CHICAGO, IL – Berkshire Hathaway HomeServices Chicago is pleased to announce that their buyers can have Zero Touch closings through the firm’s affiliated title company, Fort Dearborn Title. This new service is available for Prosperity Home Mortgage purchase and refinance clients as well as other participating lenders. Prosperity Home Mortgage is Berkshire Hathaway HomeServices’ affiliated mortgage company.
Mike Montalvo, Vice President of Fort Dearborn Title, said, “To now be able to offer Zero Touch closings using video signing is such a benefit for Berkshire Hathaway HomeServices Chicago agents and their clients. During the unprecedented COVID-19 pandemic, we have conducted closings with the utmost care, strictly limiting personnel, observing social distancing, cleaning before and after closings and allowing clients to sign documents from their cars, where possible. Now, with Zero Touch, closings can be done without any physical contact.”
Illinois Executive Order 2020-14 allowed for video notarization of closing documents. The borrower and Fort Dearborn Title closer meet only on a video conference. The closer notarizes the borrower’s documents and then the signed originals are sent to the title company overnight using an express delivery service. The firm’s first refinance closing occurred on April 6th and the first Zero Touch purchase closing will be held on April 15th.
Joe Stacy, Senior Vice President and General Sales Manager of Berkshire Hathaway HomeServices Chicago, said, “Because we work closely with our affiliated lending and title partners and our information security and business standards are aligned, we are able to quickly work together to respond to new industry rules as they are announced. In just a few days, we were able to make video conference notarization closings possible for our brokers and buyers using Prosperity Home Mortgage and Fort Dearborn Title.”
For additional information about Zero Touch closings with Fort Dearborn Title, please visit BHHSChicago.com.
About Berkshire Hathaway HomeServices Chicago
Berkshire Hathaway HomeServices Chicago is a full-service real estate firm with nearly 1,300 real estate professionals and staff in 25 offices serving customers throughout the Chicago metropolitan area, the North Shore, West Suburban communities, Southern Wisconsin, Northwest Indiana and Harbor Country, Michigan. Deep local roots are complemented by the extensive global reach of Berkshire Hathaway HomeServices, the top real estate brand in the nation. Affiliated and ancillary services in the form of Prosperity Home Mortgage, Fort Dearborn Title, and HomeServices Insurance complete the comprehensive services offered to clients. Visit BHHSChicago.com.