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You are replying to this message: | | Posted by Cheryl Elliott on 11/25/19 11:41am
and trust has provisions in it as to how things go when one or both trustees become incompetent. The lender approved the QCD and POA for the refi. None of the paper work was "slight of hand". It was reviewed by title and compliance offficer and deemed to be perfectly legal and in order
I would say that in many instances, it would be very suspicious and risky to have a QCD signed with POA, but not this one I signed/notarized. The property is a $2 million ocean view estate. The lender is a private client lender. All was very kosher. |
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