Friday, April 9, 2010

The FHA is A-OK

Here at DotLoop, we always knew we were on to something big. Call it intuition, call it gut instinct, call it clairvoyance, but we just knew that the old way of doing things wasn't working.

So, when it was announced late yesterday that the FHA is now accepting electronic signatures for every real estate transaction, we had to do a little chuckle. It's about time they caught up to the future of real estate.

For agents, though, this is a major benefit, because now you will no longer have to deal with bank managers asking for "wet" signatures anymore. Sure, electronic signatures have been legal for a decade thanks to the ESIGN Act of 2000, but with this new announcement, tech savvy agents across the country can now celebrate even more.

Thanks to all of you who have been using DotLoop to make your lives easier and less frantic. Yesterday's announcement was a win for you, too.

1 comment:

  1. So esignature compliant with e-sign act is now accepted by FHA. One more step in the electronic signature expansion.

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