Long Distance Closings in COVID Era?
Hey folks- thinking about doing my first distance investment, and am thinking of seeing the property in person (weekend) but closing on a weekday, and closing remotely from where I live, about 2 hours away.
Here are my questions:
1. I plan to hire a property management company. Do they attend the closing and get the keys? Does my realtor? Do the keys have to pass hands at the closing itself?
2. Documents- will this be electronic? Fedex/UPS overnight?
3. Should I have the remote closing be done near the property, or near me?
4. Are people closing via Facetime and Zoom these days? Closing outdoors on patios? Indoors with masks?
Would love to hear any and all perspectives. Also curious if @AlexanderScott has done this since my target property is in Fayetteville, NC.