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Updated about 13 years ago on . Most recent reply

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Dan Romero
  • Texas
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Letter of authorization

Dan Romero
  • Texas
Posted

Hello BP,

What exactly is a letter of authorization? I believe is used to give you access to have a title search done on a property but I'm not sure. Can someone clear this up for me.

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

The most common context is giving a lender authorization to discuss your loan details with a third party(real estate agent, negotiator, etc), usually in a short sale situation.

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