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CAN I TALK TO THE BUYERS LOAN OFFICER TO DETERMINE HOW FINANCING MATTERS ARE PROCEEDING?

April 26, 2017buyer determine financing loan Matters officer proceeding talk

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CAN I TALK TO THE BUYERS LOAN OFFICER TO DETERMINE HOW FINANCING MATTERS ARE PROCEEDING?

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While nothing legally prohibits you from calling a buyer’s loan officer, the loan officer may not be able to discuss matters with you because of confidentiality obligations. One way to avoid this confidentiality claim is to have the buyer agree in the purchase agreement that he or she waives any financing confidentiality protections and gives you permission to speak with his or her loan officer. A lawyer can assist you with this type of a provision.