Real estate blog entries tagged with rescind by Leon Austin, Colorado Springs Mobile Notary (Mobile Notary Services)

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Home : Blogs : Leon Austin, Colorado Springs Mobile Notary : Colorado Springs Mobile Notary - Leon Austin : Tag "rescind"

rescind: 'What if I don't want a 3-day right to cancel?' - 04/30/09 01:24 PM

For the majority of the closings that I do there is a 3-day right to rescind. Most borrowers welcome this opportunity to have a chance to review the documents, get answers to questions, resolve any problems, ... etc.
However, not all borrowers want to wait 3 days.
I hear it often. 'I've come this far. I have no intention of canceling.' or, 'With this interest rate, there's no way I'm going to cancel.' Etc.

That's not for me to decide. I'm 'just a notary'. What I would tell the borrower is that they should contact their loan officer regardng … (0 comments)

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Leon Austin, Colorado Springs Mobile Notary

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