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…
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 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”,…
I guess it only makes sense that if you are going to steal money from someone, you do it at a time when they have the most access to cash that most people will ever have: when they are spending their savings or the proceeds of a big mortgage loan to buy a home! Go…
Many experienced home buyers, sellers and investors are still surprised to learn of the new closing requirements concerning funding. For years, the gold standard at closings was to bring funds by a “certified check”, “cashier’s check”, or other paper draft of a bank account. Unfortunately, while these legitimate real estate moguls have been out there…
By now you have probably heard that Equifax was hacked by cyber criminals several months ago. They were kind enough to alert the public that the event happened nearly a month after they discovered the breach. Over 148,000,000 people are likely affected. As if having your personal information, including SSN, DOB, addresses and credit card…
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.,…
People Die. Statutes of Limitation Run Out. Loan Commitments Expire. Creditor companies go out of business. Witnesses relocate. Co-Owners become estranged and quit cooperating. Foreclosing Trustees refuse to postpone auctions. Memories fade. All these realities added together make a pretty compelling reason to know about and start fixing possible title problems at the earliest possible…
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…
These are some very helpful recommendations that one of our long time clients took the time to compose and share. The client prefers to remain anonymous but you should know that this gentleman has an incredible resume’ which includes running multi-million dollar businesses and overseeing commercial construction campaigns as well as several of his own…
