Thursday, August 4, 2011

+Real Estate Agents And Home Warranties

+Real Estate Agents And Home Warranties - Warranties on your home are under scrutinizing because most of the time they are offered by real estate agents. The question is does this recommendation violate a very important law regarding real estate agents and their role in a transaction of a home.

The law in question is called the Real Estate Settlement Procedure Act or RESPA. The law bans anyone connected to a mortgage transaction to receive a referral fee for "settlement services." Basically, no one involved in a real estate transaction can receive a referral fee for something connect to

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