Tags » Settlement Statement

CFPB To Delay Effective Date of New Mortgage Loan Docs

Slated to begin August 1, 2015, two new forms, a Loan Estimate and a Closing Disclosure, will replace the HUD-1 Settlement Statement, the Good Faith Estimate, and the Truth-in-Lending disclosure form. 112 more words

Real Estate

7 Tips for a Profitable Home Closing

Be sure you’re walking away with all the money you’re entitled to from the sale of your home.

When you’re ready to close on the sale of your home and move to your new home, you may be so close to the finish line that you coast, thinking there’s nothing left for you to do. 527 more words

Real Estate

Understanding Closing Costs: HUD Block 1100 “Title Charges”

One of the biggest mistakes people make when trying to figure out Title/Settlement related closing costs is to just ask, “What is your Settlement Fee?” That only tells a small part of the story in line 1102 of the HUD, and more often than not gives a false impression what the actual closing costs are. 450 more words

Title Tip Of The Week

Tax Time Cometh....

This post is for the First time Homeowner.

Image courtesy of phanlop88 / FreeDigitalPhotos.net

You will still feel in a daze and confused as to what just took place.”I just bought a house and I owe on it for 30 years. 274 more words

Housing

Filing Taxes If You Bought or Refinanced a Home in 2013

Congrats if you bought or refinanced a home in 2013!  You were able to take advantage of historically low interest rates and get more house for your money.  364 more words

Work

What is a HUD? First Time Home Buyers or Anyone Who Needs Help Understanding A HUD.....

This is a great explanation of the buyers side of a HUD. The HUD can be a very confusing part of the home buying process. Here is video by a great attorney here local in Savannah, Doug McManamy from the McManamy Jackson office.

Savannah,Ga

GFE/TILA RULES PROPOSED BY CFPB - Big Changes to Disclosure and Settlement Statement

The Consumer Financial Protection Bureau submitted the much-awaited proposed rule revamping the current GFE/TIL disclosure and HUD-1 settlement statements.  The rule will be published in the… 624 more words

Mortgage Updates