Notarize Initial Authorization with airSlate SignNow

Sign Limited Power of Attorney

hey guys this is bill with no dairy coach comment to get out quick few minute break it's the last week in a month so it's a little bit crazy but last night we had you know it was a full day of signings and the very last signing I had took about triple the amount of time that a normal signing does you know normally I'm a standard loan package that could be in and out in 20 to 30 minutes 40 minutes that things go a little slow last night signing took about an hour and a half to complete it was just one single signer what made that one special though is it was a power of attorney situation where a husband has to sign on behalf of his wife as well as himself so it took a lot longer and I'd like to tell you a little bit why does this mean anything to you all these letters right here this jumble of letters which is almost an entire full sentence in and of itself it's actually the legal way that this gentleman had to initial on behalf of his wife so just to and I'm making up the names here but I just want to show you what this looks like so this is his wife's initials it was Maryland Davis Ramos Smith by then his initials here was Carlos Ramos daniel Smith as AI f which is attorney-in-fact so that is just how he had to initial on every single line that the lender required an initial on now this particular lender had a lot of places to initial so he was very very busy last night just initial away that is just the initial part - so as a power of attorney or an attorney in fact whenever that scenario is taking place they have to sign a very special way - and that's essentially an entire paragraph as a signature for the person who's not present plus they have to sign the other signature line that's their own signature or information so that's why it takes a significant amount of time now these can be very intimidating these power attorneys or trust packages or when you're signing in an LLC all of us can be super intimidated because they do look a lot like that and if you just look like that it's very easy to mess things up especially when they're writing entire paragraphs and you're going through 140 160 pages of it you've got to stay on stay present in the moment and make sure those are done correctly however what they will tell you is if you master this you create another niche for yourself and you become you develop a reputation as reliable and competent to do tough tax tasks like this and your escrow officers will come to rely on you and you get more and more business because these show up a lot especially in new...