Spam prevention
Rainmaker
7,038,403
Roy Kelley
Retired - Gaithersburg, MD

Very little impact if you have a good mortgage lender.

Feb 27, 2017 11:03 AM
Rainmaker
4,492,665
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Not much.

Feb 27, 2017 11:45 AM
Rainmaker
1,708,245
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Nope, let other questions Abby this is a no brainer.

Feb 27, 2017 11:06 AM
Rainmaker
2,155,202
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

That's a great question for instructor. 

Feb 28, 2017 05:57 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

It doesn't.

Feb 28, 2017 05:38 AM
Ambassador
1,616,454
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

just do the right thing

Feb 28, 2017 04:39 AM
Rainmaker
1,558,658
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I'm not involved in financing side of transaction. But in general, the more you disclose ~ the safer you will be. 

Feb 27, 2017 10:34 PM
Ambassador
4,553,992
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

It impacts lenders, not real estate agents.

Feb 27, 2017 07:30 PM
Rainmaker
1,358,111
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I'm not a lender, so it's a peripheral effect at best.

But, I don't need a rule, law or otherwise to be honest.

Feb 27, 2017 06:06 PM
Ambassador
5,754,403
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Truth is good in more than Lending.

Feb 27, 2017 12:24 PM
Rainmaker
3,070,984
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Roy Kelley nailed this one!

Feb 28, 2017 04:01 AM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

It does not.

Feb 28, 2017 03:55 AM
Ambassador
4,316,215
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

abby tiscareno - it is pertaining to lending and the buyers need to use lender, in most cases.

Feb 27, 2017 10:44 PM
Rainmaker
3,986,000
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Not as much as banking

Feb 27, 2017 08:37 PM
Ambassador
2,608,648
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Lenders, not me.

Feb 27, 2017 08:07 PM
Ambassador
3,987,010
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I leave that to the lenders and they leave real estate to me. I never include any of the trigger words in my advertising so it doesn't affect me at all.

Feb 27, 2017 06:11 PM
Rainmaker
864,358
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

It has no impact as an agent. However, it is a whole different story toward the buyer. 

Feb 27, 2017 03:14 PM
Rainmaker
1,157,535
FN LN
Toronto, ON

This law does not apply in our great nation.

Feb 27, 2017 02:24 PM
Ambassador
4,744,012
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

It really doesn't impact me personally. A mortgage lender can provide a good answer.

Feb 27, 2017 02:11 PM
Rainer
74,407
Michael Scruggs
UTR Texas-Realtors - Houston, TX
ABR, CNE, TAHS

It hasn't affected my business.

Feb 27, 2017 01:57 PM
Rainer
352,876
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

Your question says it all...Truth in Lending.  Best to ask that of your local lenders to get info.  Always tell the truth and disclose what you know.  

 

Feb 27, 2017 01:46 PM
Rainmaker
1,430,521
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

It's a lender thing, doesn't impact me.  Just means the lenders have to have their stuff together to make my 30 day escrows.

Feb 27, 2017 01:32 PM
Rainmaker
808,903
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

I let the loan officers do the financial portion of the transactions.

Feb 27, 2017 01:16 PM
Rainmaker
1,466,027
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

abby tiscareno TILA applies to the lending process of the mortgage.

Feb 27, 2017 12:49 PM
Rainmaker
5,580,884
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

it's the truth about the lending items and costs involved....

Feb 27, 2017 12:46 PM
Rainmaker
5,767,466
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Abby,

We have to tell the truth, and lenders do too.  A

Feb 27, 2017 12:38 PM
Rainmaker
1,183,950
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Your test question is dated. Back then the realtors were also involved with lending as the industry was not regulated then.

Feb 27, 2017 12:33 PM
Rainmaker
4,352,493
Richard Weeks
Dallas, TX
REALTOR®, Broker

It does not.  I never advise about financing so there are never any trigger terms which would require me to make full disclosure.

Feb 27, 2017 12:32 PM
Rainmaker
915,898
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

'Truth in lending"

Lending money to friends causes amnesia.

Lending money to family causes dysfunction.

Lending money to business partners causes happy feet.

That is all the truth I can handle right now.

Feb 27, 2017 11:58 AM
Rainmaker
1,045,215
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

I leave that to the lenders and they leave real estate to me

Feb 24, 2018 04:31 PM
Rainmaker
4,569,338
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

It should not. Not in your wheelhouse 

Mar 01, 2017 06:14 AM