Topic: Three Day Right of Rescission
Answers to Common Questions
What is the three day right of rescission?
Federal law gives you a cooling-off period when you get a home equity loan or line of credit, or when you refinance with another lender. It is called the right of rescission. It allows you to rescind, or cancel, some types of home loans and... Read More »
Source: http://answers.yahoo.com/question/index?qid=20080818134313AABNqXx
What is a three day rescission period?
Rescission-you have the right to cancel a loan during the 3 day period which starts after you sign the loan agreement. The loan will not be funded (they won't give you the money) until the rescission period is over. Co-signers-when you do n... Read More »
Source: http://answers.yahoo.com/question/index?qid=20090628183515AAUBd4q
What is the 3 day right of rescission in Washington State as refe...
State of Washington does not have a 3 day right of rescission on the purchase of any vehicle. The 3 day right of rescission I belive is limited to in home purchases such as a solicitor that comes to your home. Read More »
Source: http://wiki.answers.com/Q/What_is_the_3_day_right_of_rescission_i...
Answers to Other Common Questions
The 3 day right of rescission has to be given to you in certain cases (refinance of a primary residence, when obtaining a second mortgage/HELOC on a primary residence, etc). It essentially means you are given 3 business days (not including ... Read More »
Source: http://answers.yahoo.com/question/index?qid=20070911223816AAS6Cat
There is no such thing as a "Mechanic's Lien Contract." If, as the previous answerer guessed, you are actually asking about a home improvement contract for work you will be having a contractor do on your residence, the recission rights and ... Read More »
Source: http://answers.yahoo.com/question/index?qid=20071023091108AAc7KYj
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