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Just so everyone is clear, the property held in a trust
Posted by  Cheryl Elliott of CA on 11/25/19 11:41amMsg #612836
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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Messages in this Thread
 accepting POA on a QCD - Blueink_TN on 11/24/19 2:44pm
 Re: accepting POA on a QCD - Lee/AR on 11/24/19 2:49pm
 I agree with Lee/AR. -  JanetK_CA on 11/24/19 3:13pm
 By your post I assume title did not mention this in - Linda_H/FL on 11/24/19 2:49pm
 I agree Linda. We can't assume the POA wasn't -  MW/VA on 11/25/19 8:25am
 No I Definitely Would Not Have Accepted The POA -  PegiT_MN on 11/24/19 2:52pm
 A durable general POA most certainly would be acceptable - Linda_H/FL on 11/24/19 2:54pm
 Not to mention it's not our role to accept or decline - Linda_H/FL on 11/24/19 2:55pm
 You Are Right. I Worded My Post Wrong. -  PegiT_MN on 11/24/19 2:57pm
 Re: A durable general POA most certainly would be acceptable -  Cheryl Elliott on 11/24/19 2:57pm
 Good comments~ - Blueink_TN on 11/24/19 3:01pm
 So You Would Have Accepted The POA? Not Me. -  PegiT_MN on 11/24/19 3:02pm
 I already said what I would have done - especially on a - Linda_H/FL on 11/24/19 3:13pm
 I Was Asking Cheryl. n/m -  PegiT_MN on 11/24/19 8:58pm
 Re: A durable general POA most certainly would be acceptable - LJCA on 11/24/19 4:08pm
 Re: A durable general POA most certainly would be acceptable -  ikando on 11/26/19 6:35pm
 Re: No I Would Not Have Accepted The POA - Signerbill on 11/26/19 5:35pm
 Signerbill~ this makes sense - Blueink_TN on 11/27/19 8:36am
 Re: accepting POA on a QCD - Luckydog on 11/24/19 5:53pm
 let us know how this turns out tomorrow n/m - shooterclay on 11/24/19 6:19pm
 Re: let us know how this turns out tomorrow - BearPaw/CO on 11/24/19 7:13pm
 Re: hmmm — POA and QCD could spell license to steal n/m - Carolyn Bodley on 11/24/19 9:52pm
 I agree Carolyn..which is why my post ended with - Linda_H/FL on 11/25/19 6:46am
 Re: no need to hush Linda - Carolyn Bodley on 11/25/19 8:53am
 Re: accepting POA on a QCD -  Cheryl Elliott on 11/25/19 7:55am
 Re: POA, in and of itself, is a legal document - Carolyn Bodley on 11/25/19 8:45am
 Re: POA, in and of itself, is a legal document - Carolyn Bodley on 11/25/19 8:50am
 Just so everyone is clear, the property held in a trust -  Cheryl Elliott on 11/25/19 11:41am
 So, Blueink_TN...how does this end? n/m - Lee/AR on 11/25/19 1:25pm
 Re: So, Blueink_TN...how does this end? - Blueink_TN on 11/25/19 1:54pm
 Re: So, Blueink_TN...how does this end? - Carolyn Bodley on 11/25/19 2:49pm
 I would definitely pass on this one, Blueink. -  Cheryl Elliott on 11/25/19 4:00pm
 If, and this is a big IF, they can find another lender - Linda_H/FL on 11/25/19 4:12pm
 Re: If, and this is a big IF, they can find another lender - Blueink_TN on 11/25/19 4:55pm
 Re: If, and this is a big IF, they can find another lender - Carolyn Bodley on 11/25/19 5:25pm
 Re: DPOA not DOIA — big fingers n/m - Carolyn Bodley on 11/25/19 5:28pm
 Re: If, and this is a big IF, they can find another lender - Linda_H/FL on 11/25/19 5:26pm
 Re: Linda: n/m - Carolyn Bodley on 11/25/19 5:29pm
 Re: Linda: ....Yes Ma'am? :) n/m - Linda_H/FL on 11/25/19 5:32pm
 Re: Linda: - Carolyn Bodley on 11/25/19 5:34pm
 Possibly...all I know is you're right..it's a horrid disease n/m - Linda_H/FL on 11/25/19 5:40pm
 Just got a call from Title - Blueink_TN on 11/25/19 7:53pm
 Interesting. It's their call to make. n/m -  MW/VA on 11/25/19 8:01pm
 never accept? doubt that. sure must be pre-approved by TC - sigtogo/OR on 11/26/19 10:27am
 wait! no Alzheimer, dementia according to Blueink signer - sigtogo/OR on 11/26/19 10:44am
 Re: wait! no Alzheimer, dementia according to Blueink signer -  Yoli/CA on 11/26/19 2:07pm
 yes dementia, no alzheimer was my point. Also seems - sigtogo/OR on 11/26/19 3:31pm
 Re: If, and this is a big IF, they can find another lender -  JanetK_CA on 11/25/19 9:27pm
 Re: If, and this is a big IF, they can find another lender - Blueink_TN on 11/27/19 8:54am
 Re: If, and this is a big IF, they can find another lender - Carolyn Bodley on 11/27/19 9:16am
 Re: If, and this is a big IF, they can find another lender - Blue/CA on 11/27/19 10:31am
 Always call your hiring entity - Blueink_TN on 11/27/19 10:42am
 Re: If, and this is a big IF, they can find another lender - Carolyn Bodley on 11/27/19 12:58pm
 Blueink-why do you think this? - sigtogo/OR on 11/27/19 12:29pm
 Once again, know your state law on this issue! -  JanetK_CA on 11/27/19 3:22pm
 Re: why I said not every case is financial elder abuse or - Carolyn Bodley on 11/27/19 7:36pm



 
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