County Seat: Flint. Location: The southeastern part of Michiganâs Lower Peninsula near 43Â°1'N 83Â°42'W. Area: Genesee County has a total area of 648 square miles (1682 sq km). Approximately 638 sq miles (1652 sq km) of it is land and 10 sq miles (26 sq km) of it is water. Topography: Most of the land in the county is relatively flat, but the southern end is hilly and covered by several lakes.
The right of rescission requires lenders to provide certain material disclosures and multiple copies of the right of rescission notice to EACH owner of the property.
Additionally, vacation/second homes and investment properties do not have a rescission period, even if it is a refinance transaction! Also, there is no right of rescission if the borrower is refinancing their loan with the same mortgage lender the loan was originally financed with. *For cash-out refinances financed with the same original lender, the cash-out amount is the only portion that carries a rescission period.