03 Jul Buyer claims his mortgage company insists he be in person at closing.
I'm in NJ. My buyer must travel abroad for work for 2 months. He claims that his mortgage company won't let him give power of attorney to his lawyer or his realtor and that he must be there in person to sign the closing papers. He expects me to wait until he gets back to close. I've never heard of this sort of thing. Am I being lied to? Is there ever a reason that mortgage companies would do this?