Important Information for AGENTS to Read!!
We are seeing some big changes coming soon to the mortgage market. Realtors are being urged to write longer contracts to accommodate this new rule: what was a 30 day escrow, will take 45 days; what was a 45 days will take 60, etc.
Read the below article to understand some of the changes that are coming our way.
http://www.inman.com/2015/04/18/come-august-there-will-be-a-new-roadblock-to-closing-a-deal-on-a-house-2/
We are seeing some big changes coming soon to the mortgage market. Realtors are being urged to write longer contracts to accommodate this new rule: what was a 30 day escrow, will take 45 days; what was a 45 days will take 60, etc.
Read the below article to understand some of the changes that are coming our way.
http://www.inman.com/2015/04/18/come-august-there-will-be-a-new-roadblock-to-closing-a-deal-on-a-house-2/