Posted by Wend1206 on 1/25/05 9:11pm Msg #18132
Question on having a document notarized! Help!
Hi, I need to have a personal loan paper notarized, my husband has left for Iraq (Navy reserves) and I do have the power of attorney paper that he signed. Can I use this to have my loan paperwork notarized to sign his name? Also the paperwork is requiring two witnesses - one can be the notary - do I have to bring someone with me or can someone in the bank or location that I go to be my second witness? Please advise! Thank you
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Reply by Kimberly Crowe on 1/25/05 9:22pm Msg #18133
If you have an executed, notarized P.O.A., you can sign on behalf of your husband. Make sure you take the original P.O.A. with you to the signing. You don't have to bring anybody with you for a second witness, wherever it is that you go, I'm sure there will be someone there to act as a second witness...if your state is even a witness state.
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Reply by sue on 1/25/05 9:33pm Msg #18135
wrong answer
Technically you can use it; however, you must tell your lender about the POA. Some will accept it, some won't. Any who accept it will want to review it first.
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Reply by Kimberly Crowe on 1/25/05 9:39pm Msg #18138
Re: wrong answer
Yes, they do have to have it approved...I was assuming that was understood...it normally always is when it gets to that point....therefore, not a wrong answer.
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Reply by Lori/CA on 1/26/05 12:15am Msg #18149
When I signed papers for my parents long ago I had to have a specific power of attorney (it was a real estate transaciton). I do not know if that has changed from the past.
Lori
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Reply by Claudia-NJ on 1/26/05 10:31am Msg #18189
In my experience the only power of attorney that is accepted by a lender is one that specifies real estate transaction and is pre-approved by the lender. At least in NJ....
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Reply by Kimberly Crowe on 1/26/05 11:23am Msg #18197
If the POA is being used to sign any type of deed to convey property, there is certain wording that needs to be included in the POA....something referring to their power to actually convey real estate....you'll need to check with an attorney.
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