signing a power of attorney
Date: Thu, 09/07/2006 - 15:47
Is it common for a settlement company to have you sign a Limited Power Of Attorney?
This is important because the borrower puts his authorization to
This is important because the borrower puts his authorization to the company for disclosure of information. Moreover, it is needed when filing for individual tax return
POA
Yes, it is a limited power of attorney, which basically only gives them permission to settle accounts in your behalf, talk to creditors in your behalf and handle ONLY the joint account they have with you in your behalf.
