Moving Check List

Four to Five Weeks before you Move

Do you have any items to donate to the local charity, items that you don't really need? 

Decide what items you will be packing and moving yourself and what items need professional care.

Decide on an area to place your packed boxes, an area that is the least intrusive for your daily life.

Make sure you have enough boxes, tape, magic markers for packing and marking boxes

First pack the items that you don't use on a regular basis and can do without until you reach your new home

Research, interview and find a reputable moving company; get a sample contract of what you will be signing on the moving day.

Two Weeks before you Move

Contact your utility companies to coordinate the shut-off and turn on of all utilities

*  Gas
*  Electric
*  Water
*  Cable
*  Telephone

One Week Left........Crunch Time !

Contact your moving company and confirm all details (provide contact numbers)

Make sure you have cleared walk-ways, driveways and hallways for the move

Collect your valuable possessions, important paperwork, jewelry and keep them in your possession, not to be mistakenly sent with movers.  Pack a "must have" box, things that you need readily available and at your fingertips.

Day of the Move

When the movers arrive, go over the contract prior to signing it.  Hopefully you will have already looked at and seen the documention you will be signing.

Let the movers do their job, let them move! 

Make Final Tour of your Home....ensure that all is loaded.

Don't forget, often times the movers will unload the furniture etc... where you want it at the new house if you have  a plan!

Please "Call Kim" for all your real estate needs!

www.callkim.net

(702) 521-3939

CLARIFICATION OF THE NEW RESPA ACT

Are you in the market for a new home? Thinking of obtaining a mortage on that purchase? It is imperitive to work with a lender that can accomplish your goals while providing the best and honest service with competitive rates. Call me and we can get the process started! Some new changes in Lending provided below.

http://www.hud.gov/offices/hsg/ramh/res/respa_hm.cfm

Recent changes in the Truth in Lending laws as of 7/30/09

CLARIFICATION OF NEW RESPA ACT

Changes to the Truth in Lending Act: What You Need to Know!
Regulation Z of The Truth in Lending Act (TILA) has undergone important changes that you need to know about in order to set expectations when looking for a loan. These changes take effect for all new applications taken on July 30, 2009 and after, apply to ALL types of mortgage loans (except investor loans and HELOC's) and could impact the overall time line of the mortgage process.

Here are four key parts you need to know:

Initial Disclosures: Under the new rules, initial disclosures must be provided to the borrower for all loans within three (3) business days of when an application is taken.

Initial disclosures include: the Good Faith Estimate (GFE), Truth in Lending Statement (TIL).
Collection of Up-front Fees: The new regulations prohibit lenders from ordering and collecting many up-front fees (ie: appraisal) prior to the new waiting period.

If the loan application is face-to-face, there is no waiting period.

Otherwise lenders have a 3 day waiting period before fee services can be ordered.

TBD properties: Are not considered actual applications per RESPA - once a property is identified and application is made - the waiting period would start from that day. So, if we did a pre-qual for someone today and a week later the property is identified, the disclosures would need to be signed and/or mailed on that day, and the waiting period begins.

Re-disclosures: If there are changes to a borrower's Annual Percentage Rate (APR) that INCREASES more than .125%, the lender must re-disclose to the borrower, and the 3 day waiting period starts over again.

Timing of Loan Closings: Business days are considered Monday-Saturday excluding legal public holidays. Closings cannot be scheduled until at least seven (7) business days after the initial disclosures are received by the borrower. If re-disclosures are needed because of changes to the loan program, terms or APR, the loan closing cannot be scheduled until after the re-disclosures are received by the borrower.

Please contact me for all of your real estate needs @ (702) 521-3939

Kim Duclos - Coldwell Banker Wardley