When time is of the essence in a business transaction, it is imperative to have the services of a reliable notary within your grasps. Finding a notary public when you need documents done right away can propose quite a dilemma if you do not have one that you already refer to.
What is a Notary? By definition, a notary is an officer who can administer oaths and statutory declarations, verify and prove signatures, and witness and authenticate documents. They are probably the only impartial entity within the mortgage lending process.
Completing and closing a real estate transaction today will most likely involve the use of eNotarization. How does it work? Typically, a notary initially meets with a borrower at the borrower’s convenience in order to review the documents for the loan. These documents can either be viewed on the website of the lending company or on the laptop of the Notary. Upon the completion of the review, the borrower electronically signs the documents in the presence of the notary. The notary then electronically notarizes the documents and they are transmitted to the lending company immediately. Electronic notarization is a safe and secure procedure that is fast and effective.
Electronic notarization also offers the benefit of less risk involved in the transaction. Because of its growing popularity among investors, the demand for digitally based transactions is increasing. For this reason, both in the government and in the private sector, more action has been taken in regards to new laws, requirements, and programs to protect them against fraudulent or unethical practices and predatory lenders. Trusted Enrollment Agent (TEA) program is being established in some states in order to protect important and sensitive information and also to identify and verify the authenticity of digital credentials. This program is being developed jointly with government contractors, medical professionals, and the NNA.
Another element of protection is the Electronic Notary Signature (ENS) that the NNA utilizes. The ENS makes electronically notarized documents tamper evident.
To have a document notarized correctly and returned the very next day (at the latest) go to https://notaries247.com. Welcome the digital age with eNotarization of your escrow documents! It’s easy — eClose today with ease using Notaries247 at https://notaries247.com.
