eClosings have been touted as the future of real estate closings, but are they the right fit for your business?
CATIC is here to provide you with the resources to make the best decision for your company. Here are some things to consider:
Faster and more efficient closing processes
Improve document security and custody
Decrease operational errors and reduce post-closing issues (missed signatures, documents, etc.)
Increase collaboration among parties
Save on paper and postage
Need to update software and processes, requiring additional training and investment
Modify business processes to ensure that clients receive the same dedicated service in an electronic setting
Ready to take the initial steps to eClosing success?
If you want to begin implementing electronic closing processes into your workflow, consider making some of the following changes:
There are plenty of resources available to help!
Reach out to your industry partners to discuss how you can collaborate and make eClosings a reality. For more information, please explore the resources below:
American Land Title Association (ALTA)
Mortgage Bankers Association (MBA)
National Association of Secretaries of State (NASS)
National Notary Association (NNA)
Mortgage Industry Standards Maintenance Organization (MISMO)
Property Records Industry Association (PRIA)