Buying a house on behalf of a parent

[grizli]

What is the name of your state (only U.S. law)? OH
My Father lives in Europe and would like to purchase a house in USA, Ohio. (I live on Ohio)
He asked me to get together with my Realtor and find a house by his criteria.
I think we finally have a house that fits the requirements and he wants to purchase it.
Due to his work, he cannot come here to do the paperwork and he asked me to represent him here and buy house on his name. I understand I need some sort of a certified/notarized letter from him stating that I can buy a home in his name and etc.
He also wants me to be able to pay taxes on it, take care of the property, while he is not here. So I'll have access to live in it if I would want to.

What kind of letter/authorization should he have notarized and send to me to do this? (I'm assuming Geneva Convention Apostil may be required on the paperwork, that's no problem)
I appreciate any help here.

 

[FlyingRon]

You need to get a power of attorney executed. Yes the Apostile should be sufficient on that. You should get a lawyer in whatever area he wants to purchase the house and have him draft the document and send it to him to be executed.

People don't HAVE to accept the power of attorney, so it's typical to word it as specifically as possible for what you are doing for him. The more restrictive, the more likely a real estate entity, bank, seller's lawyer, etc... is to accept it.