real estate form: Don't Let The Seller's Disclosure Destroy Your Home Selling Opportunity
- 03/28/12 05:37 AM
As I write this article about the real estate property disclosure, I want to start with an apology for the continual omission of the apostrophe that you will observe when I write "seller's" and "sellers.' " The funny thing about all of the different browsers on the internet is that many of them cannot handle that apostrophe ... so again my apology to our English language purists. OK, so back to the topic at hand, which is why homeowners need to be smart about how they compose and provide the required home seller's property disclosure statement to all potential buyers. Real (0 comments)
Congress enacted the Real Estate Settlement Procedures Act (RESPA) back in 1974 in order to address problems in the real estate settlement process. It seems that Congress felt that they could legislate fair business practices and reduce fees and costs to home buyers through enlightenment about the settlement process and the associated costs that go with buying a home. RESPA’s mission is to provide consumers with information relevant to the mortgage transaction and the various costs that will occur. The hopes in founding RESPA was that many of the various kick-backs and referral fees, once identified and disclosed, would be (8 comments)