Remote Close

In real estate, a remote close is a closingThe process of completing a financial transaction. For mortgage loans, the process of signing mortgage documents, disbursing funds, and, if applicable, transferring ownership of the property. In some jurisdictions, closing is referred to as “escrow,” a process by which a buyer and seller deliver legal documents to a third party who completes the transaction in accordance with their instructions. See... at a place other than the titleThe right to, and the ownership of, property. A title or deed is sometimes used as proof of ownership of land. company. Typically a notary is hired to go to the place of your choice to sign and notarize your closing documents. It can be your home, office, out-of-state location, military base, foreign embassy. Anywhere with a notary service acceptable to the buyer, seller, title company, and lenderThe lender providing funds for a mortgage. Lenders also manage the credit and financial information review, the property and the loan application process through closing..