Limited Power of Attorney Approach

With consumers busier than ever and the need to keep up with everyday hectic life, home closings using limited power of attorney can be a useful capability for some consumers. The overall benefit to limited power of attorney is to no longer require the consumer to be present at the closing to sign documents. However, with technology making it easier to close on a home than ever before, this capability may not hold as much value as it once did.

In this episode of Mark’s Minutes, Mark describes how technology is evolving to meet the consumer and specifically how that is changing the need for limited power of attorney in the home buying process. He also explains why, although Pavaso contains the ability, he thinks it is a huge concern for businesses to require limited power of attorney capabilities from technology platforms.