Flexible Closings covers all the options we offer to make sure we are protecting our customer and employee health. Depending on your transaction, our team would be happy to conduct a drive-up closing, start a closing by mail, use electronic signatures for most of your documents, utilize Remote Online Notarization (RON) and/or hold a virtual meeting with all interested parties to explain each closing document. Contact us today to go over your specific options for an upcoming closing.
Realtors
Foundation Title is here to make sure all questions are answered so your buyers/sellers are still comfortable and excited about closing. We have e-signature capability and are always available for a secure video call to go over all the closing documents with you and your clients. Here’s an example of how a Flexible Closings can work.
- We send the buyer/seller all documents that cannot be e-signed and/or require notary approval via overnight mail or email.
- We go through all the transaction’s closing documents via a secured video conference. Realtors and loan officers are invited too. We can use FTE Connect, Zoom or our RON-technology providers Notarize or Pavaso for a secure video feed.
- We can utilize secure video conferencing for a notary public to identify the necessary signers so valid signatures can be affixed to the documents that require them.
- All signed documents are returned to the Foundation Title office that handled your closing. We then complete the file disbursement and start the e-recording process. Copies of documents can be emailed to buyers and sellers.
FAQ
Why has the in-person requirement for notarizations been suspended?
In response to the COVID-19 pandemic, many states including Tennessee, have temporarily suspended the in-person requirement for notaries.
How does a Flexible Closings from Foundation Title differ from RON?
RON is one of Foundation Title’s Flexible Closings choices, but not all real estate transactions qualify for Remote Online Notarization. However, with multiple Flexible Closings options, we work with our customers to provide a safe, secure closing environment for any transaction they have.
Is the Flexible Closings program temporary?
No! While it is still unclear how real estate closings will change post-pandemic, Foundation Title anticipates that many of our customers will love the benefits of Flexible Closings , and we plan to keep as many measures that help our customers to a better closing as is feasible.
Lenders
Foundation Title understands that security remains paramount. No matter what measures you require, our team is here to work with you to make sure our customers’ transactions can be completed. We have e-signature capability and are always available for a secure video call to go over all the closing documents with you and your clients. Here’s an example of how a Flexible Closings can work:
- We send the buyer/seller all documents that cannot be e-signed and/or require notary approval via overnight mail or email.
- We go through all the transaction’s closing documents via a secured video conference. Loan officer and Realtors are invited too. We can use FTE Connect, Zoom or our RON-technology providers Notarize or Pavaso for a secure video feed.
- We can utilize secure video conferencing for a notary public to identify the necessary signers so valid signatures can be affixed to the documents that require them.
- All signed documents are returned to the Foundation Title office that handled your closing. We then complete the file disbursement and start the e-recording process. Copies of documents can be emailed to buyers and sellers.
FAQ
Why has the in-person requirement for notarizations been suspended?
In response to the COVID-19 pandemic, many states including Tennessee, have temporarily suspended the in-person requirement for notaries.
How does a Flexible Closings from Foundation Title differ from RON?
RON is one of Foundation Title’s Flexible Closings choices, but not all real estate transactions qualify for Remote Online Notarization. However, with multiple Flexible Closings options, we work with our customers to provide a safe, secure closing environment for any transaction they have.
Is the Flexible Closings program temporary?
No! While it is still unclear how real estate closings will change post-pandemic, Foundation Title anticipates that many of our customers will love the benefits of Flexible Closings, and we plan to keep as many measures that help our customers to a better closing as is feasible.
Homeowners
No matter what, Foundation Title is committed to closing your transaction safely and efficiently. These new options take advantage of technology – including e-signature capability – so we can continue to deliver the best customer experience for you. We are always available for a phone call, email conversation or a secure video meeting to go over all the closing documents with you. Here’s an example of how a Flexible Closings can work.
- We send the buyer/seller all documents that cannot be e-signed and/or require notary approval via overnight mail or email.
- We go through all the transaction’s closing documents via a secured video conference. Your Realtor and loan officer are invited too. We can use FTE Connect, Zoom or our RON-technology providers Notarize or Pavaso for a secure video feed.
- We can utilize secure video conferencing for a notary public to identify the necessary signers so valid signatures can be affixed to the documents that require them.
- All signed documents are returned to the Foundation Title office that handled your closing. We then complete the file disbursement and start the e-recording process. Copies of documents can be emailed to buyers and sellers.
FAQ
Why has the in-person requirement for notarizations been suspended?
In response to the COVID-19 pandemic, many states including Tennessee, have temporarily suspended the in-person requirement for notaries.
How does a Flexible Closings from Foundation Title differ from RON?
RON is one of Foundation Title’s Flexible Closings choices, but not all real estate transactions qualify for Remote Online Notarization. However, with multiple Flexible Closings options, we work with our customers to provide a safe, secure closing environment.
Is the Flexible Closings program temporary?
No! While it is still unclear how real estate closings will change post-pandemic, Foundation Title anticipates that many of our customers will love the benefits of Flexible Closings , and we plan to keep as many measures that help our customers to a better closing as is feasible.
Contact
Reach out to your local Foundation Title closing team if you’d like to discuss how Flexible Closings can work for you or email mainoffice@foundationtande.com and one of our experts would be glad to talk to you about Flexible Closings.