the new Colorado law

Will we finally see a move by title insurers in Colorado to finally charge for title insurance commitments issued for transactions that do not close?  The only reason title companies do not charge for these services, even when the charge would be leveled against a consumer, is fear of retribution by referral sources such as realtors and lenders.

We have this problem in PA.  We've got the law and

So, I guess this means the new First American Title iphone app

which provides free data to realtors is illegal in both Pennsylvania and Colorado?  Can't give free property reports in either state.  Anyone else have details on other state laws?

Colorado....YOU ROCK!! Well done. ;)

April 28, 2010                                                    For Immediate Release  
Contact:  Cameron Lewis, Colorado Division of Insurance, 303.894.2261               Chris Lines, DORA Public Information Officer, 303.894.7873
NEW RULES FOR TITLE INSURANCE TAKE EFFECT MAY 1, 2010
Although many homebuyers are not educated in the intricacies of title insurance, the Colorado Division

sign contract by 4/30.....close by 6/30

We are in the midst of a panic as homebuyers are trying to close on April 30 mistakenly believing that the 30th is the last day to close.

Please read this article.

Eligible borrowers must sign contracts by April 30 and close on their loans by June 30 to qualify for the tax credits, which include $8,000 for first-time buyers and $6,500 for home owners buying a new residence.

cool....hello Vietnam! Just noticed a reader translated this post. ;)

Post-đóng có nghĩa là sau khi đóng. It's a catch all phrase for jobs or tasks that take place AFTER the actual closing. Đó là một nhận tất cả cụm từ cho công việc hoặc nhiệm vụ đó diễn ra sau khi kết thúc thực sự. Post-closing includes the final takedown/bringdown of title and recordation of documents, the issuance of title policies, disbursement of funds not disbursed at the closing table

is this FREE app a thing of value under RESPA?

The AgentFirst app is currently available at no charge from the App Store at http://itunes.com/apps/agentfirstrealestate. For more information, or to establish an AgentFirst account,real estate professionals may contact their local First American Title sales representative.

Read more here.

making the rounds......HUD Official going over “How to Properly Complete the new GFE” ;)