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May 2016 - JANET PORCARO

Industry Leaders Comment on e-Closings

Industry Leaders Comment on e-Closings

Industry Leaders Comment on e-Closings

Industry Leaders Comment on e-Closings

“Banker & Tradesman” the Demand for e-Closings

“Someday, There Will Be An App For That,  “Banker & Tradesman

In his May 16th article, reporter Jim Morrison interviewed industry experts – like me – about the demand for e-closings.  (See red arrow pointing to highlighted text to read Jim’s quotes from his interview with me.) While many industry leaders look forward to the day we go paperless, those commenting in the article believe we are maybe as much as a decade away from that reality.

Real estate professionals keep the wheels turning

In the home buying process, typically the last hurdle before closing is getting past the mortgage contingency. Buying or selling a home is a high stakes process. Consumer are best protected by working with an experienced team of real estate professionals on their side. But, sometimes, behind the scenes, paperwork can bog things down.

What’s all the fuss about?

Especially since the mortgage crises, “consumer protection” measures are at an all-time high. The most recent set of policies to come through from The Consumer Financial Protection Bureau (CFPB) and it is called TRID a.k.a. Know Before You Owe, (TILA RESPA Integrated Disclosures…Read more at ConsumerFinance.gov). The policy is about keeping the consumer educated and informed with timely disclosure statements. The new guidelines have been in place since last October, and the most difficult thing about them seems to be the new terminology.

“The Know Before You Owe mortgage initiative is designed to empower consumers with the information they need to make informed mortgage choices. It includes the implementation of the TILA-RESPA Integrated Disclosure rule, which is often referred to as “TRID.” We prefer “Know Before You Owe” (and since getting past jargon is a first step, we think you might prefer it too).” ~ConsumerFinance.gov

Paperless Real Estate Closings? Not This Year!

Nahanton Woods Condos Newton’s Best Kept Secret

Nahanton Woods Condos Newton’s Best Kept Secret

Nahanton Woods Condos Newton’s Best Kept Secret

Nahanton Woods #301 SOLD

Tell your friends, family, and coworkers about this highly desirable corner unit with double balconies and over-sized windows featuring views of bordering woodland area and the Charles River Country Club. Nahanton Woods is a luxury elevator building with 24 hour concierge service, sumptuous courtyard, heated pool, club-room, and exercise room. This unit has been kept beautifully and designer decorated.

This is a one bedroom with one and a half baths. Other units in this complex have been converted into two beds. When you enter the large foyer and step into the bright and airy combined living room and den, you will be amazed how bright and airy the rooms are. Off the living room, sliders open to one of the spacious covered patios. The kitchen also has a slider to the same patio. There are many closets and in-unit laundry (Bosche units.) Beautiful master suite opens to the second balcony where you could take in the night sky. Large walk-in closet and full bath are additional amenities. This is a well cared for unit with lovely details such as sleek Lucite fixtures in both baths and hall closets.

CALL OR TEXT ME FOR A GROUP SHOWING AT 617-797-9497!

Offers, if any, are due on Tues. May 24, 2016.

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