Many of our clients make much ado about not wanting unnecessary or unauthorized “inquiries” on their credit. Conscientious credit rating maximizers know that too many inquiries can cost you a few points! But what is a few points when compared to months or years of paying a higher rate of interest simply because you didn’t…
Researching who you hire was once almost entirely a “word of mouth” affair. Then came the Yellow Pages. Mix in a little TV, print media, radio, mailers, and basically, any service provider could initiate their own “word of mouth”, self-aggrandizing recommendation. Fast forward to the age of the internet. The emphasis these days is on…
Would that life were so simple that one DEED would fit all such transactions!!!! But if no one has told you today, please be assured that drafting a correct and appropriate deed to pass down real estate titles between generations is anything but simple! It is certainly not a job for a person not licensed…
Hate to Brag, but I blame YOU! Top 3 Real estate lawyers Virginia Beach, VA Charles D. Pittman Congratulations! You are now listed as one of the Top 3 Real estate lawyers in Virginia Beach, VA. We would like to Thank You for providing consistent high quality in your area of business. Our review…
This week I had a client ask me if I’d had much experience with internet lenders. A visit to a website, an email exchange, and a voice on the phone and my client had a quote on his interest rate that fell into the category of “too good to be true”. “Can I trust…
For the past several quarters, many of our closings for home buyers in the starter home or first move-up category have revealed a loss of FHA market share. It seems that the traditional market for FHA appeal was the 1st or 2nd home market with buyers lacking a substantial down payment. FHA loans can allow…
As 2016 comes to a close and I reflect on the reasons for various real estate transactions going into an adversarial mode, a couple of trends stand out: Real Estate Closings, despite centuries of experience and practice, can be complex monsters. . . and Dodd Frank and all previous attempts at consumer protection consistently…
This year’s (11-8-16!!) ballot has the potential to be a little more complex than usual. In my city there is a referendum on Light Rail, a question on exempting widows of First Responders killed in the line of duty from real estate taxes, and a constitutional amendment on keeping Virginia a “Right to Work”…
People Die. Statutes of Limitation Run Out. Loan Commitments Expire. Creditor companies go out of business. Witnesses relocate. Co-Owners become estranged and quit cooperating. Foreclosing Trustees refuse to postpone auctions. Memories fade. All these realities added together make a pretty compelling reason to know about and start fixing possible title problems at the earliest possible…
Kudos to one of our legal network affiliates of Attorney Short Sale Negotiators who answered this question as succinctly and accurately as you could ever ask: Should real estate agents negotiate short sales? No. Absolutely not. It is replete with legal issues, risks, deficiency issues (amounting to tens or hundreds of thousands of dollars of…
