momopi_IHB
New member
It's my understanding that on all Fannie Mae REO transactions, the buyer is responsible for paying ALL COSTS, regardless of what the California Purchase Agreement states. In other words, buyer is responsible for paying both buyer's and seller's closing fees.
What kind of potential liability would the buyer get into here? I've received no paperwork specifying exactly what the seller's closing fees are and they expect me to just sign the papers?
What kind of potential liability would the buyer get into here? I've received no paperwork specifying exactly what the seller's closing fees are and they expect me to just sign the papers?