Response to Market Conditions
Friday, March 13, 2020
In response to the current market challenges facing the real estate industry due to the Coronavirus, please note our response:
Many Registry of Deeds are now open for recording only. We have electronic recording capabilities through Simplifile to electronically record in Massachusetts. Some county Land Courts do not accept electronic recordings. We will work to record those files via a courier. We have “gap” coverage for our title insurance which will insure during any period between the closing and the recording of a deed and mortgage.
Our entire team is equipped with the ability to work remotely. We will have a skeleton staff in house to process packages. We will conduct closings at our offices in Needham, Boston and Burlington. For any closing in other areas of the Commonwealth, we will coordinate a professional network of offices and will arrange use of a conference room at a convenient office location.
Our goal is to continue operations but ensure the health and safety of our staff, professional affiliates and clients. We will continue to monitor CDC guidelines and industry directives as they unfold.