For the past several quarters, many of our closings for home buyers in the starter home or first move-up category have revealed a loss of FHA market share. It seems that the traditional market for FHA appeal was the 1st or 2nd home market with buyers lacking a substantial down payment. FHA loans can allow…
As 2016 comes to a close and I reflect on the reasons for various real estate transactions going into an adversarial mode, a couple of trends stand out: Real Estate Closings, despite centuries of experience and practice, can be complex monsters. . . and Dodd Frank and all previous attempts at consumer protection consistently…
Christine Parrish, Another Friend of our Firm submitted this very informative article article on Solar Energy, the Pros, Cons, and ways it affects the value of your real estate investment (Let us know if you’d like to submit an article to this blog for consideration and republication!) Dear Charlie, In many parts of the U.S.,…
You might not notice from reading our Blog but we actually love helping our clients with business transactions as much as real estate transactions! I never thought I’d hear something so coherent from someone sometimes thought of as a “Hollywood Ditz”, but this interview is a very interesting and thought provoking lesson for young entrepreneurs:…
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…
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…
Over a 36+ year career in the real estate conveyancing industry, I’ve had a chance to see insurance products that change lives for the better and some that absolutely disappoint. What got me thinking about this today was this “perk” for buying “Lost Pet Insurance”: “Found Pet Travel Assistance — Covers up to $500 to…
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…
