Newsflash! HUD (the Department of Housing and Urban Development) has declared June as National Home Ownership Month! Some believe the hype is a way of trying to generate better economic figures and arguments for the incumbent party to convince voters that the incumbent party deserves another four years in the White House. According to DS…
Recently, a client wrote us: “I am currently living in a condo in which my landlord was foreclosed on. We have been paying the condo fee, but haven’t heard anything from the bank. The bank has been in possession of the property for quite some time now and has never communicated with us in any…
In the past roughly ten years, emphasis on roughly, nearly ten million (10,000,000) American homes were lost in foreclosure, short sales or deeds in lieu of foreclosure! While our current tepid recovery continues at an underwhelming pace, there is clearly a lack of enthusiasm for home ownership. The “American Dream” seems out of reach to…
Over a 36+ year career in the real estate conveyancing industry, I’ve had a chance to see insurance products that change lives for the better and some that absolutely disappoint. What got me thinking about this today was this “perk” for buying “Lost Pet Insurance”: “Found Pet Travel Assistance — Covers up to $500 to…
What could possibly go wrong? This is really troubling to me. Don’t let these casual loan officers from west of the Mississippi fool you. They are cutting edge scholars of our society, our media, our government, and our national commerce. They normally opt for more entertainment value, but today’s video-blog on the real estate industry…
On occasion we lose great employees, lawyers, staff, and friends of the firm as they go on to new callings or perhaps to meet their Maker. Thankfully, this edition’s ‘WHERE ARE THEY NOW” is about the former. Matt Pittman, former law firm digital maintenance expert, network and computer guru, file scanning department leader and firm…
We try to maintain a fairly objective and only mildly editorial real estate blog. Admittedly, the road to Hades is paved with our good intentions at times. So in the interests of keeping a clear conscience, I tell you unashamedly that the following is total editorial and opinion. Read no further if that bothers you. …
A client recently inquired of our law firm: “Hello – . . . My father has just passed away and his house was foreclosed on in a manner that raises questions. Below is a glimpse into our story: Early in the year we initiated a Loan Modification and were told that our application was being…
A client called today to have our lawfirm engage in a discussion with his CPA as to tax ramifications for “subject to” sales of homes. For those of you who have never considered using “creative financing” to sell your home or buy a home, a “subject to” means the buyer takes over the seller’s mortgage…
These are some very helpful recommendations that one of our long time clients took the time to compose and share. The client prefers to remain anonymous but you should know that this gentleman has an incredible resume’ which includes running multi-million dollar businesses and overseeing commercial construction campaigns as well as several of his own…
