Sumday now requiring buyer to sign a POA for the closing company

mardi 10 novembre 2015

I recently bought a clearance item through Sumday's website. This is probably the 7th or so from them and the 4th in the last 6 months. They are now requiring buyers to sign a limited POA for the transaction.

I asked if this is a Wyndham requirement because I have never had to do so with Sumday before.

Quote:

Attached is a document called the “POA/Corrective Document.” Please print this off, have it Notarized and Signed then mail to the GreatWay Services office along with a copy of your Driver’s License with your Social Security Number written underneath each picture. If you do not feel comfortable supplying your Social Security number, please feel free to contact our office and we can tell you if it is specifically required for the transfer of your purchase. The POA/Corrective Document will insure that we are able to give you the quickest closing instead of mailing documents needed by the resort we will be able to complete these on behalf of your transfer. Your closing will not move into the deeding and recording stage until we receive valid copies of your driver’s license or passport.
As a buyer I have had had to provide a notarized consent once. In the few cases when additional info or documents were needed I have been able to email the info/documents.

If there is a mistake or corrective action needed I would like to be notified. Unlike others who do not like to give out SS# or copy of Licence (I certainly understand because of the risk of identity theft), I generally am ok with providing that. I don't like to give anyone POA when I am capable of signing my own documents.

I've always liked Sumday and like their quick closing and the use of electronic documents.


Sumday now requiring buyer to sign a POA for the closing company

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