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Old 05-29-2011, 09:00 AM
 
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Can you close on House Without Being Physically Present?
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Old 05-29-2011, 09:09 AM
 
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Default Yes. No problem at all.

Quote:
Originally Posted by ac 2011 View Post
Can you close on House Without Being Physically Present?
Thousands of closings happen with representatives of the buyers / or sellers only. Typically a limited power of attorney is filled out. In some states this is probably more common than all the parties meeting at a title company.
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Old 05-29-2011, 09:14 AM
 
Location: NH Lakes Region
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Yes, but you need a power of attorney and make sure that all the parties involved know that you will not be present and will be using a power of attorney - they may have some extra requirements for you. They may require a Specific Power of Attorney versus the more "generic" General Power of Attorney. (My first home purchase I was unable to attend, and I had a General Power of Attorney - it took some convincing for the agents to accept it - they had to practically underline the several dozen occurrences in the 8-page document where it said "property, real or otherwise" to convince them this also meant real estate.)

Save yourself the heartburn, let them know well in advance, get your trusted agent and have the requisite power of attorney drawn up naming this agent and his capabilities to act in your stead, and notarized. You can make this power of attorney only valid for a week or day and specify the scope of transaction to limit time frame where someone will have the power to sign for you.
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Old 05-29-2011, 09:54 AM
 
Location: Austin
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You don't need a POA if you have the docs sent to you which is more common in my area. The title company can email or mail you the docs and you go to a notary, like your bank or another title company, and then send all the docs back. Much easier than a POA and you're signing them yourself.
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Old 05-29-2011, 09:57 AM
 
1,465 posts, read 2,774,724 times
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What do you mean "without being present"? In California, the purchase is typically managed by an escrow office. I have closed properties without going to the escrow office. No representatives, no power of attorney. Signatures all handled by fax and mail. One in particular, I don't even recall signing anything except with DocuSign, I may be wrong but I just can't recall actually signing anything except at the bank for the wire transfer.
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Old 05-29-2011, 10:26 AM
 
Location: El Dorado Hills, CA
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If you are buying with cash, docusign or overnight mail with sigs works. If you have a loan, you will need a notary - most escrow companies can arrange a mobile notary to meet you wherever you are to sign the necessary paperwork.
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Old 05-29-2011, 12:56 PM
 
889 posts, read 1,930,555 times
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As mentioned in CA you are not present. Having moved from the East coast, I told my agent I will meet you at the escrow office, she was confused and I almost fired her for not wanting to be there. Then I realized that it is just another day in the office for the folks at the escrow office.
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Old 05-29-2011, 05:40 PM
 
Location: southwest TN
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We bought our house from our computer room in NYC. The house is in TN. Some states, like TN, allow for a faxed signature to be the same as in-person signature.
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Old 06-02-2011, 12:40 AM
 
Location: Tempe, Arizona
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As above, it depends on the state where you are buying as to closing signing requirements. As in CA, buyer of AZ property can be set up to sign from any location. No POA needed.
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