The ever entertaining and thought provoking NREP (National Real Estate Post), formerly known as TBWS (Think Big Work Small) challenges our national leadership and loan regulators to promote home ownership by easing qualification regulations. /Shocking Zillow Renter Report The NREP blog also points out that the 50 year low in the home ownership index may…
For most divorces, a driving objective is closure. One or both of the parties has generally reached the state of being “over it”. Child custody, division of assets, and support issues are challenging. But there is another issue which can rain frustration on a divorce like a monsoon, and that is the disposition of real…
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…
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…
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…
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 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…
Over the past five years, our short sale practice has become ever more streamlined and efficient. We’ve seen time required for approvals drop as all the major lenders in the Virginia market recognize our firm name and even have first name relationships with some of our staff members who have been with us throughout the…
Still no news as of this post on the resurrection and extension of the Mortgage Debt Relief Act passed by President Bush in the final days of his administration. A proposed bill cleared the Senate subcommittee on finance several months ago but it has not made progress through the full Senate or House yet. President…
