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Updated almost 2 years ago on . Most recent reply

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26
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6
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Contract says that I am the buyer

Doug Eric Gueirn
Posted

Can someone clear up for me where when I fill out these contracts, where it says "Buyer" I have to put in my LLC and name. I get nervous about this because I don't want to be sued for not having the money to buy the property. Also what makes me nervous is the fact that I don't tell them that I am not the buyer of their property but have to say that I have "Partners" when I really don't.

Most Popular Reply

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482
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767
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Matthew Kwan
  • Lender
  • Seattle, WA
767
Votes |
482
Posts
Matthew Kwan
  • Lender
  • Seattle, WA
Replied

Even if the contract is under a LLC as the buyer, but the underwriter would still request for an operating agreement to verify whoever the buyer is linked to it @Albert Bui @Carlos Valencia

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