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Updated almost 9 years ago on . Most recent reply

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Charles Jessup
  • Spring, TX
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Urgent-Will it hurt me to sign an incorrect closing disclosure?

Charles Jessup
  • Spring, TX
Posted

I'm supposed to close on a house on Wednesday.  My lender sent me a disclosure this afternoon (Friday) saying they need it signed and returned before midnight today to be able to close on time.  

The problem is that the disclosure has a small mistake in it, in that it shows I'm going to be paying for a home warranty when actually the seller is going to. 

They say they'll fix it Monday, but they need me to sign it today (even though it's wrong) anyway so that they can comply with a three-day federal requirement about lending disclosures.  

Should I sign it?

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,509
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Simply make a correction on it, initial it, sign it.

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