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RESPA - Real Estate Settlement Procedures Act

D.R. Horton - Villages At Oakshire

3 Hour CE Free

RESPA. These five little letters can have a big impact on your financial well-being whether you are buying a home, or you run a business that has anything to do with residential real estate transactions—whether you are a real estate broker or agent, mortgage broker, lender, builder, developer, title company, home warranty firm, or even an attorney.

RESPA is the abbreviation for the Real Estate Settlement Procedures Act, a federal consumer protection law overseen by the U.S. Department of Housing and Urban Development (HUD).

This law is designed to require residential real service providers (Title insurance, mortgage loans appraisals, home inspectors, home warranty companies, real estate agents, etc.) to make a number of disclosures about the mortgage and real estate transaction process and fees that are charged.

Let’s discuss what RESPA prohibits and the dos and don’ts.

Education Partners

Virtual Properties Realty – Duluth, GA

D. R Horton * DHI Mortgage * HomeBuyers Club

3 Hour In Class | Continuing Education

My CE Class, LLC - School #5914

Cathy McDaniel | classeswithcathy@gmail.com

Text: 404-550-0775 |www.classeswithcathymcdaniel.com