Menu
Search

Curbside Closings

Curbside Closings

23 March 2020
Posted On
The Jana Caudill Team
Posted By

Indiana Gov. Eric Holcomb signed an executive order directing all Hoosiers to stay home until at least April 7. Under this order, Chicago Title is considered a financial institution and an essential business. Our operations will remain open to schedule and close transactions; however, given the order, we will adopt an appointment-only policy for all other essential business.

In light of the current situation, please refer to our suggested closing procedures below:

Curbside Closings

We are pleased to announce the addition of Curbside Closings to help facilitate your upcoming real estate transactions. If your clients wish to stay in their vehicle to complete their transaction, they can pull up to our office, and we will come out to them! When scheduling, feel free to request this service and our staff will provide you with process and location details.

Cash Transactions

Cash transactions may be closed electronically via e-mail and/or DocuSign. The staff at Chicago Title are proficiently trained in closing transactions using these methods.

Recommendations to assist in this process:

  • Please send all necessary documents, including any documents that were pre-signed, to your CT office in advance of closing, via email.
  • CT will coordinate the signing of any additional necessary documents via Docusign. CT will send a link to signers for a one-time sign-up. If a POA is being used, the link will be sent to the person with the authority to sign.
  • A UPS label will be provided to any party that needs to send CT documents or checks, including the original deed.
  • Proceeds and other disbursements will be sent by CT overnight via UPS.

Lender (Seller)

Lender funded sale side transaction. The below process eliminates the need for the Seller and Seller’s Representation to attend the closing in person.

  • Please send all necessary documents, including any documents that were pre-signed, to your CT office, in advance of closing, via email.
  • Closing Statements will be emailed to all parties for review prior to closing.
  • CT will coordinate the signing of any additional necessary documents via Docusign. CT will send a link to signers for a one-time sign-up. This includes any documents that the lender requires other parties (i.e. Realtors) to sign. If a POA is being used, the link will be sent to the person with the authority to sign.
  • A UPS label will be provided to any party that needs to send CT documents or checks, including the original deed.
  • On the day of closing, the final master statement and Seller CD will be sent out for final approval and signature.
  • Proceeds and other disbursements will be sent by CT overnight via UPS.

Lender (Buyer)

Lender funded buy-side transaction.

  • Closing Statements will be emailed to all parties for review prior to closing.
  • Seller and title documents can be reviewed and signed electronically before closing using Docusign, as described above
  • Only Buyers required to sign Lender documents should attend the closing.
  • After document signing, parties will be notified once the transaction has funded.
  • Once the file has funded, proceeds and other disbursements will be sent overnight via UPS along with a signed closing statement or available for pickup.
  • We are happy to request lender approval of POA’s if requested. Facilitate the closing through POA if approved by Lender prior to closing.

Your Home Search Starts Here…

Call Now Button