For weeks now, based in part on the economic gloom forecast for real estate values from west coast based lenders, we’ve been encouraging our real estate investor clients to wait just a little longer but save your cash and there will be some ‘incredible’ values coming onto the market soon! The inevitable response: How…
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…
https://thenationalrealestatepost.com/from-grace-to-entitlement/ Thanks Brian and Frank and the National Real Estate Post team. Great Reminder. From all of us at Anderson & Pittman, to all of the folks without whom we couldn’t have helped put some many homeowner’s into the American Dream. . . . Thank you! Thanks to the title examiners, the appraisers, the credit…
Given the paranoia over Russian meddling in US elections, and now revelations that there may be cyberbombs ready to explode in our softwares that run our public utilities . . . and now the N. Y. Times makes the treasonous revelation that the U. S. has taken to counter-terrorism against Russian utilities! Where will it…
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…
For years, creative defaulting homeowners and their attorneys have thrown up a phalanx of new and old defenses to slow down the foreclosure process. The best defense has always been to live in a “judicial foreclosure” state where the court system must be invoked by the lender in order to take back a property for…
As a law student I was blessed to get a part time summer job shadowing the old law clerks who helped manage the dockets of the judges and document the outcome of cases being tried. Most of my Clerk Mentors (tormenters?) were retired military and were probably hired as backups to the armed bailiffs to…
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”,…
One of the novel questions we received in the new year concerns short selling a property held by a Trust. Many a well intended realtor has done their job only to miss the pay day (and reimbursement of advertising fees) when attempting to sell a property when they find that the person for whom they…
