Does the buyer need to be present at closing or can it be remote with a notary ?

Asked by Ladydi, 48650 Fri Dec 3, 2010

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7
Phil Rotondo, Agent, Melbourne, FL
Sat Dec 4, 2010
Hi Ladydi;
It's called a mail-away.
Neither the buyer or the seller have to be present at the closing table.
Web Reference:  http://www.321property.com
1 vote
Pam Bava, Agent, Rochester, MI
Fri Dec 3, 2010
Hi Ladydi

Yes you can. I am licensed in both Michigan and Florida and have done closings in both states with a notary. I have also had a title company send a closer to where the buyer is staying. Just be sure you or your agent take a look at the closing papers prior to closing to be sure everything is accurate.

Pam Bava, Realtor
realteellc@hotmail.com
1 vote
Ray Spitler, Agent, Plymouth, MI
Fri Dec 3, 2010
It certainly can be remote with Notary, provided all parties agree to it. If you are in a State that uses Title Companies to close, they can often locate an affiliate in your local area to do a "witness closing" as well. You will need to overnight the "original" documents to the closing location after signing. It is very common..
1 vote
Courtney Coo…, Agent, Seattle, WA
Fri Dec 3, 2010
I think it might depend on which state you are in. I have had at least three transactions that have been closed by buyers out of state at the time. Buyers in Washington are rarely present on closing day anyway as they usually sign in advance and the process of closing happens after the fact.
Web Reference:  http://www.cooperjacobs.com
0 votes
Chip Andis, Agent, Waterford, MI
Fri Dec 3, 2010
As a Michigan licensed real estate professional I often have closings where the seller is never present. This is particularly common in bank owned properties. The banks being located out of state are not at closing. But it may mean that you close “in escrow” so that there is a day or two delay in the faxing of documents to the seller. It is a common situation that your Buyers Agent can explain.

For your real estate questions, contact:

Chip Andis
Cell (248) 931-0084

Chip@Realfi.com

REALFi
REAL ESTATE AND FINANCE IN ONE
34 S. Telegraph Rd
Waterford, MI 48328
Office (248) 886-0000
0 votes
Derek Bauer, Agent, South Lyon, MI
Fri Dec 3, 2010
As long as the title company/companies and lender are prepared for it ahead of time, that shouldn't be a problem.
Web Reference:  http://DoorToDreams.com
0 votes
Melia and Ol…, Agent, Rancho Santa Fe, CA
Fri Dec 3, 2010
In California you can close remotely...I help buyers do it all the time. Where are you located?
Web Reference:  http://www.oliverindra.com
0 votes
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