Hello
Guest

Sponsored Links


Topic: ?s on selling US condo from UK  (Read 2214 times)

0 Members and 1 Guest are viewing this topic.

  • *
  • Posts: 376

  • Why a duck?
  • Liked: 0
  • Joined: Mar 2004
  • Location: Boston MA
?s on selling US condo from UK
« on: September 08, 2004, 12:57:02 AM »
I have a buyer now for my condo!  Has anyone sold a US property while residing in the UK?  I'm a first-time seller, so I'm clueless.  My cousin, who is a legal secretary, has agreed to accept a power of attorney for me for the sale.  She said she thinks there is a special power of attorney form for people who are outside the US.  I planned on signing a form I bought in the US at Staples. 

Can a solicitor at an estate agent's office also notarize a power of attorney?  Do I need a barrister? 
If it helps to know this, the money will go into my US bank account, and I have a realtor.

Thanks,  Chris
When I find a funnier sig than twistedncynical's, it will be here.


  • *
  • Posts: 407

  • Liked: 0
  • Joined: Feb 2003
  • Location: Atlanta
Re: ?s on selling US condo from UK
« Reply #1 on: September 08, 2004, 10:33:09 AM »
I sold my house in June after I moved here. I didn't have power of attorney with anyone, so if you do I imagine it will be much easier.

The closing attorney Fed Ex'd the papers to me, not realizing is it a 2 day delivery where I live. [Meaning I got things back 2 days later than they wanted me to, simply due to double the in transit time]. I had to get my signature notarized on the deed. I was able to contact a local solicitor who did notary service,  they seem to be a specialty and I had to call around before I found one willing to handle an international document. He charged me £25 and faxed it back to the closing attorney in the US for me.  The loan closed on the faxed documents, but the proceeds didn't disburse until they got the originals back -  by then my loan payoff had changed.

Getting Fed Ex to pick up the package for delivery was a nightmare and it took 2 days and several angry calls from the first time I called them before anyone actually came to pick it up. I used Fed Ex only because that is how the closing attorney wanted it shipped and they had provided an account number.  I'd not recommend them if you have a tight schedule timewise.

Figures had changed in between the time I received the papers and the actual closing, so after all the hassle I'd signed papers that were no longer accurate.  Looking back I'd have someone be my power of attorney simply due to the unexpected things that always seem to crop up at closing. Part of my frustration was with my Realtor, who claimed to be well versed in foreign closings but apparently had no clue. Your experience may go more smoothly than mine did.

:)


  • *
  • Posts: 376

  • Why a duck?
  • Liked: 0
  • Joined: Mar 2004
  • Location: Boston MA
Re: ?s on selling US condo from UK
« Reply #2 on: September 09, 2004, 12:12:07 AM »
Thanks for the advice, Missy!  My realtor is very experienced in power of attorney sales but not in international sales.  He's pretty sure everything will go smoothly as long as the power of attorney forms are in his hands.  I'm having 2 sets sent to him.  Now to find a solicitor! 

Can we talk about FedEx!  Now I understand why companies pay couriers to fly documents internationally.  I blasted FedEx in an email after bank documents took 8 days to get to me because the local contract driver from Carlisle didn't want to be late getting back to the depot.  FedEx had the grace and good sense to have someone phone me and apologize.  Still, it will be a cold day in hell before I use FedEx again in the UK.  I would trust them with my life in the US.  Hmmm, I've seen DHL vans in my neighborhood.
When I find a funnier sig than twistedncynical's, it will be here.


  • tebs
  • AmericanTexBrit
  • *
  • *
  • *
  • Posts: 1894

  • Portrait and Wedding Photographer
    • Murakami Photography
  • Liked: 2
  • Joined: Jan 2004
  • Location: Bournemouth
Re: ?s on selling US condo from UK
« Reply #3 on: September 09, 2004, 10:52:05 AM »
When my father's house sold, the realtor from the US  fedexed the papers to me, and  all I had to do was sign the final papers and have them notorized by a soliciter here in the UK.  I think the UK notory charged me around 50 quid. Then I fedexed the papers back, and job done. They deposited the money from the sale in my US bank account.


  • *
  • Posts: 376

  • Why a duck?
  • Liked: 0
  • Joined: Mar 2004
  • Location: Boston MA
Re: ?s on selling US condo from UK
« Reply #4 on: September 10, 2004, 12:07:01 AM »
Thanks, tebs.  It's good to know that this sale can go smoothly.  I'm off to the solicitor tomorrow for the power of attorney forms.  I'm stressing because this buyer backed out once before.  Should have buried the St. Joseph statue before I left Boston! :P
When I find a funnier sig than twistedncynical's, it will be here.


  • *
  • Posts: 48

  • From California to Cheshire.
  • Liked: 0
  • Joined: Jul 2004
  • Location: Cheshire
Re: ?s on selling US condo from UK
« Reply #5 on: September 12, 2004, 12:49:56 AM »
I sold my condo before I got here but it was close.  My agent was going to fax offers ect, and then fed ex the papers for signing. I would go that way so you stay in full control.  Its a nerve racking situation. Good Luck
Home is where your heart is, mine is now in Cheshire.


Sponsored Links