Legal Question in Real Estate Law in Florida
Power of Attorney
My wife and I are closing on realestate in New Jersey, we live out of state. It will be our primary residence. We our going with a VA mortgage. Do we both need to be there? Can one of us have power of attorney for the other. Our names will both be on the mortgage. Thanks!
1 Answer from Attorneys
Re: Power of Attorney
I cannot advise of the law in New Jersey. Generally a lender will dictate the requirements as to whether a power of attorney will be acceptable. Usually, the lender wants original (as compared to signature by power of attorney signatures on the conveyance documents. Check with the lender and your attorney. A solution would be to have the appropriate documents prepared and executed by your spouse in advance of the closing and you execute them at the closing.
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
18260 NE 19 Ave