Keeping Home Buyers in the Loop
One of the hidden frustrations of real estate transactions is keeping tabs on how things are progressing. Buyers should be kept more in the loop so they can know at any step of the way where they stand. What’s the status of my mortgage approval? Have the attorneys agreed on the purchase and sale language? Are there any roadblock that could delay my closing?
But often enough it can be like pulling teeth to get this information. Mortgage brokers are busy, and many attorneys are slow to respond to agent queries. This leaves buyers frustrated and in the dark.
Fortunately, forward-thinking real estate attorneys Richard Vetstein and Marc Canner of TitleHub Closing Services recognized this problem and developed an e-closing system to track the progress of the home purchase, from offer acceptance through closing. The home buyer, buyer’s agent, mortgage broker, and attorney can access all transaction documents anytime. No more waiting for callbacks from the closing attorney. Everyone stays in the loop, avoiding confusion and unnecessary delays. Check out TitleHub’s E-closing system.
