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Updated almost 16 years ago on . Most recent reply

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Preston Hamilton
  • Member since Jan 13, 2008
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Preston Hamilton's profile image
Preston Hamilton's profile image
Preston Hamilton
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Preston Hamilton
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Foreclosures

New stipulation on Countrywide Approval

Preston Hamilton
Posted

Line # 10 basically states the home may not be transferred or sold for 30 days. Escrow are to add this verbiage to the closing instructions and must notify Countrywide if this does indeed happen.

That kinda sucks. I have not seen this on any other CW approvals before, I wonder if this is investor specific?

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