Do the Buyer and Seller Have to Attend the Closing?

Reblogger Gabe Sanders
Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Here's a question that comes up pretty often in my market as well.  I would say that fully 50% of my buyers and sellers don't personally attend their closings.  It can all be done by mail, email and wire transfers.  Though, at some time, I (or a representative) do physically hand over the keys.

 

Original content by Debbie Reynolds TN Broker: 208698

Is it a must that the buyer and seller physically attend a real estate closing?

Signing at clsosing
Most of the title and real estate closing companies in Clarksville, TN can complete a closing without the physical presence of either party. We deal with relocation buyers and sellers that have already left the area. One thing they don't want to do is to incur the extra expense to travel back to Clarksville just to close on the house. They will do it if they have to but it is no
longer necessary and closing documents can be signed and notarized almost anywhere and in all parts of the world.

Clarksville is a military town and we recognize that buyers and sellers may be deploying and or not yet ready to live their duty station. We want to find anyway possible that we can help ease the burden of the closing and make it easier.

Documents can be Express Delivered, emailed and printed and the buyer and seller can sign in front of a notary and overnight them back to the title company. Funding does not occur until monies have been wired to escrow and the original documents are received back and verified to be correctly executed.

Local buyers or sellers can also schedule suitable times to sign at the title company. They do not have to be there at the same time. If one of the parties has physical problems not allowing them to leave their home or hospital room, a mobile closer will sometimes go to the client. Other times another trusted party can act as attorney-in-fact for the buyer or seller and sign in their behalf with the Power of Attorney. 

Buyers and Sellers Do Not Have to Attend the Closing but they must be able to get their documents signed and notarized for the closing in a timely manner. Faxed and emailed notarized documents do not serve as originals from most closings.

You can see from this post there are several options available. If you know you will be unable to attend a closing, please give the title company plenty of notice so other arrangements can be made. Additional time may be necessary to complete the closing if the buyer and seller cannot physically attend the closing. 

This information is provide courtesy of Clarksville TN Real Estate Agent, The Real Debbie Reynolds. 931-320-6730.

When you need Real Estate services in Clarksville TN

                  it would be my pleasure to assist you!                             

        "The Real Debbie Reynolds"

Check out all Clarksville TN Real Estate on My Website

                   
                   
931-920-6730 Office or 931-320-6730 Cell

Clarksville TN Homes

Berkshire Hathaway HomeServices-PenFed Realty

2503 Wilma Rudolph Blvd., Clarksville, TN 37040 

 

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Rainmaker
2,075,363
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gabe having sold Real Estate in Boston, MA it was "mandatory" now having lived in California the answer is NO I have had buyers and sellers all over the globe and we closed lots of transactions without ever meeting my buyers or my sellers, Endre

Jan 11, 2017 12:00 AM #1
Rainmaker
1,316,934
Gary L. Waters, Broker Owner, Waters Realty of Brevard, LLC
Waters Realty of Brevard, LLC - Rockledge, FL
... a small office, delivering big service!

I just had my first closing where no one attended a  closing and I never met either party although I worked with buyer and seller.   Well this was a vacant lot and seller was out of state and buyer called from my sign.  Electronic signatures are great!

Jan 11, 2017 03:39 AM #2
Rainmaker
3,230,066
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This is a good post to reblog. I hope others will read it too and learn .

Jan 11, 2017 03:44 AM #3
Rainmaker
1,938,217
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Gabe, I did see this post on Debbie's blog and it is an excellent post and and a very good one to re-blog.. Have a great evening.. 

Jan 11, 2017 01:20 PM #4
Ambassador
2,711,633
Debbie Reynolds
Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I am like Endre. There are many sellers i have never met and were thousands of miles away. Thanks, Gabe for the reblog.

Jan 11, 2017 02:15 PM #5
Rainmaker
2,844,822
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Gabe

I have had a number of closing either the buyer or seller did not attend. Also 

had closing where it was a mail away to both the buyer and seller.

Good luck and success.

Lou Ludwig

Jan 11, 2017 05:59 PM #6
Rainmaker
3,583,204
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

This is a good selection for a reblog. Debbie Reynolds provides outstanding advice.

Jan 12, 2017 04:49 AM #7
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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