Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago,

User Stats

6
Posts
0
Votes
Leonid Lednev
0
Votes |
6
Posts

Closing remotely, from abroad

Leonid Lednev
Posted

Does anyone have recent experience closing remotely.  I'm a US citizen but currently living in Thailand, working on my first property, have agreed on price with the seller and was excited to move on to next steps.  When I spoke to the mortgage broker he told me that the way it works is that all the closing docs are issued electronically on closing date, then the lender and the title company expect them back, signed and notarized within the same business day.  My plan was to sign and get the docs notarized at the US Embassy here but the issue is I'm in a time zone 12 hours ahead so it won't be possible to do that the same day I receive them.  Does anyone have experience with this and any suggestions?  2 options I have read about so far are

1.  Assign a power of attorney to sign/notarize on closing day

2.  I have ready that it may be possible to get the docs and pre-sign them in advance but my mortgage broker says it's not possible, though I don't think he has ever done a remote closing before and may not know.

We did check already and it's fine that I can't be at closing physically, its just this signature/notary same day issue.  This is in NJ btw.

Any suggestions much appreciated!

Loading replies...