The recent respa changes now require a more comprehensive Good Faith Estimate be provided to the buyer prior to the close of escrow. This new Good Faith Estimate will require both your lender and Real Estate Agent to be accountable for errors on the estimate. It will require you to provide more information more frequently. The objective is to remove any hidden or undisclosed fees from the buyer. Buying Danville real estate, San Ramon Real Estate, Alamo Real Estate, or any East Bay property should be more transparent at the close of escrow. Feel free to share this important information with friends or anyone that it can benefit.
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