TRID and its Impact on the Closing Process

If a buyer of a residential listing applies for a mortgage loan on or after October 1, 2015, new federal regulations will apply to the loan transaction.

Changes on the Way Courtesy of Dodd-Frank

The Consumer Financial Protection Bureau (CFPB) was created under the Dodd-Frank Wall Street Reform and Consumer Protection Act in an attempt to govern transactions dealing with residential real estate lending

Update on the Proposed New Closing Statement:

Continuing in our efforts to keep you as informed as possible with the upcoming proposed changes to the closing process, attached is a copy of what the new Closing Statement (called a ‘Closing Disclosure’) will look like once adopted.

Contract Drafting Tips for Short Sale Transactions

We are finding that more and more banks are becoming more uniform in what they require to be included in the purchase and sale contract for short sale transactions.

It is a great time to buy real estate as mortgages remain at historical lows

Summer is over, the kids are back to school and it is time for the busy Fall season in the real estate business. With the onset of Fall, business is booming.

Home prices in the greater Miami area, increased 14.5 percent

Home prices nationwide, including distressed sales, jumped 12.4 percent in August

Changes are coming to the closing process

It is our intent to comply with the new laws before they are implemented so that we can continue to protect our clients, provide quality service, and meet and exceed legal and market requirements

Brickell’s next big mixed-use development is mad for color.

Newly released renderings of the upcoming SLS Brickell Hotel and Residences show starchitect/designer and creative partner Philippe Starck