Docusign Electronic Signatures - REO and Short Sale Purchase offers

Real Estate Agent with Red C Realty| Call 650-996-8961 CA DRE# 01468791


DocuSign Electronic Signatures - Short Sale Purchase offer and other lender documents.

 Docusign, Electronic Signatures, Short Sale Agent, San Mateo County


 I was processing a short sale listing in Pacifica CA. Finitely the short sale has approved and closed last October 2012. What was the challenge? The challenge was to get signatures from the seller within 24 to 48 hours. The right news was that the short sale lender (Bank of America) had accepted Electronic Signatures. I was very happy to find out from my negotiator that Bank of America had accepted short sale document using electronic signatures (Docusign).


Short Sale agent in San Mateo County/San Francisco


Using Docusign has saved us time and money. The homeowner and I have worked on the short sale it since the beginning of April 2012. A while ago Bank of America offered my client to short sale her home in Pacifica CA. She was select to take part in a short sale cooperative without an offer at the same time the homeowner had received a job opportunity in the East Coast. She was accepting the job and moves to East Coast.




Short Sale Agent, Pacifica, Daly City, San Bruno, South San Francisco, San Mateo 

Dealing with getting the paperwork signed was tough. We had a different time zone, and it was very difficult to connect real-time because the seller was busy with work or traveling. When she was at home it was the same because she did not have a fax or printer at home, as everyone knows Printing, Faxing and scanning can be very expensive plus having to go to their place.

 Docusign, Electronic Sigmatures, Short sale

I was thinking, when are the big short sale lender are going to start using DocuSign? It could be a great solution to both of us. Like any typical short sale, we lost the first offer. The buyer walked away, and we have to start all over again. I tried to speed up the process I decided to ask my negotiator if Bank of America by any chase was accepting electronic signature (Docusign)soon others banks will be welling to adopte it too, she said they have not rejected them recently, so send it to me. I did and in fact, Bank of America accepted the documents. I am very happy because using DocuSign electronic signature has saved my client and me a lot of time and headaches.


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Mayra Espinosa Broker - Realtor

Mayra Espinosa-Realtor Broker Associate, Probate Certified, proudly Serving buyers and seller in Pacifica, San Bruno, Daly City, South San Francisco, Millbrae, San Mateo, Burlingame and all the San Francisco Peninsula communities


Mayra Espinosa

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1021 S. El Camino Real San Mateo, CA 94402

Red C Realty

Cell: 650-996-8961



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IMPORTANT NOTICE Realty One Group Alliance, Mayra Espinosa is/are not associated with the government, and it services have not been approved by the government or the consumer’s lender. Your lender or mortgage servicer may not agree to change your loan and/or agree to a Short Sale. If you stop paying your mortgage, you could lose your home and damage your credit rating. You can stop doing business with Realty One Group at any time. You can accept or reject any offer Realty One Group obtains from your lender. If you reject the offer, you do not have to pay the company’s real estate commission as outlined in the listing agreement. There is no guarantee you will get the results you seek from a short sale. Realty One Group does not provide Legal or Financial Advice. Please seek legal counsel. Should you hire Realty One Group you may still communicate with your own lender. Realty One Group will not charge upfront fees under any circumstances to the homeowner.


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Lori Williams
Lake Wylie, Charlotte, Gastonia Homes for Sale ABR, CDPE, SFR, ASP, - Gastonia, NC
Lake Wylie, Gastonia, SW Charlotte, Homes for Sale
That is good news! I list reo for a small bank and they continue to refuse electronic signatures. Very frustrating! Seems like they would see that it is better to accept e signatures then a bad scan or in readable fax.
Nov 22, 2012 07:52 PM #1
Mayra Espinosa Realtor San Mateo Pacifica Homes
Red C Realty| Call 650-996-8961 - San Mateo, CA
Pacifica -San Mateo,CA Real Estate agent, Buy,sell

Hi Lori,

They have to start somewhere. It looks like the banks are trying to adopt this technology slowly. They are probably worried about the legal aspects and risks.


Nov 23, 2012 03:44 AM #2
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Mayra Espinosa Realtor San Mateo Pacifica Homes

Pacifica -San Mateo,CA Real Estate agent, Buy,sell
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