paid outside of closing: Can Buyer Rebates Hurt A Seller? - 09/27/16 01:49 AM
In the business of real estate, the BIG D doesn't refer to Dallas… it refers to DISCLOSURE. 
Sellers have plenty to worry about when they list a home.  Selecting the right Listing Broker goes a long way toward protecting a Seller's interests before, during, and after a sale. A savvy, experienced Listing Agent will strategically work to reduce factors which can create conflict between parties. From property condition to title issues,  full disclosure is always the best policy. 
WHAT ABOUT THE BUYER? 
Consumers are slower to realize that there are disclosure obligations on the Buyer's side as well. Many states prompt a Buyer to … (2 comments)

paid outside of closing: Did the Loan Officer Just Suggest Mortgage Fraud? - 09/15/16 08:12 AM
Everyone knows that all interested party contributions need to be disclosed on the Closing Disclosure / Final Settlement Statement, right? 
CFPB and TRID / RESPA changes that took effect in October 2015 have both emphasized disclosure rules and placed  more responsibility on the shoulders of lenders to ensure compliance. This includes preparing the final settlement statement (Closing Disclosure / CD) and adhering to the 3-day waiting period that must completed before consummation (closing) can occur. 
Buyers depend on their Loan Officers to be professional, and to make sure that the lending piece doesn't become the weak link in the chain of events leading … (3 comments)