RESPA...

Today I went to the Rose Garden for continuing education. As a Realtor, we have so many hours we have to complete every two years.

RESPA-Real Estate Settlement Procedures Act- a law protecting consumers from abuses during the residential real estate purchase and loan process by requiring lenders to disclose all settlement costs, practices, and relationships.



It is as interesting as it sounds...lol I am not sure if the government could make things any more complicated in my line of work. So consumers, hold on...make sure you have a local lender and a great Realtor. I know one if you need one! :)