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Updated over 9 years ago,
help, seller received a letter of forclosure
Need an advise!!!!Buying a house in LA (ESCROW does the title here, we don't use lawyers in LA ). Escrow close on 10.15, all the docs are signed and the financing approved....Oppps...The real estate agent calls me today( she represents both seller and me, the buyer) and beats around the bush about the letter that the seller received just now about...foreclosure?...or short sale?... the agent is really only loyal to the seller and she is very evasive and full of bs ....and she keeps repeating the mantra:..just never do what the seller did - a huge mistake, - having a reverse mortgage... All this makes me even more nervous. I asked to forward me the letter - she refused. What shall i do? The agent and the escrow officer are kinda together ..My lender is also eager to close the deal. What shall i do at this point to protect myself? Do I need to be worried? Do i need to request some additional documents? help....