Discovering Carroll Co, MD May have to wait. 2016 Blizzard

Real Estate Agent with Frankly Real Estate Inc.

Discovering Carroll Co., MD May Have to wait a few days. 2016 BlizzardDiscovering Carroll County, MD May have to wait a few days. It’s unfortunate, but, that’s what I had to tell a few new clients about our meeting this weekend.

We are expecting possible historic snowfall this weekend, check out Justin Berk’s  Baltimore Snow History for details.


If you are searching for a home and the 2016 Blizzard has interrupted your plans, don’t fret. Essentially you need 45 days to close a transaction due to the new TRID rules, however, 45 days is not so different from the days prior to TRID or TILA-RESPA Integrated Disclosure Rule, the very definition leaves all of us with a curious head tilt. You know the one you get when listening to a teenager who has a lot to tell you. Or possibly your pet when you speak in a squeaky voice that you think he will somehow better understand.





TILA is the Truth in Lending Act of 1968

RESPA is the Real Estate Settlement Procedures Act of 1974

TRID is a combination of both to create an Integrated Disclosure Rule


All of the alphabet soup is intended to protect the public. Your private data, your interest rate, your mortgage payment, your payoff amount even what you agreed to pay your real estate professionals should be private. Agreed.


There are a few hitches requiring additional disclosure which can trigger a delay of a few days. You should consult your lender and title company for specifics because, just like our Maryland weather,the forecast is subject to interpretation. Although everyone will remain within the law, one may turn left and if the temperature drops you may have a little more or a little less accumulation of days, or snow, depending on your particular situation and location.


Make sense?

I know it’s as clear as blizzard conditions on a back country road. My advice is choose professionals you can trust to help you navigate all facets of a real estate transaction.

Steve and Jan Bachman
RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax - Herndon, VA
Realtors - Northern Virginia

HA! Indeed showing for a couple days eh? Trid has added some excitement...we are doing 2 walk after the home inspection items were to be time to get any problems resolved because of TRID...then another walk through a few hours before settlement. 

Jan 26, 2016 04:07 AM