{"id":1319322,"date":"2020-04-06T22:36:00","date_gmt":"2020-04-07T04:36:00","guid":{"rendered":"https:\/\/www.postindependent.com\/technology-aids-closing-real-estate-deals-though-in-person-deals-are-still-preferred\/"},"modified":"2020-04-06T22:36:00","modified_gmt":"2020-04-07T04:36:00","slug":"technology-aids-closing-real-estate-deals-though-in-person-deals-are-still-preferred","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/kske\/local-news\/technology-aids-closing-real-estate-deals-though-in-person-deals-are-still-preferred\/","title":{"rendered":"Technology aids closing real estate deals, though in person deals are still preferred"},"content":{"rendered":"
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Real estate companies, mortgage companies and title companies are working on ways to close deals that don’t require people to gather in conference rooms.<\/strong>
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Part of the effect on business from the COVID-19 virus is the way real estate deals are completed, with more virtual business completed in a business that traditionally has relied on in-person transactions.<\/p>\n

Social distancing rules make it impossible to put a handful of people in a small conference room to close a real estate sale. Land Title Guarantee Co. has recently begun a handful of new ways to do business.<\/p>\n

The company in the last week or so has rolled out what it calls \u201ccurbside closing.\u201d The company\u2019s closing team emails purchase documents to a buyer for review. By appointment, that customer comes to a Land Title office to physically sign another copy of the documents. Questions can be answered either via video conferencing or by phone. The buyer signs the documents in his or her car, then hands them to an employee who then has the documents notarized. That takes care of documents that still need a \u201cwet signature\u201d \u2014 putting pen to paper.<\/p>\n

Katie Kuchler, who manages Land Title\u2019s offices in the Vail Valley, said there\u2019s a system called a \u201cRemote Online Notary\u201d for out-of-state sellers. With that system, sellers can have documents notarized virtually.<\/p>\n

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