With today’s Technology, You don’t even have to be in the country for me to Sell Your Home…Chris Eckert’s Condo sale in Hayward Park
I recently sold this Condo in San Mateo’s Hayward Park:
The owner was being transferred to Frankfurt Germany, so she hired me to sell her Condo.
Prior to leaving the United States permanently, she would be traveling almost every day. This meant that it would be difficult to sign the important documents for the transaction in person.
For most of the documents, we decided to use Docusign. This would allow her to sign documents no matter where she was, even from her cell phone.
The most challenging signatures that we had to worry about were the final closing documents. Since she was likely to be in Germany by the time we were ready to close escrow, she would not be able to come into an Escrow/Title Office in the US.
Closing documents must have a “wet” signature(handwritten), so we could not use Docusign. Most countries outside of the US do not have Title or Escrow companies where you can go to sign documents. In order to get an official US document notarized, foreign travelers have to make an appointment and go to the US Embassy. My client was reluctant to deal with the US Embassy in FrankFurt Germany, since they are notorious for having long wait times for appointments.
The alternative that we came up with was to have her sign a “Limited Power of Attorney” so that one of her friends could sign the closing documents for her. The friend would not take possession of any of the proceeds from the sale, since the money would be wired directly from the Title/Escrow office to the Sellers bank account.
Fortunately, the property sold so fast that the Seller was able to stop at the Title/Escrow Company on her way the airport. We ended up not needing the limited power of attorney or the US Embassy.
If you know someone who may have challenges in selling their home, call me and I can help find a way to make it easier.
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