2 Types of Signature Required at Closing

Hello again Houston first time home buyers, you did it! The process may have seem a bit long and at times frustrating, but you did it, and now you have arrived at the finish line. As a first time home buyer you will be required to sign your closing documents using both wet and dry signature.

So, you may be asking what is the difference. Here’s a little history. Signing all the necessary documents dates back to 1677 England, the Statute of Frauds specified that certain contracts must be signed and in writing. This includes all of the document you will sign when closing on your new home.

Because each person’s signature is unique to that person, wet signature, which is the traditional method of signing documents by first printing the documents before signing them using pen on paper. This method is considered trustworthy and it also serves to identify the signer.

 Fast forward to the present. Known as the E-SIGN Act of 2000, Electronic / Dry Signature allows you to sign your documents online, or on your mobile device without having to first print the documents and sign them using pen on paper.

 Depending on your closing title company, they may send you some documents ahead of your schedule closing time that will require your electronic/dry signature. It’s quick, easy and it reduces the number of documents you will need to wet sign, thereby shortening the closing process and get you into your new home that much quicker. yeah! You.

As with all documents that require your signature, please make sure to take the time to read before signing. If you need clarity, explanation or have questions, make sure to get your questions answered, the explanation and clarity you need before signing.

We at First Home Houston is always looking out for your best real estate interest. As always, we thank you for stopping by. Until next time… Diana.

Image design by Diana for firsthomehouston.com