Sometimes distance, timing, and other factors mean you cannot attend the closing on your home. If that is the case, you can appoint an Attorney in Fact to be present and sign the paperwork on your behalf.
You need to plan this well in advance, especially if you’re the borrower. You will need to ensure that the Power of Attorney you are using is acceptable to your mortgage lender.
Foote Title Group will also need to review the Power of Attorney form to make sure it meets all guidelines. And, because this form must be recorded with the deed and mortgage, the original will need to be released to the title company at settlement and will not be returned until the title company receives it back from the county. This could take 2 weeks or up to 6 months, which is the length of time it takes the deed and mortgage instruments to be recorded.