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How To Properly Fill Out PCOR

March 02, 2012 01:52PM
Hello All:

We wholesaled an REO. Since the lender didn't let us change title, our end buyer whom we have a good relationship with went ahead and funded it in our name. Now we are deeding it over to them. What is the correct way to fill out the PCOR to justify not paying the transfer tax again?

I checked this box "yes" and then wrote the following in the blank, but it feels like there's gotta be a cleaner way.

B. Is this transaction only a correction of the name(s) of the person(s) holding title to the property (for example, a name change upon marriage)? Please explain
"XYZ Corp purchased and paid full transfer tax-bank did not allow title change so now correctng titl"

I know, lame- what's a better way to do this?...THNX A MIL!

Kurtis
FarBelowMarket.com
Subject Author Views Posted

How To Properly Fill Out PCOR

ksquyres 3994 March 02, 2012 01:52PM

Re: How To Properly Fill Out PCOR

Kristine-CA 2314 March 03, 2012 12:15PM

Re: How To Properly Fill Out PCOR

sandmn3 2253 April 15, 2012 02:49PM



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