beware: Lenders Beware! The new gfe rules can cost you!
- 01/14/10 06:01 AM
Well, I'm starting the year with a bang! As most of you know, the new GFE rules have taken effect. Well, it turns out they can be costly as we trip over all the new proceedures involved with these rules. My first bump in the road is going to cost me some money. Here's the situation: The purchase contract shows the selling lender paying the transfer taxes but the short sale addendum that's 20 pages long states the selling lender will not pay the transfer taxes in two sentences and 8 point type. We received the purchase contract from the realtor … (2 comments)
Related Links:
Anthony Ebright - NMLSR ID #247647 Purchase and Refinance Mortgages
Well, I'm starting the year with a bang!
;)
;)
