Over twenty million transactions involving the transfer of more than 150 million documents. A change to any one document can force the entire process to begin again. Not surprisingly, the process of closing sales has remained time consuming and expensive. Worse, the mixed trail of faxes and hard copy deliveries leaves most participants guessing on the status of each closing. Conflicting reports, expensive communications, and seemingly endless phone-tag all contribute to closing delays.
Time is money.
Most see this process as endemic to the real estate loan process. It is a very costly. To electronically exchange documents that have been typically sent by courier services and faxes should be the goal of every title professional. Meeting this goal will automatically eliminate the redundancy and compress the time of tasks within the closing process. Thus allowing for the ordering and deliver of essential real estate information services in the real estate transaction process.