Real Estate News

Real Estate News

The Mortgage Professor: Mortgage document deluge: Does new rule help?

For years, the Consumer Financial Protection Bureau worked to integrate the mortgage loan disclosures required by the Truth in Lending Act, or TILA, and the Real Estate Settlement Procedures Act of 1974, or RESPA. The bureau's work, done under the TILA-RESPA Integrated Disclosure Rule, or TRID, resulted in new requirements that went into effect last October.

Real Estate News

Real estate Q&A: Landlord may be liable for damage, but not tenant's hotel

Q: In January, my rented condominium flooded from the water heater upstairs. Luckily I was home, so the damage was minimal. The technician recommended that it be replaced, and I relayed this info to the owner. He doesn't intend to replace it, even though the association board recommended in writing that all owners replace water heaters due to their age. If it does leak and flood again, who is responsible for the damage and is the owner required to pay for a hotel while everything is being repaired?

Real Estate News

Real estate Q&A: Tenant shocked that landlord wants to sell

Q: We are renting a house. About 60 days before the end of the lease, the property management company told us that the landlord decided to sell. This came as a shock because the last we chatted with the landlord, he was trying to confirm that we intended to renew the lease. This has not given us enough time to save for the extra startup expenses of a new lease. The real estate agent keeps contacting me to show the property, which is a major hassle. Is there anything we can do to be left alone until we have to get out of here?

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Friends remember Chester County firefighter killed in three-car crash 01:13

Friends remember Chester County firefighter killed in three-car crash

Neighbors remember Heath Springs man found stabbed to death 01:00

Neighbors remember Heath Springs man found stabbed to death

Seeing double? No, just an unusual number of twins at Gold Hill Middle School 03:30

Seeing double? No, just an unusual number of twins at Gold Hill Middle School

University Center developers release video of project 02:32

University Center developers release video of project

Developers unveil plans for University Center in Rock Hill 02:17

Developers unveil plans for University Center in Rock Hill

Republican candidates make their case for York County sheriff 02:20

Republican candidates make their case for York County sheriff

Family science: Learning is fun at Pleasant Knoll 01:06

Family science: Learning is fun at Pleasant Knoll

Wow! A 21-second pin! Indian Land second-grader wins AAU national wrestling title 00:50

Wow! A 21-second pin! Indian Land second-grader wins AAU national wrestling title

Carowinds waterpark opens Saturday in Fort Mill 01:54

Carowinds waterpark opens Saturday in Fort Mill

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Owners of The Varsity in Rock Hill sell iconic restaurant

Roy and Darlene Russell have sold their 36-year-old restaurant The Varsity to the owner of Legal Remedy pub and restaurant in Rock Hill. The Russells opened the The Varsity on Oakland Avenue in 1980.
Owners of The Varsity in Rock Hill sell iconic restaurant 01:03

Owners of The Varsity in Rock Hill sell iconic restaurant

Video from South Pointe spring football scrimmage Friday night 01:32

Video from South Pointe spring football scrimmage Friday night

Friends remember Chester County firefighter killed in three-car crash 01:13

Friends remember Chester County firefighter killed in three-car crash

York Prep basketball prospect DJ Burns is also a talented musician 00:47

York Prep basketball prospect DJ Burns is also a talented musician