FHA Underwriters

I just love it when an underwriters takes on responsibilities that they do not understand.  For instance, we had a closing delayed because the underwriter said my sellers didn’t have the write to sell the property as the home belonged to their parents.  Ok.

But did you read the title work that clearly explained, in English even, that there was a Transfer on Death Deed and that the deed had been executed and filed?

It’s okay to ask questions.  It’s not okay to hold up a closing because you don’t know how to find answers.  Especially answers that are sitting right there in front of you.

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Filed under Financing Options, Misc. Real Estate

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