Real Estate Closing Power

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Shared by: tessafree
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SPECIAL POWER OF ATTORNEY FOR CLOSING ON REAL ESTATE KNOW ALL MEN BY THESE PRESENT, THAT I ________________________, currently living in ___________________, Illinois, desiring to execute a SPECIAL POWER OF ATTORNEY, hereby appoint, ______________________________, of ____________________, Illinois, as my Attorney-in-Fact to act as follows, GRANTING unto said full power to Execute any and all documents necessary to close on the sale, purchase or refinance of the property described below, commonly known as ____________________________________________, with full power and authority for me and in my name to execute any and all documents necessary to effect the sale, or purchase, conveyance, financing, refinancing and settlement on said property to any person or persons of his choosing, including but not limited to, sales contracts and addendum thereto, negotiable instruments, mortgages, deeds or other instruments of conveyance, disclosure statements, closing or settlement statements, etc. FURTHER GRANTING full power and authority to collect and receive any funds or proceeds of said sale in any manner which, in his sole discretion, he sees fit. The legal description of the land commonly known as __________________________________, is as follows, to-wit: All acts done by means of this power shall be done in my name, and all instruments and documents executed by my Attorney hereunder shall contain my name, followed by that of my attorney and the description "Attorney-in-Fact", excepting however any situation where local practice differs from the procedure set forth herein, in that event local practice may be followed. This SPECIAL POWER OF ATTORNEY shall be valid and may be relied upon by any third parties until such time as any revocation is recorded in the recorder's office of the county where the land is located. ________________________________ ======================================================================== County of ___________________ State of ______________________ The foregoing instrument was acknowledged before me this __________ day of ________________, 200__, by ________________________________________, who personally appeared before me and executed the instrument as __HIS_______ free and voluntary act. _____________________________________________

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