Home Selling in 48122>Question Details

Globetrekker, Home Seller in 48122

Does the seller need to be present at the actual closing when the seller is short selling the home? (Seller has an FHA loan)

Asked by Globetrekker, 48122 Thu May 13, 2010

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Yes, the seller will still need to be present to sign documents, even though bank approval is required for the sale.

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Mark Fleysher, MBA, Realtor
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1 vote Thank Flag Link Thu May 13, 2010
There are options for the seller not to be present at the actual closing. The seller could sign earlier in the day or the seller could have the papers overnighted to him and sign them in the presence of a notary, and send them back for the closing. I have done many closings for short sales and regular sales where the seller was not present. Power of attorney could potentially be an option too.
0 votes Thank Flag Link Thu May 13, 2010
Maureen Fran…, Real Estate Pro in Birmingham, MI
Yes, seller needs to be present unless they give power of attorney to someone like their agent or a family member, and/or they do a remote closing with a Title company wherever they are and overnight the documents back for your closing here.
0 votes Thank Flag Link Thu May 13, 2010
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