Seller's name not on contract

[glenn walker]

Who cares -Report what you have and be done

 

[Fernando]

Who cares -Report what you have and be done

It's not a legal contract without seller's name.
Imagine a fraudster doing this. Am I too paranoia?

 

[Tim The Enchanter]

Am I too paranoia?

Maybe it's just Existential Blues.

 

[Dublin ohio]

Am I too paranoia?

No. Just paranoid.

 

[KHS445]

You are not the attorney (if there is one) in this transaction. So whether the contract is signed, dated, properly filled out is not your issue. You report what you have, it is up for others (listing/selling broker, lender, title company, buyer/seller attorney, register of deeds, notary, etc.) to make the decision as to whether or not they need any additional information or clarification regarding the purchase agreement.

If the contract signature is truly illegible, the first thing I would do is look at public record to confirm who the owner of the property is. Then I would call the listing agent/broker and ask them to confirm the sellers name, explaining that you are unable to read the signature on the purchase agreement. If those two inquires to not line up you can then ask the listing agent/broker if they can explain the difference to you. I would think in the highly sophisticated State of California you would have online access to recorded documents and maybe you should look up the deed or mortgage to see if the signature on those documents is similar to what you have on the purchase agreement.

About three mouse clicks and possibly a phone call should have answered your question.

 

[ramrcdk]

Unbelievable
Think to call the Lender-Client who has that information? A quick check of Public Records?
Takes less than a minute.
Rather than STIPS later???

I think we are OR are not blessed with Common Sense
because you can't learn it in school!

Again this morning had a few minutes to spare whilst enjoying my coffee.
The AF seems to have a new reason for existence. Starts with an F.

 

[J Grant]

1004 asked if seller the owner of the public record. I don't even have a seller name to comment on that.

Just put NA and comment that the copy you received lacks a seller signature.

THE END

we are not the contract police. The client will let you know later what it is. They may not have a fully executed copy yet. We are tasked with analyzing the contract we receive, if you want dash off a note to lender after that its a waste of time

 

[ramrcdk]

Just put NA and comment that the copy you received lacks a seller signature.

THE END

we are not the contract police. The client will let you know later what it is. They may not have a fully executed copy yet. We are tasked with analyzing the contract we receive, if you want dash off a note to lender after that its a waste of time

We all DO what we do.
I prefer a correct report OR document my attempts. THE END!

 

[sputnam]

Yet, once again, I remind everyone that you are not the Lender or the Underwriter or Fannie/Freddie. You are the appraiser. Your job is the value of the property. I agree with the poster who said to analyze the contract and summarize your analysis in the report. That is what USPAP requires you to do.

 

[ucbruin]

I won't submit the report until the lender provides a fully executed p/s agreement....
T's crossed and I's dotted....

Maybe the document Fernando was provided is just a copy of the buyers' Offer to Purchase....