Buyers know that some real estate transactions must be notarized. You would expect the signing of a deed, for instance, to require notarization, but you may not be familiar with the term "wet" signature. That term simply means that an Sailor in stormoriginal document is required, and the signature usually must be in blue ink. When wet signatures are required, even a color copy will not suffice.

Many, probably most, home purchase contract documents now are passed back and forth between buyer and seller via fax or email. Any institution or seller who will accept faxed or emailed documents is one that does not require a wet signature. Most states now accept faxes and emails as legal documents and no longer require originals. There are some notable exceptions, however, and HUD is probably the most prominent.

If you are buying a HUD home, your agent will be required to send original documents to HUD, usually via overnight delivery. Documents will have to be printed in color and all signatures must be in blue ink. Once the original document is received and signed by HUD, subsequent documents, such as amendments, can usually be faxed or emailed.

The irony of HUD's demand for wet signatures, though, is that HUD now emails the signed document back to the real estate agent, rather than over-nighting a signed contract. Don't expect a wet signature back from HUD!

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17 Comments on "Wet" signature: What in the world is that?

JAN
11
2011

interesting term. I'm a notary as well and have never heard of a wet signature just dry closings.
10:48pm • #1
143,179 Points 1 Featured Post Attended Rain Camp

The term is a bit confusing to clients but once you explain it they get the idea behind it. They also understand that documents requiring this need the up most attention and speed in returning them to their agent.
10:52pm • #2
217,695 Points 13 Featured Posts Called Shot Master

Andres~Unfortunately, I've also heard of dry closings! In fact, my very first closing was dry. Talk about disappointing...
10:59pm • #3
217,695 Points 13 Featured Posts Called Shot Master

Good point, Victor. Buyers who know the docs are going to have to be over-nighted do feel a sense of urgency. Thanks.
11:00pm • #4
289,689 Points 6 Featured Posts Called Shot Master

A throw back to the old days.  Thanks for sharing this information.  
11:02pm • #5
217,695 Points 13 Featured Posts Called Shot Master

Kate~The fact that HUD does not send original contracts back after they have signed them still has me stumped, though.
11:06pm • #6
Called Shot Master

Very interesting.  Would never have know what this term meant, except that perhaps the ink was still wet.
11:07pm • #7
Liz Yes have been going over Hud stuff this week and think it funny there strictness of original documents in blue ink, but in return not the same standard. I wonder what they would think of a nice aqua blue ink LOL.......Brad
11:08pm • #8
217,695 Points 13 Featured Posts Called Shot Master

Christopher~Sometimes the signature is still a bit wet when the docs get shoved into the envelop just in time for the Fed Ex or UPS pick-up!
11:15pm • #9
217,695 Points 13 Featured Posts Called Shot Master

Brad~The HUD stuff would not be so bad, if I could just get it right the first time. It seems that something is always wrong on one or more pages...

Yeah, aqua does sound like a nice touch!
11:16pm • #10
JAN
12
2011
410,156 Points 5 Featured Posts Outside Blog Called Shot Master

Liz, I have never heard of this term, wet signature, before.  I do know about the blue ink for the HUD contracts, though:)  I am sure, that in time, their rules will change to meet with the internet world.
9:44am • #11
217,695 Points 13 Featured Posts Called Shot Master

Frances~ The term is probably not as common now as it used to be, especially given the fact that most sales do not require original contracts.
11:33am • #12
JAN
13
2011
964,731 Points 60 Featured Posts Outside Blog Called Shot Master

Liz:  this is a great post, and I have hit the "suggest" button on it.  From all I know about the requirements for notarizing something... the notary is swearing that the signature IS that of the person whose name is signed... and that the actual signing of it was done in the presence of the notary.  I know things are different sometimes from state to state... but with my dealing with notaries... that is what I have seen.

I think explaining the term to someone could easily be done by saying... "you know... a "wet" signature... as in "waiting for the ink to dry."
2:42am • #13
JAN
15
2011
217,695 Points 13 Featured Posts Called Shot Master

Karen Anne~Thanks for the "suggest." Even the notary process has changed, with few notaries using the 3D punch. Mostly, now it's just a black ink stamp (with a blue signature). 
8:22pm • #14
SEP
06

very soon HUD is not going to allow signatures at all --- they will require the buyer and realtor to meet face to face at the HUD office in DC
lenny
6:17pm • #15
SEP
07
217,695 Points 13 Featured Posts Called Shot Master

Lenny~FUNNY! I laughed out loud, so thanks!
11:40am • #16
JAN
09

You say, "The fact that HUD does not send original contracts back after they have signed them still has me stumped, though."

 

I say, "Could it be their own rules don't apply to them?"

 

Should they not follow their own protocol, if that is what is required? Seems only one side is "playing by the rules".

 

IMHO
SillyWhabbit
2:31pm • #17


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Liz Lockhart,GRI, Cape Girardeau Real Estate

Liz Lockhart, Riverbend Realty broker/owner

Cape Girardeau, MO

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Riverbend Realty, Cape Girardeau, MO

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