201405.07
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It Was Inevitable – Thanks a lot QM!

We try not to wander too far afield into the political end of things.  But sometimes you just have to give credit where credit is due and point out some of the obvious consequences of laws affecting lenders, borrowers, default, and legal ramifications.   Dodd-Frank and the ensuing Quality Management or QM regime enforced upon the…

201312.20
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Lawyer Stereotypes

Whether it was Perry Mason, LA LAW, or an actual relationship with an attorney, most of us have stereotypes of attorneys.  Not only attorneys in general, but the way you think of an F. Lee Baily or Johnny Cochran type litigator is probably not the same way you feel about a Tax Attorney.   When you…

201311.30
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Dog Days of the Short Sale

Some clients who come into our office to sign documents to shed the albatross of an upside down home, have asked, “why do you have a dog in the office?”   First I must point out that many enlightened organizations permit well trained canines at work.  Dogs have long since proven their worth in law enforcement,…

201311.07
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Divorce + Upside Down Residence = Potential for Disaster

Please click this link and check out an article I was invited to co-author with one of our firm’s realtor friends, Dennis Blackmore:   http://dennisblackmore.com/2013/11/07/divorce-short-sale/ Complications of Divorce under Virginia law can make real estate transactions more difficult.   The article addresses some of the most common pitfalls in completing short sales in Virginia while also dealing…

201310.09
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More Good News / Bad News

The Good News on this rainy day 3 of a moderate Noreaster in Tidewater, Virginia, is that foreclosures and “shadow inventory” continue to decline.    The meteorologists tell us we have a couple more days of winds and much needed rain off the Atlantic Ocean.  Likewise, the economists predict that our financial storm is not over…