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Updated about 9 years ago on . Most recent reply

User Stats

29
Posts
5
Votes
April Benard
  • Real Estate Investor
  • Houston, TX
5
Votes |
29
Posts

Buyer's mortgage company request for seller's settlement stmt

April Benard
  • Real Estate Investor
  • Houston, TX
Posted
Hi Biggerpockets community, Can anyone help me with the below issue? I was recently requested by the buyer's mortgage company to provide the settlement statement (when I originally purchased the property about 95 days ago). I'm uncertain why this information is needed. Is this a normal practice? Is there some justification for such a request? I don't want to delay the closing process but I would rather not share my purchase price.

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