TRID RULE FOR MORTGAGE DISCLOSURE HELPS HOME BUYERS GET SMARTER

If you are planning to start home-loan hunting to finance the purchase of a new or existing dwelling now or in 2016, better clip this article and keep it so you avoid becoming a mortgage dummy. Once you wade through the alphabet-soup the federal government uses to describe the nation’s newly revised mortgage-application process, understanding […]

DISPATCHES FROM THE FRONT: REAL ESTATE AGENTS, HOAs & LAWSUITS, OH MY!

Las Vegas Review-Journal:  Real estate agents, HOAs battle over liens By Jennifer Robison July 25, 2015 It’s a Nevada Supreme Court decision that didn’t resolve much. The court’s September ruling in SFR Investments Pool 1 LLC v. U.S. Bank gave homeowner associations the right to wipe out entire mortgages through foreclosures for late dues. But […]

BROKER BEWARE: LAWSUIT FILED AGAINST LISTING BROKER FOR NONDISCLOSURE

Being sued is everyone’s worst nightmare. According to a Realtor.com article: A Florida appellate court has considered whether a purchaser’s lawsuit adequately stated claims against a listing broker for failing to disclose latent defects on the property. Paul and Mary Cummings (“Sellers”) entered into a contract to sell their townhouse condominium to Erik and Carol […]

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