Special offer

Really?

By
Services for Real Estate Pros with The DotLoop Company

First I finalized my re-finance, then I had to go to the hospital.


OK, so that's a lie. But, after signing and initialing the approximately fourteen thousand pieces of paper, I could have sworn I had carpel-tunnel syndrome.

Late last week, I completed the re-finance of my home. I was a bit early for my meeting and when I walked in to the banker's office, I saw the giant stack of papers.

"Almost done," he told me, as he added a few more stacks of paper to the pile.

Really? This is what it takes?

Now don't get me wrong, I understand that a home is probably the most expensive and involved purchase one can make.

But this much paper?

I couldn't help but think back years back when I first purchased my home. Even then, of course, there were reams of paper to sift through and sign. But, as my bank representative told me, there's even more to go through thanks to the recent housing disasters.

But how is adding more paper a better way of doing things?

Luckily, DotLoop makes it easy to electronically sign and negotiate an offer all from the comforts of your home. And, of course, it's completely paperless. You don't even have to print off PDFs like you do other "paperless" real estate technologies. I wish I could have used the system for my re-finance; it certainly would have saved me a lot of ink and pain.