Sentences with phrase «length affidavit»

An arm's length affidavit is primarily to ensure the bank that the parties do not know each other, there is no pre-existing relationship between the seller and the buyer.

Another condition of HAFA is all parties must sign an arm's length affidavit.

I sense your frustration and confusion about the arm's - length affidavit and know first hand how long and painful the short sale process can be as I handle many short sales in Sacramento.

But now the bank has sent us an arm's - length affidavit to sign, and it looks like they won't let us sell to my mom.

If you sign an arm's - length affidavit for your short sale and then violate it, you could be held liable for mortgage fraud.

The reason you are being asked to sign an arm's - length affidavit is because banks are trying to put a stop to mortgage fraud.

The arm's - length affidavit references the property address, name of the sellers, buyers, and agents, and the fact this is an arm's - length transaction.

In fact, many short sales require the buyer to sign an arm's length affidavit that states there is no pre-existing relationship between the sellers and buyers.

Most banks create their own arm's - length affidavits.

Not exact matches

And for some — family law practitioners in particular — the crackling warmth of hearth and home will be interrupted by the rustling sound of short leave applications, affidavits of unspeakable length and one or two clients» Ghosts of Marriages Past.

The witness and, probably, the user would have to go to some lengths (travel and appointment time) to ensure that the affidavit was properly done using the right government form (which changes periodically), properly attached to the original will with the exhibit stamp in the right place (on the back of the signing page, not the front, and not on any of the other pages), and properly commissioned.

When I consider proportionality in the context of the means of the parties, I must seriously question whether the motions brought forward in this case required the filing of lengthy facta, casebooks, and affidavits of the length and detail contained in these motion materials.

«At the same time, it is equally inappropriate for the applicant to become involved and offer to sign an affidavit in respect of a case handled by his wife's firm with which he was supposed to have an arm's length relationship.

Buck interviews, among others, the Ordoñez family, a single mother with nine children, who is trying to short sell their home to a buyer that will allow them to stay in the home as a renter if the bank waives the «arms - length» affidavit currently in effect.

• How to speed up your deals and streamline your short sale package for faster approval using the new «pre - determined» hardship categories • Which current HAFA documents are no longer mandatory and how this will affect your current deals • What new anti-fraud affidavit you must provide both the buyer and seller to verify the HUD1 Statement is at arm's length • The condensed approval timeline servicers, which are now required to use, and how this change benefits your business • How your ability to negotiate will change with the new increase in available incentives for subordinate lien holders • Why you might experience a surge in investor business when the «prohibition against resale» is reduced from 90 to 30 days.