eClosing in Ohio
Ohio passed the legislation to allow Remote Online Notarization (RON) in 2018. The law came into effect in September, 2019, paving the way for online mortgage closing and title transfers in real estate deals. Ohio leads many other states in terms of the implementation of the eClosing system. It was the sixth states to approve the legislation and industry experts and leading organizations predict that the implementation of RON is set to make eMortgages the most-commonly used method of obtaining funding for buying or selling homes in Ohio, or any other state in the nation for that matter. A growing number of lenders are transitioning to eMortgages as it offers an array of benefits including improved customer experience due to shorter waiting time for funds, faster turn times on the secondary market and efficiency.
eClosing.com is the leading online closing platform in Ohio, trusted by many leading mortgage lenders, real estate professionals including agents and home buyers and sellers in Ohio. We help people close on real estate deals in less than 15 minutes. Our end-to-end eClosing solutions are very advantageous to our partners as they make mortgage closing and title transfer formalities seamless and hassle-free.
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eClosing at a Glance in Ohio
Ohio allows online notarization for real estate purchases by individuals from anywhere in the United States and (and outside the United States in specific circumstances). It means that for buying or selling any type of property – commercial as well as residential, the people don’t have to be physically present for ‘wet-signing’ documents. The notarization can occur electronically or over the internet via video or audio conferencing (with a laptop or PC).
Electronic Notary (e-Notarization):
Remote Online Notary (RON):
Many traditional notaries are obtaining an electronic seal and electronic signature for providing a hybrid (eNotary) solution to people purchasing and selling properties in Ohio. In an electronic notary, documents are signed electronically in the notary’s physical presence. On the other hand, remote online notary takes place when the individuals are not physically present for signing the documents. The notarial act is performed using audio and video technologies such as a webcam.
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Buying or Selling a Home in Ohio with eClosing
A rich food scene, friendly people, relatively low cost of housing, booming economy, breathtaking landscape and greenery are some of the best features of Ohio that attract a lot of people.
Whether you plan to put down roots in Ohio or invest in a vacation property here, you should know that you don’t have to waste time and money travelling just to sign a bunch of closing documents. As already explained above, Ohio supports RON – making it possible for you to close on your dream home and have the title transferred in your name securely via video/audio conferencing.
Here at eClosing.com, we partner with lenders and real estate agents as well as work with individuals looking to buy or sell a home in Ohio and provide them online closing service.
Anywhere, anytime eClosing in Ohio
Regardless of which city, town or county you are buying or selling a property in Ohio, we – here at eClosing.com – have got you covered. Here are some of the places where we provide our services:
Don’t see the place listed above? Don’t worry! Just get in touch with us for an online closing for anywhere in Ohio.
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!