Roy Kelley (Realty Group Referrals)

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Rainmaker
699,027
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

It's going to be a nightmare.  Most Realtors are not going to understand the changes because their mindset is "I've always done it this way".  Lucky for us we are mostly cash deals however, that is not going to be smooth sailing either.

Sep 10, 2015 02:11 AM
Rainmaker
714,888
Sara Wagner
The Woodland Companies - Adams, WI
Stevens Point Rentals

Whatever prompts people to act.

Jan 19, 2019 05:05 PM
Ambassador
4,892,008
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Not sure any of these endless programs make much of a difference.

Jul 29, 2018 08:06 PM
Rainmaker
2,433,114
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Yes, I will encourage them to do so.

Sep 10, 2015 10:51 AM
Ambassador
1,770,705
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

That is a good thought Roy, we have a learning curve ahead.

Sep 10, 2015 09:43 AM
Rainmaker
1,321,172
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Definitely!  I'm advising all my buyers to get their loan app in before the third.  I've been to two classes on TRID by two different institutions (big and small) and I'm not worried about it.  We'll just have to change when credits are negotiated.  I advise my people to get their apps in mainly because of the time delays.  Some lenders are OK with not having the 3 day delivery period if you are there in person or doing things electronically, others will make you wait.  That inconsistency is what worries me the most.

 

Like any change in any industry, it'll be rocky at first but should smooth out after a couple months.

Sep 10, 2015 09:19 AM
Rainmaker
4,477,565
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

It would be nice, but think if buyers cannot get it done by 10/3, we shall work with the new format.

Sep 10, 2015 05:46 AM
Rainmaker
634,116
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

I advise buyers to get pre-approved immediately but my understanding is they can't avoid the TRID changes unless they're already in escrow and the lender is in process before that date. Am I wrong about that?

Sep 10, 2015 04:58 AM
Rainmaker
1,863,904
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Yes and everyone should!

Sep 10, 2015 02:56 AM
Rainmaker
212,605
Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

I've been advising clients about it and letting them know the big changes just as a heads up. It wont help them find a home they love any faster, but at least they know what to expect.

Sep 10, 2015 02:11 AM