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NEW GOOD FAITH ESTIMATE - Homes Columbus Ga, Fort Benning Real Estate, Phenix City Realtor,

By
Real Estate Agent with ROSE ANNE ERICKSON REALTY, LLC. Columbus Ga

Columbus Ga Real Estate, Fort Benning Realtors and consumers will be better served by the New Good Faith Estimates, that will become effective in the new year.  New RESPA changes enacted by HUD and the United States Congress will be transforming Good Faith Estimate forms to the new standard on or before January 1, 2010.   We thought it to be useful and important to give you an advance look at what the forms will contain and look like.  As of January 1, 2010, use of any forms other than those required under new rules will prevent any loan from closing.

New Good Faith Estimate p1 - Homes Columbus Ga, Fort Benning Realtor, Phenix City Real Estate, RealtorErika,

New Good Faith Estimate p2 - Homes Columbus Ga, Fort Benning Realtor, Phenix City Real Estate, RealtorErika,

New Good Faith Estimate p3 - Homes Columbus Ga, Fort Benning Realtor, Phenix City Real Estate, RealtorErika,

http://www.hud.gov/utilities/intercept.cfm?/content/releases/goodfaithestimate.pdf 

With the new rules enacted last month and the new forms coming out in January 2010, the consumer will be better informed and better served than ever before.

Homes Columbus Ga, Fort Benning Reator, Phenix City Real Estate,

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Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

Thanks for passing this news forward-it is good to know the buyer will be well informed as to what is happening. Thanks for sharing this information.

Sep 25, 2009 04:50 AM
Erika Nicholson
ROSE ANNE ERICKSON REALTY, LLC. Columbus Ga - Fort Benning, GA
Columbus Ga Homes, Columbus Ga Real Estate, Ft Benning Ga,

Pat Champion (Coldwell Banker Camelot Realty)

Hi Pat,  considering some of the past abuse, I think it makes the transaction a bit more transparent.

 

Homes Columbus Ga, Fort Benning Realtor, Phenix City Real Estate

Sep 25, 2009 02:10 PM