Closing by Type
Level of Technology Reliance
All e-Closings Transform the closing process in real estate transactions, Metes & Bounds Title Company has stayed on top of new developments to make the closing experience the best it can be.
The following is a brief description of the types of closings available today* as they move from traditional pen-and-paper to fully online.
*Not all types are available in all markets
Level 1: Traditional Closing
All documents are “wet signed” on paper, with the signers, notary and witnesses all in the same Room.
Level 2: Hybrid e-Closing
All parties appear in person all in the same Room to e-Sign and e-Notarize some documents and “wet sign” others.
Level 3: Full e-Closing
All parties appear in person and sign all documents electronically in the same Room as the e-Notary. Documents are suitable for e-Recording by county clerks and recorders.
Level 4: Online e-Closing
In an online e-Closing (remote online notarization) everything is e-Signed and e-Notarized using audio and video webcam technology. Documents are suitable for e-Recording by county clerks and recorders.
** e-Signature consent and lender approval required.