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Updated about 8 years ago on . Most recent reply

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73
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20
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Hector Lozano
  • Real Estate Investor/ Private Investigator
  • San Antonio, TX
20
Votes |
73
Posts

POA or other form????

Hector Lozano
  • Real Estate Investor/ Private Investigator
  • San Antonio, TX
Posted

What is used to be able to call on behalf of the seller to obtain balance and payoff information on a home??  

Most Popular Reply

User Stats

70
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65
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Cody Backus
  • Attorney/Investor in Lehi, UT
65
Votes |
70
Posts
Cody Backus
  • Attorney/Investor in Lehi, UT
Replied

Hector, the POA is most likely going to be your best bet. It is the form we include in all of our seller finance package of forms that we (Utah law firm dedicated to investors) offer. Most banks will almost always honor it over anything else. It should be a special power of attorney, specific to the use. Hope that helps!

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