Closing Options Assessment.
SUCCESS! - eClosing Eligible via eNotary.
Based on the info you provided, your side of the transaction is eligible for an eClosing.
Enjoy an Effortless eClosing with Paragon Title.
We’ve partnered with Notarize.com to deliver the ultimate eClosing experience.
eClosing Requirements.
Paragon is proud to offer eClosings for Sellers, and Cash Buyers. Due to title insurance guidelines and limitations of the leading eNotary providers, there are currently several requirements that need to be satisfied for an eClosing to occur.
You indicated that you are (1)either a U.S. Citizen or Green Card Holder, and (2) are either a Seller or Cash Buyer who is not applying for a First Time Homebuyer Benefit in DC or MD.
If that information is not accurate, please retake the Closing Option Assessment.
Qualifying Property.
eClosing options are available for properties located in DC, MD, or VA.
Qualifying Party.
Sellers: eClosings are available for Sellers who are U.S. Citizens or Green Card Holders.
Buyers: eClosings with eNotarization are available for all Buyers purchasing a property without a mortgage who are U.S. Citizens or Green Card Holders.
Buyers seeking to receive DC or MD First Time Homebuyer Benefits must sign a document that requires notarization. Therefore, those Cash Buyers must complete closing on the Notarize eClosing platform. The platform currently requires its users to be a U.S. Citizen or Green Card holder to access the eClosing. Contact our office to learn more.
Cash Buyers who are not applying for DC or MD First Time Homebuyer Benefits will be encouraged to eSign using the more streamlined Docusign eClosing Experience.
Qualifying Transaction.
eClosings are available for Seller-side docs and Cash Buyers.
Obtaining a Loan? Generally, when a mortgage is involved, lenders do not currently allow for eClosings. We are hopeful that changes in the near future. As this is a developing situation, Borrowers should check with their lender.
Qualifying Tech.
eClosings require the ability to stream audio and video over the internet.
Accordingly, signers will need a good internet connection on an iPhone, iPad, Android Device, or a computer with a webcam and audio.
Want to See More?
Check out this sample video to see the eNotary process in action.