Even as much of America starts to re-open for business, the consequences of the Pandemic are also just starting to hit Main Street. The latest statistics are that despite the Trillions in money pumped back into the business community and into the pockets of those who lost wages, about 1/3rd of America is now at…
In this era of HGTV, Flip or Flop, Flip This House, and my wife’s favorite – Fixer Upper . . . it is easy to under-estimate the challenges of being a first time real estate investor. At its worst, what you are wagering is that you think you can successfully compete with more experienced property…
The big news in the last few years has been that many 20 and 30 somethings have a different priority and value system when it comes to home ownership than their parents had. Low and Behold, home ownership has moved up the Millennial priority list! There is a shift of attitude happening statistically and the…
So you know you need to sell your home. The reasons are many. The alibis for procrastination are also many. Sometimes procrastination works in your favor. Low priority things that you ignore long enough may eventually become altogether unnecessary. How high a priority is it to sell your home? Once you find the motivation and…
So you need to sell but you don’t have the equity to cover a 6% real estate commission, or you WON’T pay a commission. For many home owners, the choice may be Short Sale with an agent or FSBO. In any event keep in mind a few important nuances of selling without an agent, “FSBO”,…
Ever since the knee jerk reaction to the crash of Oh Eight, self-employed borrowers have often been intimidated away from the mortgage application process. Despite self-employed (the “gig economy”) vocations growing as a market segment, Fear and trepidation have caused a significant 10 year drop off of self-employed applications for home loans. Dodd-Frank, the 900…
I guess it only makes sense that if you are going to steal money from someone, you do it at a time when they have the most access to cash that most people will ever have: when they are spending their savings or the proceeds of a big mortgage loan to buy a home! Go…
Today’s blog is both a resignation to our recently shattered rainfall records and a shout out to a former Associate of our Firm who opened his own firm in Virginia Beach and Williamsburg, Virginia, as an Estate Planning Specialist. John S. Burton, Esq., wrote the following pithy newsletter to educate consumers on the need for…
What good is it if a lender claims to have the “highest customer satisfaction ratings” if the customer service surveys they use are all obtained immediately after closing? Sure, it was so simple to close with X, Y, Z lender, so few documents! they even sent a notary to my house to show me where…
To quote a philosophical Bruce Lee, pioneering marshal arts movie star, when he was interviewed shortly before he died from accidental fight injuries in filming: “There is only one way to come into life, but many ways to go out of it.” Many people want to know what is the most common way for a…
