Posted by Belinda/CA on 12/17/13 4:52pm
Msg #496409

FYI - Seller docs

Not long ago there was a discussion about how seller docs are much smaller packages. Several people chimed in that that is not necessarily the case.

I just did a seller doc pkg of 476 pages when I printed both sets! Just short of a ream of paper.
I was appropriately compensated. There were no appraisal or title policy docs included.

The seller pkgs I have seen in the past six months or so have been running over 300 pages when you print two sets.

Reply by Linda_H/FL on 12/17/13 4:57pm
Msg #496410

Holy Smoke!! Short of the few docs included in a

loan package that require Seller's Signature - I think 20-25 pages is the max I've ever seen for a Seller's package.

WTH did they sell?

Reply by JanetK_CA on 12/17/13 5:01pm
Msg #496413

Re: Holy Smoke!! Short of the few docs included in a

I'm wondering the same thing. Or was it an REO property? Must have been something out of the ordinary about them, as most sellers' packages I've seen have been well under 50 pages. (Some of them take just as long as a refi sometimes, since the sellers sometimes want to scrutinize every penny and every detail... or maybe I've just been "lucky"?)

Reply by Yoli/CA on 12/17/13 5:06pm
Msg #496416

Re: Holy Smoke!! Short of the few docs included in a

WOW!! Did one yesterday. 36 pages and sellers were ready to sign and go.

Reply by NJW/FL on 12/17/13 6:47pm
Msg #496429

Re: Holy Smoke!! Short of the few docs included in a

19 pages yesterday for a seller side only.

Reply by Linda_H/FL on 12/17/13 5:00pm
Msg #496412

20/20 Hindsight kicking in :)

Was it a commercial sale of a business?

Reply by Belinda/CA on 12/17/13 6:11pm
Msg #496423

Re: 20/20 Hindsight kicking in :)

This was a regular owner occupied residence for a home valued at about $175K in TX.
Stupid amount of paper.
Stupid amount of things to sign and notarize.
First time home buyers so they had no idea it was out of the ordinary.
Called title and she seemed to think it was normal! My bag was so heavy.

Reply by ReneeK_MI on 12/18/13 4:59am
Msg #496452

1st time home buyers? So, not just seller's side? n/m

Reply by Linda_H/FL on 12/18/13 6:10am
Msg #496455

So...this wasn't just Seller's docs

you did a purchase loan too?

Reply by Buddy Young on 12/18/13 12:22am
Msg #496448

I've never done sellers docs over 60 pages.

Reply by Larry/IL on 12/18/13 7:30am
Msg #496458

Did Two this week, both 27 pages. n/m

Reply by Alz on 12/18/13 10:48am
Msg #496482

Same here, but docs were printed by TC. n/m

Reply by Belinda/CA on 12/18/13 5:53pm
Msg #496540

Ooops, got two mixed up on my second comment.

It was seller docs for a Utah property.
They kept commenting that there were more docs to sell the place than it took to buy it. I'll bet!