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  • October King County Home Prices at 10/2005 Level (138)
    • ARDELL: Still, it seems to be against the basic principles of home ownership and “the bundle of rights” that comes with. If we keep chasing “what...
    • Kary L. Krismer: Rental caps are typically a good thing. In additition to keeping the percentage low, they also tend to prevent multiple ownership by one person, which...
    • Kary L. Krismer: Sampai wrote: “Time is on my side. I can buy a short sale now, or wait six months and buy a “normal” sale.” Or you could buy now at...
  • Interview with Jillayne Schlicke - Part 2: The SAFE Act (3)
    • Rhonda Porter: I felt like a ping-pong ball trying to register my 2008 CE credits. First I contacted DFI, they sent me to NMLS which then referred me back to...
    • Cathy R., Sequim, WA: My broker spent several days registering four LO’s and part of his frustration was being sent back and forth between DFI and NMLS. There...
  • Question for Attorneys: Federal Tax Liens & Foreclosures (3)
    • Kary L. Krismer: An existing tax lien on a purchase would be treated similarly to a judgment. When you get a preliminary commitment on a piece of property they always...
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    • Rose: I am planning on moving to Seattle in the spring and someone I know who lives in seattle keeps telling me that it is basically impossible to get a job there and...
  • HUD Passes RESPA Reform, New GFE Coming in 2010 (40)
    • Scott: And we need to move on from the “poor uneducated consumer”. The poor uneducated consumer with a 550 fico score won’t be buying a house anymore.
    • Scott: The new California MLDS produced by Encompass 3.5+ is pretty decent.. it breaks out costs paid by the buyer and / or seller according to the contract. We...
    • Scott: Looks like the originator that gets called on the best day gets the deal with this thing… rates change 5-7 times a day currently, and GFE’s at...

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Tag: Seller Disclosure Statement

Form 17 — an addendum to the contract?

As always, this is not legal advice. If you want legal advice, consult an attorney, not a blog.
Is the Form 17 part of the purchase and sale agreement (PSA)? Should it be listed in the “Addendum” paragraph of the PSA? In a word: NO! (At least if you’re the seller — if [...]

Posted: July 3rd, 2008 under Agent Advice, Buyer Information, Legal Issues, Real Estate Law, Seller Information.
Tags: , , , ,
Comments: 71