Should a Buyer Move-in Before Closing?

January 23, 2012 by Monica McNamara · Leave a Comment 

This situation is this:  your home is for sale and the prospective buyer wants to buy it, but says, “I like it, I want it.  But I will not have the money for a couple of months. Can I move in until we finalize the sale?” Possession of a home usually changes from seller to [...]

New RESPA Changes – What That Means To You

January 4, 2010 by Monica McNamara · Leave a Comment 

HUD, (Housing and Urban Development), in an effort to improve disclosure of key loan terms and closing costs paid by the consumer when they buy or refinance a property, HUD has reformed the RESPA Rules. Here is a summary of the final rule: Good Faith Estimate – now it will be a three page document, [...]