Can I close on a home without having to be at the closing ta

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Icon Mini Profile Sam
Sam
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PostPosted: Wed Mar 31, 2004 5:53 am    Post subject: Can I close on a home without having to be at the closing ta

You can close on a home without having to be at the closing table, either by a mail away closing or by appointing someone to act for you, by using Power of Attorney.
Prashant

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PostPosted: Thu Jan 15, 2009 12:52 pm    Post subject: Mail away loan

How to identify a mail away loan during closing.
if the subject property state is PA and settlement agent state is MD, does it mean it's a mail away closing.
Icon Mini Profile Niicss
Niicss



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PostPosted: Fri Jan 16, 2009 3:20 am    Post subject:

Hi Prashant,

Mail away closing is done only when the borrower is unable to attend the closing. The borrower has to provide an acceptable power of attorney or should take the necessary steps to complete a mail-away closing.

Thanks.

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