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Online Closings are here!

Online Closings are here!

Online Closings are here!

Online Closings benefits Online Closings are here! Learn about digital closings and how to get your practice ready. Real estate closings will change over the next 2-3 years and move in the direction of less paper and more technology. Lenders are recognizing the efficiency and cost savings associated with processing loans digitally. Consumers are getting much more comfortable conducting business digitally. Our state has joined the movement by authorizing Remote Online Notarization (RON) effective Jan. 1, 2020. Creating a better closing experience while reducing risks for all parties. But this transformation must be carefully managed to avoid a negative impact on land ownership records and the mortgage finance engine driving our nation’s economy and personal wealth. Title companies are developing innovative and secure ways to improve the closing experience for our customers.

 

What is RON?

It is an acronym for remote online notarization. RON is the means used to electronically notarize a document using a third-party (i.e. vendor) software platform which records the visual and audio communications of participants to the signing of a document even when the participants are not physically located in the same place. The practice was authorized in Florida on Jan. 1, 2020.

 

How does RON differ from “electronic notarization”?

Electronic notarization, first authorized in Florida in 2007, allows for the notarization of electronic documents by a notary public using an electronic signature and applying an electronic seal. Unlike RON, the principal must be in the same location as the notary public, the computer or other electronic device need not be connected to the internet, and there is no requirement that the notarization procedure be recorded. Also, unlike RON, the notary need not maintain an activity journal and identity is confirmed by the notary through personal knowledge or presentation of a valid form of identification. Electronic notarization is governed by Sec. 117.021, F.

May the signatures of foreign nationals be notarized remotely or is it only available to U.S. citizens?

Although the RON law allows for the notarization of foreign nationals,  All signers must present a form of identification subject to verification. 

Do I need to obtain lender approval if the borrower wishes to sign the loan documents remotely via RON?

Check the written loan closing instructions and contact the lender for approval to close digitally and utilize RON.
 

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

272 Calabay Parc Just Closed

272 Calabay Parc Just Closed

272 CALABAY PARC BOULEVARD, DAVENPORT, FL

Just Sold

$ Click for current price
5 BEDROOMS | 4 full baths BATHROOMS | 2835 SqFt

272 Calabay Parc Just Closed- You can find this spacious 5 bedroom 4 bathroom pool home in the quiet community of Calabay Parc located just off of Highway 27. Current owners have used it primarily as a second home so it is being sold fully furnished and would make a great family home, vacation home or snowbird retreat. The grand entrance to the home leads into the separate dining and living area, both with lots of natural light. The fully equipped kitchen offers a breakfast bar, separate breakfast nook and a closet pantry for extra storage. The master bedroom has a large en-suite with dual sinks, tub and separate shower and also has direct access to the pool deck. A second bedroom and house bathroom complete the downstairs accommodation. Upstairs you will find a second master bedroom with an en-suite along with two additional bedrooms and a house bathroom – the loft area is currently used as a games room but could easily be turned into a second living area or home office. The family room provides direct access via sliding glass doors to the covered pool deck – large enough for outdoor dining and the private inground pool area benefits from no immediate rear neighbors. Great location Within a short distance to Hwy 192, Champions Gate, Posner Park and I-4 leading to Central Florida’s most famous attractions, shopping Outlets.272 Calabay Parc Just Closed

 

1307 Casterton Dr-Just Sold!

1307 Casterton Dr-Just Sold!

1307 CASTERTON CIRCLE, DAVENPORT, FL

Just Sold

$ Click for current price
4 BEDROOMS | 3 full baths BATHROOMS | 1905 SqFt

 

1307 Casterton Dr-Just Sold! Looking for your forever home, investment property or home away from home? Look no further this home is what you’ve been looking for. Pride of ownership shows through as you enter the home into small tiled entrance hall which opens up into a formal living and dining room area. Through the archway in the dining room is the spacious kitchen with stainless appliances and granite counter tops offering a modern yet practical kitchen with breakfast bar. Adjoining the kitchen is the breakfast room and family room which overlooks the pool area through sliding glass doors. The master bedroom is off the family room and also overlooks the pool area. On the opposite side of the family room is a corridor leading to two guest bedrooms with twins beds. The family bathroom sits between these two guest rooms providing easy access both day and night. This home has a second master bedroom with smaller ensuite bathroom situated at the end of the corridor. This home benefits from a new roof in 2018, new pool heater in 2020, newly installed carpets and granite counter tops. Garage used as a games room but can convert back to garage. Located in the popular gated community of Westridge. This community offers clubhouse and amenities for the owner and their guests as well as being a short ride to Disney, grocery stores, restaurants, I4, Hwy 192 etc. Don’t delay! Sold fully furnished, call today or you will miss the chance of owning this beautiful home.1307 Casterton Dr-Just Sold!

 

 

115 ROGUES RETREAT #22303 – JUST SOLD!

115 ROGUES RETREAT #22303 – JUST SOLD!

115 Rogues Retreat #22303, Davenport, FL

Just Sold

$ Click for current price
3 BEDROOMS | 1227 SqFt

115 Rogues Retreat #22303 – Sold! Always dreamed of owning your own piece of heaven but thought it was just a dream.  You will be pleasantly surprised that this beautiful fully furnished condo could be a reality.  Caribbean styling just minutes from Disney in one of the area’s most desirable condo resort. This well designed 3 bed, 2 bath condo is a must see!  Located on the top floor, you can enjoy the peace and tranquility of the picturesque views behind you from your own screened in balcony.   The strategically planted trees offer lots of privacy for the home owner and their guests.  Ideally situated across from Tradewinds Restaurant, lake front community pool and recreational area.  What a great location! From the guard gated entrance to the impressive clubhouse, this community has something for everyone. An onsite restaurant, walking trails, tennis courts, four community pools, Tikki bars, fitness center, and even a beach with views onto Lake Davenport. On-site management takes care of the property, making it a real turnkey operation115 ROGUES RETREAT #22303 – JUST SOLD!. This home is truly Florida living at its best!

 

111 BALMORAL CT JUST SOLD

111 BALMORAL CT JUST SOLD

111 Balmoral Ct, Davenport, FL

Just Sold

$ Click for current price
5 BEDROOMS | 2501 SqFt

 

2111 BALMORAL CT JUST SOLD Ashley Manor located on Ronald Reagan Pkwy with access to ChampionsGate, great schools and medical facilities. 5 bed 4.5 bath spacious Accommodation offers over 2500 sq. ft of living area comprising an open floorplan downstairs with a large living area; dining & kitchen; master bedroom and bath with garden tub, separate shower, dual sinks & his ‘n’ her closets; plus indoor laundry and additional half bath. The second floor offers a second master bedroom plus 3 more spacious bedrooms and 2 further bathrooms. There is also the benefit of an open loft area – ideal for a play room, open office, media area…..whatever best suits your needs. Outside there is a covered lanai overlooking the pool and spa which enjoys a view of an open green area with pond beyond. The home would make a beautiful family home, investment or vacation property. 2111 BALMORAL CT JUST SOLD!!!