Activity is Robust, But For How Long?

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The spring selling season is bursting with activity as buyers take advantage of low interest rates. Real estate professionals are reporting increased showings and properties going under agreement quickly, often within days.
If you have …

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New Good Faith Estimate: “The Shopping Cart:” Day 8 New Good Faith Estimate: “The Shopping Cart:” Day 8

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From the Mid-Atlantic Settlements Blog. Thanks guys!
(This is Day 8 of 12 in a series called “The 12 Days of RESPA Reform” which will run until December 31st. For a full list of RESPA topics, …

What the New GFE “Isn’t” — Where’s the PITI and the Cash to Close? – Day 3 What the New GFE “Isn’t” — Where’s the PITI and the Cash to Close? – Day 3

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From the Mid-Atlantic Settlements Blog. Thanks guys!
(This is Day 3 of 12 in a series called “The 12 Days of RESPA Reform” which will run until December 31st. For a full list of RESPA topics, …

Listing Agents: Ask for Seller's Title Policy at Listing

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From MASettlement Blog
As a listing agent, you likely have a checklist of items to gather or pull from various sources, including basic information from the seller. Here’s a thought which could save time and money …

Revised Truth In Lending Act Disclosure Requirements Set to Take Effect Revised Truth In Lending Act Disclosure Requirements Set to Take Effect

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Lenders will be subject to new disclosure requirements for mortgage loans under the Federal Reserve Board Truth in Lending Regulation (Reg Z). The new requirements apply to loan applications filed on or after July 30, …

Ethics: Short Sales; When Is An Offer 'Accepted?'

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Some sellers choose to evaluate all offers at once, especially when a quick sale is needed.

Question: I was in the middle of negotiating an offer on behalf of buyers I was representing. We had submitted …