Posted on: 11th Jul, 2009 11:49 am
Does a company have the right to come after the seller and buyer for more money months after they closed? Saying they made a mistake
hey anny...
f you are referring to the lender or mortgage company coming after both parties for money with regards to a mistake they made, that would depend on the verbage in any of the application docs/disclosures you signed.
Some companies have an errors/omissions clause that says, if a mistake is made and can be proven, you have to pay up. If there is nothing like that, then I imagine its just a lot of hot air.....
f you are referring to the lender or mortgage company coming after both parties for money with regards to a mistake they made, that would depend on the verbage in any of the application docs/disclosures you signed.
Some companies have an errors/omissions clause that says, if a mistake is made and can be proven, you have to pay up. If there is nothing like that, then I imagine its just a lot of hot air.....