20 June 2007

Did you know

that if you're closing on a house, and using a power of attorney, on the space provided for your spouse (or whoever) you write "[Mr. Abby] by Abigail B. [Last name]," and the title agent will say that's what you're supposed to do.

Then you'll leave, assuming you'll get the call saing the closing has been "funded" in two or three hours.

Instead, however, you will get a call at 1647 during which you will be told that every time you signed for your husband, the words "attorney in fact" should have followed. That, it will be explained, is very important.

It is, in fact, so important, that the lenders will not "fund" the closing until those words have been appended to every single page.

Thus motivated, you drive around Fort Worth like a bat out of hell (after more or less just jumping up and leaving your desk at work) to get to the title place by 1713.

"We close at 5!," they had chirped.

Only if you want me to burn your fucking business down, kill your pets and slash your tires, you explain. So they stay open for you.

You write "attorney in fact" 7,492 times. Then, as you leave the title place, you call your lender and explain about the place of business, the pets and the tires. It would be best, you explain, if "funding" this transaction is the first thing that happens in the morning.

Then you drive back up to North Fort Worth and check in to yet another motel. Where you sit, and you smoke, and you hate.