So you have been hearing about the upcoming CFPB changes for a while now and starting October 3rd they will become a reality. So what does this really mean for you as a Realtor? For those of you who currently work with great closing attorneys and lenders there should not be a significant impact. Those closing attorneys and lenders should be ready for the new changes – we are! Remember, the new rules apply to loan applications taken on or after October 3rd (for most residential loan closings). Below are a few items to note in connection with the changes taking place.

Wednesday, June 17, 2015, 10:00 a.m. in the SAR Classroom

I will be speaking on the upcoming CFPB changes that take affect on August 1st.

To register go to savannaharearealtors.com, click on “Spring 2015” OR call the SAR office at 354-1513. There is no cost to attend (No CE hours).

I hope to see many of you there. I promise you will laugh at least once!

As always, if you need help with anything at all, please do not hesitate to contact me anytime at (912) 484-1996 (even nights and weekends) or email me at jgerber@brannenlaw.com.

You can find Joel on Google+ | Facebook | Linkedin

If you are a Realtor you MUST watch this video. I know, I know, the real estate market is booming and you barely have time to eat or sleep. But trust me, this is important stuff and you must start preparing now.

What if I told you the HUD-1 settlement statement is being replaced by something called a Closing Disclosure? What if I told you the buyer had to receive a copy of the Closing Disclosure at least three days before closing – or you don’t close? You probably wouldn’t believe me. It’s happening, but these changes will ensure a smoother, less stressful closing for you and your client.