Do the Buyer and Seller Have to Attend the Closing?

By
Real Estate Agent with Platinum Properties TN Broker: 208698
http://activerain.com/droplet/4Yyr

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.

Posted by

 Centruy 21 Platinum Properties2130 Wilma Rudolph Blvd.

Clarksville, TN 37040

When you need Real Estate services in Clarksville TN

                  it would be my pleasure to assist you!                             

Debbie Reynolds
"The Real Debbie Reynolds"

Check out all Clarksville TN Real Estate on My Website

                   
                   
931-771-9070 Office | 931-320-6730 Cell

Clarksville TN Homes 

                 

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Re-Blogged 2 times:

Re-Blogged By Re-Blogged At
  1. Tony and Suzanne Marriott, Associate Brokers 01/08/2017 04:00 AM
  2. Gabe Sanders 01/10/2017 11:42 PM
Topic:
Real Estate General Information
Location:
Tennessee Montgomery County Clarksville
Groups:
Around The Water Cooler
Bananatude
Hyper-Local
Tags:
buyers
closings
clarksville
title companies
sellers

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Rainmaker
657,588
Nick & Trudy Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtors, Philly Main Line

Debbie useful post, many people think they have to be present, whilst it makes life easier, it is not necessary but as you say let the title company know well in advance so they can prepare.

Jan 05, 2017 07:17 AM #33
Rainmaker
2,643,116
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Most closings here in NH, the buyer and seller do attend. However not all. We have relocation buyers, banks as sellers and investors who make other arrangements when they can not be there. Nice topic Debbie Reynolds 

Jan 05, 2017 07:23 AM #34
Rainmaker
2,269,891
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

No need to show up and help the duck quack...It knows

Jan 05, 2017 07:30 AM #35
Ambassador
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Amanda Christiansen
Christiansen Group Realty (260)704-0843 - Fort Wayne, IN
Christiansen Group Realty

It's rare that both sellers and buyers don't attend closing here in Fort Wayne, IN.  Unless it's a relocation or the sellers are out of state all parties are there, and most of the time it's fun!  

Jan 05, 2017 07:41 AM #36
Rainer
167,405
Macy Babb
Re/Max Around Atlanta Realtor - 404-234-6166 - Cartersville, GA
Realtor, SFR, HUD/REO Certified

I hate sitting around waiting on funding ..so on my personal sales (especially flips)... I usually ask they use my closing attorney and go by early to sign as seller for my part, leave keys, and return later to pick up my check or have it wired into my account (even better).

Jan 05, 2017 08:05 AM #37
Ambassador
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Alan May
Coldwell Banker Residential - Evanston, IL
Helping you find your way home.

In our area, we also have round-table closings, where both sides are typically represented.  We're also unusual in that we use real estate attorneys in 99% of our transactions.

The sellers often don't attend the closing, having pre-signed any/all of the necessary documents with their attorney... and giving their power-of-attorney to their attorney in case something needs to be signed last minuted.

While buyers are not required to attend, most of the lenders I work with, insist that all buyers that will be on the title attend the closing and sign the paperwork live.  They don't like it when any buyers use power-of-attorney, although I believe it's legal... and given a really, really good reason, they might allow it.

Jan 05, 2017 08:17 AM #38
Rainmaker
1,867,316
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Lots of through the mails., or two part. But when everyone can get together, attending them saves last minute snafus.

Jan 05, 2017 08:17 AM #39
Rainer
220,256
Chris Lima
Atlantic Shores Realty Expertise - Port St Lucie, FL
Local or Global-Allow me to open doors for you.

This is a great post and I enjoyed reading the comments.  I can only remember two closings that actually had all parties at "the table".  I appreciate the fact that a handful of folks, do appreciate the ceremony, but I do think it's quicker when done separately. It's amazing how procedures change over the years.

Jan 05, 2017 08:42 AM #40
Rainmaker
3,530,839
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Debbie, unless the buyer or seller is out of town, generally we have both at the table for the closing.

Jan 05, 2017 08:43 AM #41
Rainer
144,128
Andrzej Niemyjski
Realty One Group - Sun City West, AZ

With REO listings I often had national title that does not have a presence in AZ

Jan 05, 2017 09:08 AM #42
Rainmaker
309,388
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 480-966-9353 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Debbie, what  a great idea to write about this topic - and emphasize that the signed and notarized originals must be in the title/escrow company before closing can happen. For contracts faxed documents are acceptable, but not for final closing docs.

Jan 05, 2017 09:11 AM #43
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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Debbie - I'd guess that about a third of our closings are missing at least one of the parties, but it's always a lot more fun when everyone is at the table.

Jan 05, 2017 12:11 PM #44
Rainmaker
2,041,340
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Debbie, Excellent post and congrats on the feature. I agree sellers and buyers do not have to attend a closing but completing the papertwork properly has to be done. 

Jan 05, 2017 02:01 PM #45
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I have a closing tomorrow, and the buyer won't be here for it, but that's ok. Today's technology allows us to do closings without any of the parties being in the town. 

Jan 05, 2017 02:16 PM #46
Rainmaker
2,587,374
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

In my area the buyers and sellers sign off seperately.  I cannot think of a time or a reason they would ever be in the same room at the same time for a closing. 

Jan 05, 2017 02:30 PM #47
Rainmaker
884,242
Ginger Harper
Coldwell Banker Sea Coast Advantage - Southport, NC
Your Southport~Oak Island Agent~Brunswick County!

Normally we have the buyer and seller not meeting at the closing table.  It can put you in an awkward sitution.

Jan 06, 2017 05:48 AM #48
Rainer
36,074
Gladys Webb
Avast Realty - Tuscaloosa, AL

Great post. I've noticed that times are changing and you don't have a fulll house anymore.

Jan 06, 2017 06:14 AM #49
Rainmaker
160,301
Foster Smith Summerville
Carolina One Real Estate - Summerville, SC
Summerville & Charleston Homes for Sale SC Realtor

Definitely true. Everyone does not need to be present.

Jan 06, 2017 10:57 AM #50
Rainmaker
368,925
Matt Brady
Skyline Home Loans - Del Mar, CA
Lending With Competence And Character

I close a large number of new construction deals and the seller (Builder) never attends. Mobile notaries save the day when the buyers are not local or in the same place.

Jan 06, 2017 01:00 PM #51
Rainmaker
2,937,715
Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Debbie Reynolds "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."

Right on target - and - re-blog!

Jan 08, 2017 04:00 AM #52
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