We are often asked how to have great closings, and it truly does take a whole team.
Recently a mortgage buddy told me there are 1000 things that can go wrong from the time a person starts to look for their home until they close. There are so many humans using so many programs and hardware that what’s amazing isn’t the little hiccups but rather how often things go right.
More specifically, the Franchise Rule gives prospective purchasers of franchises the material information they need in order to weigh the risks and benefits of such an investment. The Rule, primarily enforced by the Federal Trade Commission ("FTC") at the federal level, requires franchisors to provide all potential franchisees with a disclosure document (commonly known as the "FDD") containing 23 specific items of information about the offered franchise, its officers, and other franchisees.