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…
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 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…
This is an actual email from a real life potential client: “Subject: Consultation for Mortgage inquiry To whom it may concern, I was wondering if it would be possible to set up an initial consultation in person, regarding an issue that I am having with understanding my rights as a first time home-buyer. I am…
For those of you that check back on this website and blog periodically to find out whether your forgiven debt from your short sale in 2015 will be taxable or not . . . . the year is 3/4th complete and we still don’t know. As you may recall from 2014 . . . it…
A wise man once said, and many wise real estate investors have repeated it : “You make your money when you buy, not when you sell.” The point is that you don’t want to overspend on an investment or you can forget realizing a profit in this lifetime! Sometimes it makes sense for a buyer…
At the intersection of Inventory, Income and Interest rates, we find the biggest pool of eligible buyers of new homes. New road projects at that point on the map appear to be moving to a place that will reduce the pool of eligible buyers. Take a minute and listen to the Real Estate Industry Blog…
Among our sustained flow of new short sale clients, we still have surprising instances of absolute misinformation about the process that causes many homeowners to suffer from the paralysis of analysis and delay starting their short sale for far too long. Sources of misinformation are plentiful, and that is before you even get to the…
