What happens if I can’t attend the closing on my house ? | #RealEstateTalk
What happens if I can’t attend the closing on my house? Do I have any options?
The good news is you actually have three different options if you can’t attend the closing of your house. You can close with the use a Power of Attorney or do a courtesy close at one of the title company’s other branches or close via a mail out with the use of a mobile notary.
Power Of Attorney: The Power Of Attorney also known as a POA provides another party the authorization to sign on your behalf. A POA has to be prepared in advance. It needs to be notarized and the original POA needs to be provided to the title company on the day of the closing. The person that you have given authorization to sign on your behalf signs and then the title company contacts you to confirm that you have not revoked that power of attorney.
Courtesy Close: Another option is to close at the same title company but at a different branch / location. This is called a courtesy close. So if you’re not able to come to the title company’s Spring Texas location but you’re able to go to their San Antonio location, the title company branches will coordinate and the documents and the closing will still occur on the same scheduled day.
Mail out: The third option you have is a mail out with the use of a mobile notary. This like the other two options has to be set up in advance. The title company schedules the closing with a mobile notary service. The mobile notary service meets you wherever you need to be met. Whether it be Starbucks or a hotel or at a friend’s house who you are staying with, the mobile notary service will come to you to get your signatures. They will notarize your signatures and overnight the documents to the title company. The closing will still occur on the scheduled date and fund on that same day.
Remote online notary: One more option is to close via an online remote notary. If a lender is involved, this method of closing will have to be approved by him. But the majority of lenders are agreeing to the sellers closing via an online remote notary. The title company will coordinate via the online remote notary service.
The good news is you are unable to attend the closing on the sell of your house that you have four options to get your Spring TX house SOLD and CLOSED.