Instructor: Andrew Lieb, Esq
Date: May 12th, 2015 at Viana Hotel & Spa in Westbury
Course Summary: You get the client, spend months looking for the perfect deal, find it, negotiate it and send it to an attorney to close it. Then, what? It dies. Have you ever wondered if you could do anything differently to have more of your deals close? Learn some of the main reasons that deals die like issues with the Sales Agreement, Title, Escrow Deposit, Closing Date, Financing / Contingencies and the Seller’s Concession. Next, learn how to proactively save your deals and earn a commission. Knowledge is commission.
To Register: Login To Your Lieb School Account and Click "Enroll" or "Join Waiting List"
Thursday, April 30, 2015
Wednesday, April 22, 2015
Consumer Step-by-Step Guide for the Mortgage Purchase Process
The Federal Government’s Consumer Financial Protection
Bureau (CFPB) recently released a Home
Loan Toolkit, a step-by-step guide through the mortgage purchase process,
for consumer use. This is a must use tool for real estate professionals to
create realistic expectations for their clients and customers.
This toolkit helps consumers to:
- Calculate affordable monthly mortgage payments;
- Understand the importance of credit scores to obtaining better mortgages;
- Pick their mortgage type;
- Choose the best down payment amount;
- Shop with different lenders;
- Understand and know about issues that may arise;
- Choose a mortgage closing agent; and
- Understand the overall closing process.
This Home
Loan Toolkit has fillable text fields, buttons, and list boxes, allowing
consumers to update the toolkit as they work through the process. It is
designed to be much easier and more accessible version of the existing Settlement
Cost Booklet that is currently provided to consumers and should be used in
connection with the new (and simpler) Loan Estimate
and Closing Disclosure forms that will be effective on August 1, 2015.
Though creditors are required to provide the toolkit to all
potential homebuyers, the CFPB encourages that real estate agents understand
and provide this toolkit to their clients as well. The more informed the
parties, the smoother the real estate transaction will go.
By Litigation Team at Lieb at Law, P.C., &
Anonymous
Tags:
Closing Disclosure,
Consumer Financial Protection Bureau,
Home Loan Toolkit,
Loan Estimate,
Mortgage,
Mortgage Industry,
Mortgage Purchase,
Real Estate,
Real Estate Tips
Tuesday, April 21, 2015
Does The Fair Housing Act Cover Disparate Impact Discrimination
Check out Andrew Lieb's latest article published in The Suffolk Lawyer.
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