HAS ANYONE HAD PROBLEMS WITH THE FREDDIE MAC SHORT SALE FORM THAT IS GENERATED BY B OF A.
ITEM 13 ON THE FORM READS " EACH SIGNATORY AGREES TO INDEMNIFY THE SERVICER AND FREDDIE MAC FOR ANY AND ALL LOSS RESULTNG FROM ANY NEGLIGENT OR INTENTIONAL MISREPRESENTATION MADE IN THE AFFIDAVIT INCLUDING, BUT NOT LIMITED TO, REPAYMENT OF THE AMOUNT OF THE REDUCED PAYOFF OF THE MORTGAGE"
HAVE HAD MULTIPLE SHORT SALES FALL APART RECENTLY --THE AFFIDAVIT REQUIRES THE CLOSERS ATTORNEYS IN CT TO SIGN AND THEY REFUSE. EVEN TO THE POINT THAT THE ATTORNEY GENERAL IS CHECKING INTO THE LEGALITIES AS WELL AS THE ATTORNEY FOR THE CT ASSOC OF REALTORS IS CHECKING --NOBODY WANTS TO BE ON THE HOOK FOR NEGLIGENTS OR MISREPRESENTATION
LET ME KNOW THOUGHTS
WM RAVEIS REAL ESTATE
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