Sat04182015

Business & Real Estate

New rule could delay closing of escrow

A new mortgage-loan regulation scheduled to take effect Aug. 1 could delay the closing of escrow if not understood by all parties involved, according to lenders.

The Truth in Lending Act – Real Estate Settlement Procedures Act (TILA-RESPA) Integrated Disclosure rule requires changes to the traditional mortgage-loan acquisition process. Issued by the Consumer Financial Protection Bureau, the changes combine the mortgage disclosure established by TILA-RESPA into a single rule. However, a lender panel at a Silicon Valley Association of Realtors meeting reported that the move to simplify the process has created confusion that could delay the closing of escrow if the new rule is not studied carefully.

Read more...

Transactions

Los Altos/Los Altos Hills

100 First Street No. 109, Los Altos8 Limited to Hyman Trust for $978,000

100 First Street No. 307, Los Altos8 Limited to Carroll Trust for $1,055,500

Read more...

Transactions

Los Altos

100 First Street No. 201, Los Altos Limited to Geschke Trust for $4,941,000

100 First Street No. 309, Los Altos Limited to Zauderer Trust for $1,425,500

Read more...

Transactions

Los Altos

100 First Street No. 201, Los Altos Limited to Geschke Trust for $4,941,000

100 First Street No. 309, Los Altos Limited to Zauderer Trust for $1,425,500

Read more...

Transactions

Los Altos

100 First Street No. 201, Los Altos Limited to Geschke Trust for $4,941,000

100 First Street No. 309, Los Altos Limited to Zauderer Trust for $1,425,500

Read more...

International homebuyer interest strong in state

Special to the Town Crier

Despite rising home prices and the appreciation of the U.S. dollar, California continued to be a destination spot for international buyers in 2014.

Read more...

International homebuyer interest strong in state

Special to the Town Crier

Despite rising home prices and the appreciation of the U.S. dollar, California continued to be a destination spot for international buyers in 2014.

Read more...

Schools »

Schools
Read More

Sports »

sports
Read More

People »

people
Read More

Special Sections »

Special Sections
Read More

Photos of Los Altos

photoshelter
Browse and buy photos