01.25.07

Question on Buyer-Seller Affidavits

Posted in Judgment Searches at 4:07 pm by Jeanne

Jeanne - Do you recommend that we still have the sellers/buyers give a ten year history of their residences on their affidavits? We are still requiring our closers to do this. I, however, do not see the need to ask for this information. Just curious on what you are instructing your students to do on this form.
Arne R. Skatrud
Key Title, Inc.

1 Comment »

  1. Jeanne said,

    January 25, 2007 at 4:09 pm

    Hello Arne - Yes, I tell people to get a ten year history in order to compare addresses, to eliminate judgments. And, Oh my, I HAVE been able to catch people who said a large judgment was NOT against them, when in fact, oddly enough the judgment was filed against a debtor with the same name and same address? And er, no, we did not take the affidavit, for obvious reasons…

    Thanks for such a good question. Best, Jeanne

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