I just made two offers on two short sales in canyon country. Is it normal for the sellers agent to request my credit report. If so why do they need

Asked by Bdorsey99, 91356 Thu Aug 18, 2011

I have already received my pre-approval letter from BofA. My agent sent over my offer to the sellers agent and the agent came back asking for more infomation regarding my credit scores so they requested my credit report. Should I be taken back by such a request. This property is a short sale and so i am wondering should i be worried. The seller's loan is through BofA as well, so wouldnt that make the process moves much faster.

Help the community by answering this question:

+ web reference
Web reference:


Rudi Hofmann, Mortgage Broker Or Lender, El Segundo, CA
Thu Aug 18, 2011
Your agent is certainly not abiding by his/her fiduciary responsibilities. How much is your SSN and account numbers worth?

Happy Funding, Rudi
Web Reference:  http://www.umboc.com
1 vote
Ron Thomas, Agent, Fresno, CA
Thu Aug 18, 2011
I would take that as a big RED FLAG,
and I might even suggest consulting with his/her Broker.

This is Confidential Information and should not be given out.

Your Pre-Approval is all that is needed.
1 vote
Margaret Has…, Agent, Tampa, FL
Thu Aug 18, 2011
I have negotiated many short sales both for buyers and for sellers. I have never had a seller's agent ask for the buyer's credit report. The pre approval from your lender and sometimes proof of funds to close, should be enough.
1 vote
Rudi Hofmann, Mortgage Broker Or Lender, El Segundo, CA
Thu Aug 18, 2011
You have your pre-approval. That is enough. The sellers agent has no legitimate need or right to ask for this. What does your buyers agent have to say about this?

Happy funding, Rudi
Web Reference:  http://www.umboc.com
1 vote
Alberto Pach…, , Porter Ranch, CA
Mon Apr 23, 2012
there is no need for the seller or listing agent to ask for your credit report. You can provide your fico scores, that tells a lot about your credit.
0 votes
Sara Mehrpou…, Agent, Los Angeles, CA
Sat Aug 20, 2011
It is possible that a listing agent ask for your credit score or proof of your credit scores. It's just part of showing that you qualify for financing -- for security on behalf of the seller.

Sara Mehrpouyan CDPE
Specializing in Short Sale & Foreclosure
Rodeo Realty
Direct: 818-903-2040
Dre License #01712757

0 votes
Bdorsey99, Renter, 91356
Thu Aug 18, 2011
My agent wasn't that concerned he felt it was to confirm I was serious and qualified buyer prior to going to bank with my offer and have surprises come up later. I just was not sure if anyone heard kid this before. Does it make a difference that the property was 60 days into thier NOD
0 votes
Search Advice
Ask our community a question
Home Buying in Canyon Country Zip Codes

Email me when…

Learn more