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Connie Talcott Smith, Coastal Properties and New Construction (Lang Realty)

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John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

There were some issues, mostly back when TRID regs started, but they've been mostly accounted for.  The 3 day waiting period between CD and signing is a killer though.

Jun 30, 2016 06:35 AM
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Not yet.  The lenders have really stayed on top of things.

Jun 30, 2016 09:51 AM
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Kristen Correa, Broker
Kristen Correa Real Estate & Reedy Creek Realty Services - Keller, TX
I love coffee & real estate. I am out of coffee!

Not really with my lenders. Only by a day. Most delays have not been TRID related. One was TRID related, but one day, no real big deal.

Jun 30, 2016 07:13 AM
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Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

No,  people I deal with are on the ball.

Jun 30, 2016 06:10 AM
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Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

So far, I have not Connie Talcott Smith 

Jun 30, 2016 02:15 PM
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Not really. I think it has made my lenders more efficient. Some even close early. 

Jun 30, 2016 11:52 AM
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Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Not so far and I hope it'll stay this way.

Jun 30, 2016 10:39 AM
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Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Connie not one closing has been delayed. Our lenders are fantastic and usually have the docs to title early. Thankful!

Jun 30, 2016 10:29 AM
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I haven't seen much happen because of TRID. I'm thankful for that. I guess lenders and agents have gotten acustomed to the regs. 

Jun 30, 2016 10:28 AM
Rainmaker
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Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I have not had any significant delays because of TRID, I guess I have a really good lender!

Jun 30, 2016 09:36 AM
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Since TRID a number of my transactions have been cash so no worries. But of the loan deals, no issues at all (knocking on wood...)

Jun 30, 2016 09:01 AM
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Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

No we started practicing the rules 30 days before deadline. Can close in 20 days. 

The one problem- some escrows do not promptly disclose their fees. Work around- use FATCO's calculator and add 10%

Jun 30, 2016 08:47 AM
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I am getting 35 day closings on investors as long as they get their info in timely. 

Jun 30, 2016 08:25 AM
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Kartik Subramaniam
Adhi Schools, LLC - Rancho Cucamonga, CA
Market Analysis--Educational Content, Adhi Schools

I attended an event for mortgage professionals a couple of months ago and the general consensus I heard (from the people directly dealing with TRID from about every angle) was that any real concern with that had passed. It seems that many are actually faster now because concerns about TRID led them to become more efficient and stay on top of the ball. 

Jun 30, 2016 06:25 AM
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Richard Weeks
Dallas, TX
REALTOR®, Broker

No much like the Y2K scare.  Much ado about nothing.

Jun 30, 2016 06:21 AM
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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Connie - Not at all on our end. Our lender and title company have their act together.

Jun 30, 2016 06:14 AM
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Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Connie - So far there have not been any issues with TRID. The lenders have done a good job moving things faster in order to account for the 3 day waiting period.

Jul 01, 2016 06:23 AM
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Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

I think most of the growing pains are over.   Stuff still happens in real estate.     

Jul 01, 2016 01:36 AM
Rainmaker
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Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Two so far , just for a couple of days 

Jun 30, 2016 11:41 PM
Rainmaker
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Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Not so far

Jun 30, 2016 08:50 PM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Connie Talcott Smith - so far, none!

May be I am lucky or lenders are doing what they need to do....

Jun 30, 2016 04:55 PM
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Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

Nope.  I think the mortgage guys here must have been a lot better prepared for the changes.

Jun 30, 2016 03:19 PM
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Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

None yet, and I had a TRID escrow on day #5 of TRID's launch. But, I was running my escrows very much like TRID requires anyhow, just had to step up the inspections sooner is all.

Jun 30, 2016 02:37 PM
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Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

No- we still figure 30-45 days from contract to close is a safe bet.

Jun 30, 2016 11:17 AM
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Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

No idea.

Jul 07, 2019 10:23 PM
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Tom Burris
NMLS# 335055 - Baton Rouge, LA
Texas/Louisiana Mortgage Pro - 13 YRS Experience

As I predicted.... Lenders now have to get loan closed 3 days earlier. And they hit the mark almost always(in my experience).

Many times a regular deal gets skipped over so some extra attention can be given to a hard/weird deal. No more for us. If I have a hard deal.... I tell the agent to give me more time for escrow.
And... if a realtor complains about a late closing when they gave me 26 days with a holiday in between?  I explain to the borrower WHY we are late and they handle the realtor for me. 

 

 

 

Jul 08, 2016 05:09 AM
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

not a one.  I made sure that my lenders were on board and prepared.  I also ask the loan officer at time we're drafting the offer... how backed up is your underwriting, how many days will we need?

Jul 03, 2016 01:42 PM
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Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

Only my first one the month, rather the week that it took affect. All others have been pretty normal.

Jul 03, 2016 06:33 AM
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Nope. Delays have happened before TRID too. It is all about a specific lender you are working with. 

Jul 01, 2016 05:07 PM
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Just once when the closing attorney missed the date for issuing a CD. Otherwise, business as usual.

Jul 01, 2016 11:49 AM
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Not everyone is doing their job right. 

Jul 01, 2016 02:29 AM
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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

yes. 33 days here.

Jul 01, 2016 12:57 AM
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Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

If you do not pick the right title company which can overcome challenges, then this can delay the closing.

Jul 01, 2016 12:51 AM
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FN LN
Toronto, ON

No.

Jun 30, 2016 10:17 PM
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Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

We used to hit 6 weeks closing marks easily.  Now, there's no delay if I put the closing goal out 8 weeks...

Jun 30, 2016 10:11 PM
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Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Seem to be going ok now

Jun 30, 2016 09:22 PM
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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

not recently

Jun 30, 2016 08:47 PM
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Roy Kelley
Retired - Gaithersburg, MD

No.

Jun 30, 2016 08:21 PM
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Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

We added a few days to the timeline and haven't had any problems.

Jun 30, 2016 08:10 PM
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Some yes, some no.  Depends on the lender.  I've had it screw up my ability to charge a per diem for a sluggish lender though.

Jun 30, 2016 01:19 PM