How to sell property with power of attorney
Why Use a Power of Attorney When Buying or Selling Real Estate
hi this is Jeff Wu your local real
estate specialist I'm here today to tell
you about something I've been getting a
lot of questions about lately and it's
POS and what I mean by that is powers of
attorney when you have a power of
attorney it allows somebody to sign
official documents on their behalf a
power of attorney has to be notarized
well in advance by the person giving the
permission to sign on their behalf you
might ask how does this come into play
in real estate well it comes into play
when a party is not able to sign the
documents so sometimes you have people
have a power of an attorney for an aging
or ill family member and they're able to
sign those documents on their behalf
other times you have people who with one
spouse will not be able to make the
settlement or the closing and a or a
spouse or Co buyer or co seller can sign
for the other party and then other times
you have where people can not make the
settlement at all so they have a friend
a family member or even an attorney that
they hire who they sign as their power
of attorney so powers of attorney useful
in all kinds of things but in particular
in real estate if you have more
questions let me know I'll try to help
you or get you in touch with a real
estate related attorney who can explain
it better but it's a great tool because
you can't always plan everything that
comes up and if you can't be present you
need to have somebody to trust able to
sign on your behalf I'm Jeff Wu and I'd
love to talk to you about real estate
anything positive please feel free to
reach out
Jeff we make it a great day
you
