to them and return to our place of business to do the virtual closing and then arrange for pickup of the documents once they are finished signing.
3) For both the Virtual/Hybrid Closing and RON, the consumer will need to make sure they have the proper technology, including;
A. A Valid Email Address
B. Computer with camera and sound capabilities, or Smartphone
C. Internet Access
If you are interested in learning more or in having one of these types of closings performed, please reach out to Homestead Title and we will gladly work with your clients, lender, and all parties involved to best accommodate everyone. We strongly recommend that you check with your lender first though. Again, if they are NOT on board, we will not be able to facilitate.
Homestead Title has partnered with Notarize, the first notary public platform to allow any person or business to get their documents legally notarized online, 24/7. Our mission is to help people execute the most important transactions of their lives and to make notarization more convenient, secure, and verifiable. Online notarization represents the future of the notary industry. It offers unparalleled convenience, fraud prevention and extra security for both consumers and businesses, and it improves on every aspect of the notarial process.