Luxury Home Marketing Group August Focus: Consumer Protection Rules and the Luxury Home Market

(Raleigh) – Raleigh’s Luxury Home Marketing Group focused on upcoming rules changes which may affect home buyers and sellers, starting this October.

“The Consumer Finance Protection Bureau (CFPB) has a series of new rules for homebuyers and sellers, beginning this fall,” said LHMG President Jill Rekuc. “We share information about regulation changes like this as part of our ongoing education among our membership. It’s one of the advantages we deliver to our clients, via the Luxury Home Marketing Group.”

Denise Beatty of Towne Mortgage of the Carolinas (NMLS#51213) outlined the details of the proposed changes. She briefed members on the rules, and indicated that while they were new regulations, they were unlikely to cause closing delays. The members discussed how important it is to have a close relationship with their staff and closing attorneys to ensure a smooth closing process.

August’s homes tour included the following homes: 2109 Mountain High Road, Wakefield, Wake Forest, represented by Linda Bird Kolarov, and 1020 Dickinson Circle, Chatsworth, Raleigh, represented by Kathy Beacham.

The Luxury Home Marketing Group is always seeking strategic partners. If your business involves elite homes, and you are interested in membership, contact President Jill Rekuc at 919-389-0555. Visit the LHMG blog, https://luxuryhomemarketinggroup.wordpress.com, website, http://www.luxuryhomemarketinggroup.com, and Pinterest board (http://pinterest.com/lhmgraleigh/) for more details. The Luxury Home Marketing Group’s marketing partner is Towne Mortgage of the Carolinas (NMLS #214800).

Background: The group was formed in 2004 as a coalition of luxury home real estate experts, representing luxury home buyers and sellers by applying extraordinary real estate expertise and service in Raleigh, Cary, Wake Forest, Durham, Chapel Hill, Research Triangle Park and surrounding counties. Executive Board members are: President Jill Rekuc of Olde Raleigh Real Estate, LLC , Vice-President Linda Bird Kolarov, Secretary Deborah Nance Treasurer, Lindsay Taylor and Past-President Linda Craft, Linda Craft & Team, REALTORS®. Members include Kathy Beacham, Shawn Britt, Kimberly Conroy, Steina DeAndrade, Ida Terbet, Mary Edna Williams, Mollie Owen, Leslie Young and Gail Perry.

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