Continuing education is a core value for members of the Raleigh-based Luxury Home Marketing Group. June’s meeting focused on a presentation from Towne Mortgage of the Carolinas (NMLS#51213) detailing new mortgage disclosures that will be impacting the real estate closing process.

“At our heart, we are a networking group,” said LHMG President Jill Rekuc. “Continuing education is critical to the advantage we provide. We represent clients selling homes in the $750,000 range and higher. Sessions like this provide the most updated information possible to buyers and sellers in this segment of the Real Estate marketplace, while helping them maximize the value in their transactions.

Denise Beatty of Towne Mortgage of the Carolinas detailed the new mortgage disclosures and closing procedure-changes, for loan applications taking on or after October 3rd. These new integrated mortgage disclosures are all in an effort to help the consumer “Know before they Owe.” These new changes may increase the amount of time necessary to close residential real estate transactions.

June’s tour included the following homes: 1004 Chagford Way, Devon, Raleigh represented by Kimberly Conroy; 1118 Baslow Brook Court, Chatsworth, Raleigh, represented by Linda Bird Kolarov; 6833 MacTavish Way, MacTavish, Raleigh, represented by Linda Craft; 8816 Valentine Court, Richmond Hills, Raleigh, represented by Lindsay Taylor.