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Do what the lenders and title folks tell us to do.
Good to be aware.
Aligh with mortgage and title resources --- and attorneys --- that are prepared to deal with the changes.
Good morning Christopher. I would strongly recommend you work with a knowledgeable mortgage broker.
Make it a great weekend!
Take a course and talk with lenders you like working with. Make sure they are prepared for the changes, too.
45 is the new 30! Good and clear communincation with title/escrow officer(s) and Lender(s).
The new Closing Documents deal more with the Lender than they do the real estate agent. In my opinion.
IMO, I'd prepare for elongated timelines allowing for at least an extra 15 days, triplecheck punchlists to make sure everything is done as soon as possible, forward all charges to go on HUD(CD) as soon as you get them, and encourage borrowers to check email frequently for lender disclosures.
I believe the same day sale and a purchase a few hrs apart is seriously in jeopardy.