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#1401708 - 06/10/10 01:17 PM contractor paid p.o.c. item
jme3 Offline
Member
Joined: Jul 2008
Posts: 67
Illinois
We have a RESPA covered construction loan where the contractor will be paying the hazard insurance. On the HUD, where it is marked, p.o.c. by whom should we list it is paid, I read where it can be (b)-borrower, (s)-seller, (r)-realtor, but what should be listed in this instance?

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RESPA
#1401735 - 06/10/10 01:44 PM Re: contractor paid p.o.c. item jme3
RR Joker Offline
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RR Joker
Joined: Nov 2002
Posts: 20,656
The Swamp
If the contractor is paying it, I would list it POCS
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My opinion only. Not legal advice.

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#1401798 - 06/10/10 03:01 PM Re: contractor paid p.o.c. item RR Joker
Mrs. Rizzo Offline
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Curled up by the fire...
We would as well.
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Take responsibility for your life.

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#1401811 - 06/10/10 03:12 PM Re: contractor paid p.o.c. item Mrs. Rizzo
jme3 Offline
Member
Joined: Jul 2008
Posts: 67
Illinois
Thanks so much!!!

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