Given the paranoia over Russian meddling in US elections, and now revelations that there may be cyberbombs ready to explode in our softwares that run our public utilities . . . and now the N. Y. Times makes the treasonous revelation that the U. S. has taken to counter-terrorism against Russian utilities! Where will it…
Today’s lighthearted blog is really just a link to connect to another video blog: https://thenationalrealestatepost.com/flipper-using-uber-drivers-to-find-distressed-homes/ The NREP (National Real Estate Post) gives us a few national statistics to ponder on flipping and a novel new idea on how to preserve your market share. First, the percentage real estate transactions that end in sales to flippers…
One of the novel questions we received in the new year concerns short selling a property held by a Trust. Many a well intended realtor has done their job only to miss the pay day (and reimbursement of advertising fees) when attempting to sell a property when they find that the person for whom they…
My closing attorney never required wires from me in the past, why does he require a wire now? Why can’t I give him a cashier’s check? Don’t take it personally. The wire is becoming the soul source of funding because it is the fastest way to deposit money that is available in the shortest time. …
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…
Among the more common “creative financing” alternatives in Virginia are the “Contract for Deed”, or “Land Contract”, and the “Land Trust”. Creative financing often becomes necessary when you have a Seller very motivated to Sell, but who who has very little equity and does not want to do a Short Sale or rent the house…
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…
