201608.17
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Fear Mongering to Motivate Home Ownership?

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…

201606.29
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Short Selling in Divorce

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…

201605.27
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The Decade After

In the past roughly ten years, emphasis on roughly, nearly ten million (10,000,000) American homes were lost in foreclosure, short sales or deeds in lieu of foreclosure!   While our current tepid recovery continues at an underwhelming pace, there is clearly a lack of enthusiasm for home ownership.    The “American Dream” seems out of reach to…

201604.15
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Creative Financing = Creative Tax Headaches

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…

201603.31
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True Life Borrowing Experiences

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…

201510.09
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The Reason for all the Hassle – NPPI

The reason we must sometimes encrypt your email from our office is “NPPI”.   “Non-public personal information” about you is just about the most precious commodity we handle.  You entrust us with this information to enable us to represent you and protect your interests in suits, closings, and all kinds of legal processes.  What kind of…

201504.28
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When a Deal is not a Deal

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…