(303) 881-1333
rssrssrssrss

Blog
You are here : Home > Blog

Home Buyers – Upcoming Changes in Closing Process

In Denver Real Estate, Market News, Mortgage Rates | on May, 13, 2015 | by | 0 Comments

To improve the service for consumers buying homes, here is some insightful news regarding changes to the closing settlement forms. Sounds like the scheduling of closings, which is typically 30 days out from the accepted offer date, may have to be pushed to 45 days out. From Realtor Magazine: “In case you missed it, as of August 1, the HUD-1 settlement statement and Good Faith Estimate forms are going away, as is the Truth in Lending Act disclosure.” This short video explains what you need to know about the changes to the closing process:

Home Buyers – Upcoming Changes in Closing Process

 

Leave Your Response

* Name, Email, Comment are Required

Selling Price$Down Payment$
Interest Rate%Years
Monthly Payment$Change any combination of fields to calculate.

Follow me on Twitter

Affiliations

Partners

SWaT Production LLC
SWaT Production LLC