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That said if the closing costs are already given to everyone what would be the problem with formalizing the requirement?

There is so much time wasted putting together "new" requirements to deal with a supposed lack of existing requirements. I would much rather see enforcement of current regs than duplicates.

These duplicates make me question how much these people requesting them know what is going on. This isn't just about real estate. The debate over regulations for gun licensing post Sandy Hook comes to mind. Just an example...not looking to discuss that topic!

I confess I get very tired of the gov't anticipating the stupidity of the people. It used to be that we were expected to understand the consequences of signing on the dotted line before doing so, but it seems as though we've become conditioned to expect that Nanny Sam will kiss our boo boos and make them better when we do something stupid, so why bother making the effort to prevent our own stupidity?

IP
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