A recent survey of 1,000 consumers who purchased or refinanced a home in the last two years revealed that 70% would prefer a process that uses more digital options. As the industry shifts toward this more efficient, streamlined method, digital closings will only become easier and more accessible for everyone involved.
Moving into your new home is an exciting experience, but not every step in the process may be enjoyable for you. If you’re a busy individual, visiting the office of a title company or closing attorney, can be a significant inconvenience. This is why digital closings, often referred to as closings, are becoming increasingly popular for people like you. Closers Title, LLC offers a convenient solution, allowing you to complete your home closing process digitally, from the comfort of your own home or office.
The shift to digital closings is driven not only by evolving regulations but also by increasing demand from lenders and buyers. While two-thirds of title companies haven’t yet received requests for digital closings, a growing number are seeing demand—22% from lenders, 16% from buyers, and 10% from real estate agents. This interest is expected to grow as more buyers experience the ease of digital closings, particularly younger buyers who are accustomed to electronic transactions.