Having two settlements in one day may be commonplace for the big city realty firms, but it is always exciting at Kezar Realty! Especially at the tail-end of February, when the cold and the snow are still with us and it doesn't feel like home-buying season just yet.
As we know, modern technology is advancing rapidly where smart phones and tablets are used to communicate. However, in the real estate and the mortgage world, paper is still king! Although contracts with electronic signatures are prevalent, original signatures are still required for all legal papers, particularly those that need to be recorded at the registry.
Today's first settlement had a pleasant mixture of the old process and a touch of the new technology. The buyers for this Lovell property were scheduled to be out of the country so a Power of Attorney was provided ahead of time to sign on the behalf of the buyers. Thanks to the magic of Skype, the buyers were able to watch the settlement, answer questions and participate all the way from Thailand! Betsy Meredith, the settlement agent for Market Street Settlement Group, was able to explain various forms to the buyers and answer questions as we went along.
Thanks to the listing agent, Linda Nista of Paris Cape Realty and to Market Street Settlement for agreeing to have the settlement in Lovell!
And thanks to Jeanne Bonner of Kezar Realty, the listing agent for today's second settlement. This property was located in Stoneham and the selling agent was Susan Moore of Better Homes & Gardens Real Estate in Gorham.
It is always rewarding to see happy buyers and sellers and to be a part of the team that makes it happen! Today was one of those days. :)