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Katareen
5,000 Posts!
Member since 4/10 7180 total posts
Name:
Katherine
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Seller attending closing?
I called my lawyer but she hasn't gotten back to me yet--
As a seller (with a mortgage), do I have to attend closing of my property? We've finally been given a closing date, but I'll possibly be out of town for work, and I really don't want to reschedule the closing. I need it done!
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Posted 5/19/11 12:34 PM  |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
NoStressMom
My Heart and Soul
Member since 5/05 11122 total posts
Name:
D
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Re: Seller attending closing?
can you get a power of attorney someone else to sign for you?
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| Posted 5/19/11 12:40 PM |
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Jenhos
Maeve
Member since 6/05 3273 total posts
Name:
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Re: Seller attending closing?
hmmmm. I am curious of this. I thought I saw on here that you didn't have to be there. When we closed on this house the seller was there.
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| Posted 5/19/11 12:42 PM |
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Katareen
5,000 Posts!
Member since 4/10 7180 total posts
Name:
Katherine
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Re: Seller attending closing?
Posted by Jenhos
hmmmm. I am curious of this. I thought I saw on here that you didn't have to be there. When we closed on this house the seller was there.
I know they CAN be there, and I would be if I could. However since I have a previous commitment I wanted to know if there was a way it can get done without me!
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| Posted 5/19/11 12:42 PM |
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bobby769
LIF Infant
Member since 7/10 253 total posts
Name:
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Re: Seller attending closing?
For the most part, your attorney can represent you.
I say for the most part only because the banking/lending environment is so volatile that I wouldn't be surprised if the bank give some resistence to this.
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| Posted 5/19/11 1:03 PM |
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Re: Seller attending closing?
I've closed with 3 houses; 1 as a seller and 2 as the buyer. As the buyer, the seller was present at both when I closed. As the seller, I was also at the closing. I am under the impression that it is the norm for the sellers to be at closing, whether attending themselves or sending someone through POA to represent them.
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| Posted 5/19/11 1:22 PM |
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jana
LIF Adult
Member since 3/06 1134 total posts
Name:
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Re: Seller attending closing?
My neighbors sold last yr & were already living out of state. Their lawyer closed for them.
You can give anyone POA to close for you.
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| Posted 5/19/11 1:38 PM |
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thinkpink
LIF Zygote
Member since 2/08 43 total posts
Name:
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Re: Seller attending closing?
Our seller moved OOS and was not there. Just the lawyer.
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| Posted 5/19/11 2:42 PM |
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EricaAlt
LIF Adult
Member since 7/08 22665 total posts
Name:
Erica
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Re: Seller attending closing?
The seller to our house didn't come. The attorney had the power to sign all docs. He did make a few calls during the meeting and it went smooth
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| Posted 5/19/11 3:46 PM |
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JoJo2010
Happy Family
Member since 8/09 6266 total posts
Name:
JO
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Re: Seller attending closing?
Alot of the times the seller pre signs everything and has a Power of attorney.
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| Posted 5/19/11 4:52 PM |
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julz33
i run for bacon
Member since 5/05 20584 total posts
Name:
julz
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Re: Seller attending closing?
You can pre-sign everything and just have your lawyer attend. this was presented as an option to us when closing on my moms house, because my brother had midterms that week and was unable to attend.
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| Posted 5/19/11 7:48 PM |
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Serendipity
Summer!
Member since 4/07 7631 total posts
Name:
PrayingWishingHopingALOT
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Re: Seller attending closing?
You can give someone Power of Attorney or give it to your attorney
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| Posted 5/19/11 8:00 PM |
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LadyBug1209
Mommy to FOUR little men!
Member since 8/08 9655 total posts
Name:
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Re: Seller attending closing?
The sellers were present at our closing, but I'm not sure if it's required.
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| Posted 5/19/11 8:11 PM |
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CAMCaps
Live Laugh Love Run
Member since 6/07 4922 total posts
Name:
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Re: Seller attending closing?
The seller was not at our closing. They had moved OOS months earlier.
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| Posted 5/19/11 9:07 PM |
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