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From closing to consommation

From Closing to Consummation… October 1st!

Yes you read that correctly. Starting October 1st, home closings will now be called consummations. After the financial crash of 2008, the push for financial regulatory reform began. In result, we now have a new way of doing things when it comes to rules, disclosures, loans and transactions in real estate. The goal of the reform was to actually make real estate transactions easier for the buyer and seller...

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