43 States Allow Remote Home Closings

What is happening? 43 states allow property sales to occur remotely. Mortgage lenders are pushing the other states to come on board.

Why is this important? The states that have not provided for remote property closings are California, Connecticut, Georgia, Mississippi, South Carolina, Delaware, Massachusetts and Washington D.C.

How will this be important? Mortgage lenders blame a lack of legal innovation. Federally the  Secure Notarization Act, which would allow notaries nationwide to perform remote online notarization has passed the House and is awaiting action in the Senate.

Wall Street Journal | Virtual Real-Estate Closings Go Mainstream, but Some States Hold Out