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…
Perhaps no other profession in North America is in more dire need of respect and appreciation than that of realtor/real estate agent. Setting aside the jokes about the world’s 2nd oldest profession, even early caveman needed an “MLS” and an efficient way to evaluate all the important aspects of a prospective cave’s suitability to the…
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…
This headline out of Missouri at first seems encouraging to the average homeowner trying to find anyway possible to keep from having their home taken from them. Like this family in the featured story, many homeowners have done everything possible to “keep a roof over their heads”, including selling all the family jewelry. But unlike…
After we explain the benefits of short selling real estate, people often ask us . .. “so what is the drawback?” In a word – “Delay”. Relief in a shortsale is not as quick or comprehensive as it may be in a Bankruptcy, for example. But it may have the potential to heal your credit…
Under the pressure of yet another round of demands from Congress to ease the requirements for mortgage modifications and principal reduction modifications, the “GSEs” or quasi-governmental mortgage clearinghouses for mortgages – FNMA and FDMC (Fannie Mae & Freddie Mac) have rationalized their steadfast refusal to grant principal reduction modifications. http://www.dsnews.com/articles/fhfa-criticized-for-arguments-used-against-principal-reduction-2012-03-15. The rationale for disallowing 100%…
