What "Power of Attorney" or other legal documents will I need to have someone purchase a home in my absence?

Answers:1   |   LastUpdateAt:2012-09-18 21:15:03  

Asked at 2012-09-14 06:06:02
I am currently deployed in Iraq and I am looking to buy a house . I found a few online that interests me and I would have a family act as my attorney-in- fact to purchase a home if I find one I 'd buy . MedlinePlus MedlinePlus I have obtained a certificate of pre - approval for a mortgage from USAA . Guess I will be able to handle everything through USAA through the mail and notaries, I have access to here at the base . Is there some special power , the lawyer who is acting on my behalf will be necessary when dealing with the bank ? MedlinePlus MedlinePlus Regarding the purchase of the house , I have a power of attorney prepared real estate . I'm waiting to be specific to the actual property you want to buy before I have completed and sent . If my attorney-in- fact need any other power of attorney before actually deciding on a particular house ? MedlinePlus MedlinePlus What about hiring an inspector ? Can anyone do this for home or requiring my signature too? What about the attorney to review the paperwork ? MedlinePlus MedlinePlus This will be my first home purchase , I have read a little about the process , but I'm still unclear on some of the details . MedlinePlus Thanks in advance .
Answer1SigridAnswered at 2012-09-18 21:15:03
The person signing on its behalf must obtain a buyers agent ( generally offset by the seller's agent ) . The buyers agent will oversee the Offer to Purchase / Agreement, the inspection, survey , the selection of counsel and, more importantly, to evaluate the surrounding area to ensure that the house meets your needs . MedlinePlus MedlinePlus We, the Realtors do a great job in making house look much better than it really could be. While images look great, the surrounding neighborhood may not be what you are also taking shape. Have your person POA and buyers agent to visit the property during daylight hours and at night before the creation of a contract . MedlinePlus MedlinePlus By the way : why not wait until you return ? You'll be making ( possibly ) 30 years without seeing a house from their own point of view of their needs .
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