ALBUQUERQUE, NM - Stewart Title of Albuquerque, part of the Stewart family of companies, announced today the first eNotary-outfitted title operation in New Mexico. Tons of paper and lengthy transaction closing times have long been synonymous with the real estate transactions. Fortunately, that's a thing of the past, particularly in New Mexico, where all Stewart Title of Albuquerque offices are now capable of electronically notarizing documents and expediting the transaction process.
"The electronic notary seal is the next step in paperless transactions and electronic closings," said Glenn F. Schwerin, president of Stewart Title of Albuquerque. "The electronic notary seal is used instead of the regular notary seal, allowing us to not have to print all of the documents that need to be notarized. By utilizing electronic notaries, in conjunction with our online transaction systems, we can provide a completely paperless transaction from order entry through signing and recording."
For the past five years, Stewart Title of Albuquerque customers have been able to view and monitor all aspects of the closing process online, thanks to Stewart technology such as SureClose® online transaction management system and eClosingRoom™, that enables electronic signing of closing documents. And now, the new Stewart Online™ portal provides customers complimentary, secure access to their transactions 24/7 anywhere they have Internet access, as well as offering home buyers and sellers Stewart Concierge™ to help simplify their move with a personalized call center to facilitate utility connections, moving services, home appliance purchases and more. These innovative technologies and services enable Stewart Title customers to stay informed regarding every detail of their real estate transaction and to make their real estate purchase experience magnificent.
"By allowing customers to actively participate online in the closing process, they arrive at the closing table more educated, protected and confident. In addition, working online reduces paper waste and encourages a more eco-friendly transaction," Schwerin continues.
"Furthermore, once everything has been signed and it's time to notarize documents, all of our offices in Albuquerque and Rio Rancho can apply the electronic notary seal, which eliminates the need to print out hard copies of documents. And, since all Stewart Title of Albuquerque offices currently have a certified eNotary, transactions run faster and more efficiently than ever," said Schwerin.
Stewart Title Company, a wholly owned subsidiary of Stewart Information Services Corp. (NYSE:STC), provides a single point of contact for U.S. and multinational customers that require special expertise in closing and underwriting for single and multi-site commercial transactions. Stewart is a customer-driven, technology-enabled, strategically competitive, real estate information, title insurance and transaction management company. Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries throughout the United States and international markets. Stewart also provides post-closing lender services, automated county clerk land records, property ownership mapping, geographic information systems, property information reports, flood certificates, document preparation, background checks and expertise in tax-deferred exchanges.
Source: Stewart Information Services