Powers of Attorney
Many closings are handled by Powers of Attorney. This allows the closing to occur even if you are not physically present for the closing. The power only allows us to represent you in the particular instance of your closing – not to "pull the plug" or act in any other capacity of making decisions for you. It is a great tool when you are closing from afar and don't want to spend extra money just to come to South Carolina for the closing. We need to know that you will be using a POA early on in the process, as lenders prepare their packages a special way if it will be closing by POA. You are still completely informed about the closing – no corners are cut simply because you won't be present. You will receive your HUD or settlement statement the day prior to your closing, along with a Memo outlining the important points of your loan package. We will go over these in detail so that you understand who is being paid and why. Only until we have your permission do we sign any documents on your behalf.