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Contract question, need some help

Discussion in 'Fannie Mae, Freddie Mac, USPAP' started by Shane Self, Oct 17, 2007.

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  1. Shane Self

    Shane Self New Member

    0
    Oct 21, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    Georgia
    During my continuing ed class, the instructor said that GA law requires the sellers disclosure to be part of the contract. Fannie mae requires that we analyze the entire contract. She says that if the sellers disclosure cannot be obtained, we are supposed to advise the lender. If the lender says to proceed, we have to obtain this permission in writing for the file, check the "no" box that says we analyzed the contract and write in the appraisal that this loan will not qualify for a fannie mae loan.

    Anyone know here I can find that reg?
     
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