January 4, 2010

The Truth about The Truth-in-Lending

The most confusing document in the entire loan package is the Truth-In-Lending Disclosure Statement. I’ve heard more than one escrow officer refer to it as the “Confusion-In-Lending” and simply ask the borrower to sign with a cursory explanation usually saying it’s the loan costs rolled into the interest rate or something similar. While not entirely inaccurate, it doesn’t really explain the “TIL” as it’s referred to in the biz. With […]
November 20, 2009

Non disclosure – in real estate? “Really?”

A while back, I said I was going to begin a series of posts with the “really?” theme associated with some of the odd things I see happen in my business. So, once again, it is time to vent just a tad… If you know me, you know that I have a pet peeve about some of the things that happen in the real estate industry. Many of these things have to […]