---

what will triggers respa on a purchase?

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
rhaedx Joined: 06 May 2007 Posts: 1 1.24 Dollars($)	Posted: Sun May 06, 2007 4:13 pm    Post subject: what will triggers respa on a purchase? Like 0 Dislike 0 I would like tyo know when I would get my disclosures once I have given my purchase contract
kenstampe Moderator Joined: 22 Jan 2007 Posts: 145 Location: Dallas, TX 50.64 Dollars($)	Posted: Sun May 06, 2007 8:16 pm    Post subject: Like 0 Dislike 0 RESPA requires certain disclosures to be given at time of application. An application is not completed without a purchase contract. Once an application is completed, RESPA says that the required disclosures be sent within 3 business days of completed application. To clarify, Saturday is counted in the 3 business days but Sunday and federal holidays are not counted.
adonis Joined: 22 Oct 2005 Posts: 10242 Location: ALASKA 1042.50 Dollars($)	Posted: Mon May 07, 2007 12:41 am    Post subject: Like 0 Dislike 0 Welcome Rhaedx, RESPA requires the lender/mortgage company to provide a number of disclosures prior to and after closing. Refer to the section on Respa and required disclosures.
HEMiii Guest	Posted: Wed May 20, 2009 1:00 pm    Post subject: Clarification Like 0 Dislike 0 kenstampe, FYI, Saturday is not counted in the 3 day period when RESPA documents should be delivered. These are only business days. However, Saturday is counted in the rescission period after a refinance transaction.

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0