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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Original poster

buying a house that has power attorney

87 replies

Lavenderflower · 15/02/2025 16:08

Does anyone have experience, advice or thoughts?

OP posts:
ValentineValentineV · 15/02/2025 16:18

Lavenderflower · 15/02/2025 16:17

How does this work? Do you approve of the price or does the POA?

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I act as if I’m my parent.
POA isn’t a thing is someone has died though.

Original poster
Lavenderflower · 15/02/2025 16:18

ValentineValentineV · 15/02/2025 16:16

It sounds more like a probate sale than POA.

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I'm fairly certain he said POA BUT maybe I should check.

OP posts:
familyfullofeccentrics1 · 15/02/2025 16:18

And yes I’d buy a house from an executor.

presumably they’re wanting the cash from the sale!

familyfullofeccentrics1 · 15/02/2025 16:17

I thought POA ceased on death and it became the responsibility of the executor?

is this what you mean?

Original poster
Lavenderflower · 15/02/2025 16:17

ValentineValentineV · 15/02/2025 16:15

I’m just about to exchange and complete on my parents property, I have POA and it’s been completely straightforward.

How does this work? Do you approve of the price or does the POA?

OP posts:
ValentineValentineV · 15/02/2025 16:16

Lavenderflower · 15/02/2025 16:15

I viewed a house today. The estate agent told me the seller had died but the property is being managed by power of attorney. The family will get the proceeds of the sale. The house has two failed sales. It was previously a HMO property.

It sounds more like a probate sale than POA.

Original poster
Lavenderflower · 15/02/2025 16:16

IsitaHatOrACat · 15/02/2025 16:13

What bothers you about it?

I don't know much how this works hence post.

OP posts:
ValentineValentineV · 15/02/2025 16:15

I’m just about to exchange and complete on my parents property, I have POA and it’s been completely straightforward.

Original poster
Lavenderflower · 15/02/2025 16:15

I viewed a house today. The estate agent told me the seller had died but the property is being managed by power of attorney. The family will get the proceeds of the sale. The house has two failed sales. It was previously a HMO property.

OP posts:
IsitaHatOrACat · 15/02/2025 16:13

What bothers you about it?

0ctavia · 15/02/2025 16:12

The advice will depend on what country the house is in, as laws differ.

PaintDecisions · 15/02/2025 16:11

Do you mean it's being sold by someone under their power of attorney because the owner is incapacitated?