The implementation of the new TRID-RESPA rule began October 3, 2015 and was intended to simplify the disclosure and loan-closing process. However, with all the new rules and required forms, everyone is struggling to understand how this new system will make it easier for consumers as they move through an already stressful process of refinancing or purchasing a home.
Randy and Dawn Wiser, the owners of GulfAtlantic Title & Appraisal since 1997 are holding free training workshops for realtors and lenders. With the real estate market finally rebounding in Florida, many industry professionals are concerned the new rule could add as many as two additional weeks to close a transaction and slow the momentum.
“Though these new rules were implemented to fully inform and better protect the consumer,” says Dawn Wiser, “change is always difficult, not to mention the time necessary to allow for the learning curve. However, by educating the people we do business with on a daily basis it’s our customers who win in the end.”
Sam Walton, founder of Wal-Mart echoes Wiser’s ideology on the importance of customer service. Walton said, “The goal as a company is to have customer service that is not just the best but legendary.”
The workshops provide comprehensive training on implementation of the new TRID-RESPA rules. GulfAtlantic Title & Appraisal employees will run through sample transactions with complete instructions on how to properly fill out the new forms and comply with the new disclosures and extended timeframes.
“As a bankruptcy and foreclosure attorney for more than 20 years, I recognize the value of working with a good title company to achieve the best results for my clients. Our clients have continued to be impressed with their timeliness, follow-through and overall ability to get it done no matter what the obstacle. They take time to communicate and completely explain the closing process,” says Christie D. Arkovich.
Claudia Lopez, a REMAX ACR adds, “It is very rewarding to know that we can count on a company to do their job with such diligence and a proactive approach. They truly care about what they do and for that I’ll remain a loyal contributor to their business.”
Gilly Dominguez, USAmeriBank, Tampa Mortgage Loan Originator stated, “I have worked with Dawn Wiser and her team for well over a dozen years. I’m always confident that my closing will be a smooth real estate transaction.”
To make sure you are up-to-speed with the new TRID-RESPA disclosure rules contact GulfAtlantic Title & Appraisal to schedule a FREE workshop and to learn all about the new closing disclosure. Call (813) 964-8300 or visit their website at: http://gulfatlantic.biz.