eClosing in Michigan
Michigan implemented electronic notarization as well as Remote Online Notarization also referred to as RON by amending the state’s Notary Act in 2018. The RON has introduced a massive shift in how notarial acts can be performed in the state. The lenders can now provide their borrowers full remote online mortgage closing. In other words, one can buy and sell real estate in Michigan from any part of the United States as he or she doesn’t have to be physically present for notarization and other closing and title transfer formalities. Most counties in Michigan are now able to record documents electronically. It means a combination of RON, MERS eRegistry and eRecording makes it possible for all parties to complete the property transaction process online.
A growing number of home buyers, sellers, real estate agents, and mortgage lenders are leveraging the benefits and convenience that eClosings bring to the process of property title transfers in Michigan. While hybrid and in-person electronic closings have been around for a while, the first fully remote online mortgage closing took place in Michigan in 2019. As digital closing has proved to be a great tool – bringing ease and convenience to all the parties involved in a property transaction, industry leaders including Fannie Mae believe that eClosings are going to revolutionize the real estate industry in the near future.
eClosing.com is Michigan’s top eClosing platform which provide remote online closing service to agents, property buyers and sellers and help lenders transition from paper closings to digital closings. We have helped lenders reduce turn times on the secondary markets (from 2-3 weeks to a day or two) and real estate professionals, home buyers and sellers to close on a home from anywhere, anytime in less than 15 minutes.
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eClosing at a Glance in Michigan
Michigan is among the states that allows both electronic notary as well as Remote Online Notary (RON). All the parties involved in the transaction can sign the documents electronically and have them notarized online via video/audio conferencing without having to be in the physical presence of the notary.
Electronic Notary (e-Notarization):
Remote Online Notary (RON):
RON is the most powerful tool in the eClosing process. By generating eNotes and registering it on MERS eRegistry, lenders can implement either hybrid or fully remote online mortgage closing process. The title can also be transferred and recorded online.
Ready to digitally close, reach out to one of our representatives today!
Make buying or selling a home in Michigan a breeze with online closing
Michigan is one of the favorite destinations for people looking to live close to the nature. In fact, more than half of Michigan is covered by forests, drawing hunters and nature enthusiasts in large numbers. If you are a fan of craft beer or love greenery and natural beauty, you would definitely love to move to Michigan or simply buy a vacation property in Michigan.
The good news is that you don’t have to be physically present for closing on a home in Michigan. eClosing.com can help you with an online title transfer securely from anywhere in the world. We are fully-approved and the most trusted platform in eClosing space in Michigan and have a leading presence in all the states.
If you are a homebuyer who is halfway across the country or someone on a vacation or business trip, you can still be able to close on your dream home in Michigan.
A growing number of lenders are also leveraging our online closing solutions. If you are interested in transitioning from paper closing to eClosing, get in touch with us today!
Online closing in all Michigan cities and counties
eClosing.com offers eClosing services in all Michigan counties, cities and towns. Here are just a few of these places:
St. Clair Shores
Shelby Charter Township
West Bloomfield Township
If you need eClosing services for real estate transactions anywhere in Michigan, get in touch with eClosing.com.
The Future of Closing Is Digital
Gain a competitive edge in the real estate market and deliver a seamless online experience for customers with our fast and secure online closing services today.
Book a no-cost, no-pressure discovery call with our eClosing specialists now to learn more!