What is remote closing?

Remote closing refers to the process of completing a real estate transaction without all parties physically being present at the closing table. This can be done through the use of electronic signatures, remote online notarization, and virtual meetings.

Remote closing has become increasingly popular, especially in light of the COVID-19 pandemic, as it eliminates the need for face-to-face interactions and reduces the risk of spreading the virus. It also offers convenience and flexibility to both buyers and sellers, as they can sign documents from the comfort of their own homes.

However, remote closing may not be feasible in all situations, particularly if there are unique or complex aspects of the transaction that require in-person meetings or signatures. It is important to consult with a real estate agent or attorney to determine if remote closing is the right option for your specific situation.