Richard Weeks, REALTOR®, Broker

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Rainmaker
1,027,535
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

The industry has had how long now to get ready for it and many still probably are not prepared?  Not sure the delay will help, I'm more of a "get it over with" kind of person, work out the kinks and move on.  Until it becomes "real," I don't know what to expect.

Jun 17, 2015 11:21 PM
Rainmaker
1,678,375
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

Nothing coming out of WashingtRON or this administration surprises me. The disfunctional leading the lemmings!

Jun 18, 2015 12:30 AM
Rainmaker
7,126,117
Roy Kelley
Retired - Gaithersburg, MD

I thinks the delay will prove to be a smart decision.

Jun 17, 2015 11:15 PM
Rainer
414,427
David M. Dwares
Title Professionals Corp. - Fort Lauderdale, FL
Title guy with a broker license

Probably a good idea to wait until after the summer selling season, but we all have to accept that it is going to happen so the sooner it gets implemented, the sooner we can all acclimate to it.

Jun 17, 2015 11:10 PM
Rainmaker
292,585
Jack Lewitz
Exit Strategy Realty - Evanston, IL

I guess I should find out more about the change. Can anyone explain how it will affect you and the way you conduct business. I thought the new rules affect lenders, title companies, and the information they provide to consumers. Delays in closing up to 72 hours could make me a little angry if issues come up but am I missing anything?

Jun 17, 2015 11:31 PM
Rainmaker
1,147,037
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Rife with excuses the beneficial effects of the delay would suggest a smooth transition into October's implementation. We will have to wait and observe the result. 

Jun 17, 2015 11:21 PM
Ambassador
956,233
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

I think it a good move. No sense in fine's for lender when the bugs are already present. 

Jun 17, 2015 10:22 PM
Ambassador
769,039
Paul McFadden
Responsive Pest Control - Seattle, WA
Pest Control, Seattle, WA.

I'm not surprised. If anything I'm wondering if the lenders requested more time. They have a lot to lose.

Jun 18, 2015 07:48 AM
Rainmaker
1,708,245
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Great lobbying from NAR, the real estate industry, and the mortgage industry. There is still time to negotiate changes but that remains to be seeb.

Jun 18, 2015 06:46 AM
Rainmaker
699,177
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

I can not figure out what the next move would be for anything federal.  It's a wait and see,

Jun 18, 2015 03:56 AM
Rainmaker
4,799,732
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

None.

Feb 25, 2019 06:32 AM
Rainmaker
2,224,267
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

It's just a delay of the inevitable. 

Jun 18, 2015 03:06 PM