Re:State Farm uses payment signature for HIPAA disclosure au...
by dwater on Wednesday January 29, 2020 @11:23AM
(#22182239)
The home buying paperwork process has improved post-housing crisis. There is less total paperwork, and much of it changed to be easier to read and understand. I've done it 3 times, once before the crisis and twice after, and I've never felt rushed. If the closing company makes you feel pressured you should push back, they should appreciate the gravity of the process.
[ Parent
| on HN ]
Re:State Farm uses payment signature for HIPAA disclosure au...
by Washuu on Wednesday January 29, 2020 @12:23PM
(#22183151)
I bought a house just over a month ago. I never met the sellers, sellers' realtor, or anyone else involved in the transaction until the closing date in person. Everything was done digitally including near all communication. I was able to take as much time as I wished to read over everything I was signing. On the closing day it I met the sellers for about five minutes and was with the lawyers for about thirty minutes. The whole process is vastly improved.
Re:State Farm uses payment signature for HIPAA disclosure au...
by c0restraint on Thursday January 30, 2020 @09:36AM
(#22191526)
I've signed mortgage documents several times in the past few years, and I've had the opposite experience. The first time they openly scoffed at me for taking the time to read it. Took about two hours to read >100 pages.
Re:State Farm uses payment signature for HIPAA disclosure au...
by true_religion on Thursday January 30, 2020 @11:14AM
(#22192462)
I had a very different experience.
When I bought my house, we were taken into a room with the selling and buying agent, and they read the mortgage document aloud, and asked if we had any questions after each page that we had to sign.
They said that was the law in the area. It took about 3 hours, and every party went home with a copy with the 4th copy getting filed with the county.