Friday, January 6, 2012

Title Source’s Smart Option Signing Breaks New Ground

Title Source completes online Smart Option closings in Singapore and Alaska – 100 miles north of the Arctic Circle

Title Source performed two ground-breaking online   Smart Option Signing closings in December 2011. On December 23rd, Title Source completed its first international Smart Option Signing with a couple located in Singapore. The couple, Edwin and Wendy, logged into a secure Smart Option Signing portal and were instantaneously connected with Title Source closing agent, Greg Johnson. The couple quickly completed a seamless online closing – via live video feed – successfully refinancing their Florida property.

 "I was really pleased with how smoothly the closing went.  It went off like the clients were right next door.  The only challenge we really had was dealing with the 13 hour time difference.  We ended up with the closing taking place at 10:00am our time, which was 11:00pm their time.  Wendy did say it was way past their bedtime.  They were usually in bed by that time", said Johnson. 

On December 9, 2011, Title Source performed another unique Smart Option Signing with a Montana couple. The husband and wife were located in two different geographic areas. Cheryl was located in Big Fork, Montana. Her spouse, Mike, was working in a zinc mine in Red Dog, Alaska. The Alaskan city is 100 miles north of the Arctic Circle and 1,000 miles away from any major city. Title Source worked with Mike to establish a high-speed internet connection. Once set up, Cheryl and Mike logged on and successfully closed on a Montana property with the assistance of Title Source Smart Option Signing agents.

Title Source, one of the largest providers of title insurance, appraisal and settlement services, has taken convenience and simplicity to a new level. Smart Option Signing gives our clients the power to close anywhere at any time. Smart Option Signing combines the latest technology with a proven settlement services experience to provide a fast, convenient and secure closing experience with only one document to sign.

2 comments:

  1. How did you manage the notarized documents?

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  2. @JJackson- Thanks for asking! We manage the notarization through POA. Check out all of the details about how Smart Option Signing works here: http://www.titlesource.com/downloads/SMARTOptionSigningBrochure-2011.pdf

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