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If mortgages are not subject to the sales disclosure form, why does the form require information regarding seller paid points, interest rates, etc.?

April 26, 2017disclosure form interest rates mortgages require sales seller Subject

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If mortgages are not subject to the sales disclosure form, why does the form require information regarding seller paid points, interest rates, etc.?

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The mortgage information in section C(8) – C(13) is only applicable when the seller is providing financing to the buyer. The only exception to this is seller-paid points (C(12)), which must be disclosed under all transactions.