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An Overview of the Legal Process for Litigation
OVERVIEW OF THE LEGAL PROCESS The method through which legal conflicts are settled through the judicial system is litigation. It is a formal process for settling disputes and is frequently used as a last option when all other attempts have failed. Understanding the...

Property Attorney – How Do We Help!
Real Estate Attorney Property Attorney Introduction It's crucial to have a property lawyer on your side when purchasing or selling a piece of property to assist you navigate the process and make sure that everything is done legally and appropriately. An attorney who...

Race, Notice and Delivery – The Importance of Filing Your Real Estate Deed
Race, Notice - The Importance of Filing Your Real Estate Deed The Meaning of "Race Notice" Michigan is a race notice state. When there are conflicting claims of interest in a property, the party who has recorded their interest first can claim rightful ownership...

Contract Violations
What happens if a builder uses my deposit and loan money without doing the work as agreed?Speaker 1: (00:03) This question comes to us from one of your fans, David, who says, I have seen many of your videos. So they must be quite excited to ask their own question...

Why You Need an LLC and Operating Agreement in Real Estate
This article discusses the importance of having an operating agreement for your limited liability company. Single-Member LLCs and Operating Agreements A single-member limited liability company ("SMLLC") is a one-owner business. The SMLLC is like a sole proprietorship,...

Earnest Money Deposits: Everything You Need to Know
Why Require An Earnest Money Deposit An Earnest Money Deposit, also known as a good faith deposit, comes from the prospective home buyer and it shows the buyer's commitment to the seller that they are serious about purchasing a seller's home. Once the buyer provides...

Business Valuation: 5 Major Factors That Really Matter
Business Valuation: 5 Things That Really Matter Whatever stage an operating business is in, there is often a need to put a value on the business. Whether you are applying for a small business loan, seeking an investment partnership, or planning to sell your business,...

Loan Workouts: A Solution for Missed Small Business Loan Payments
Your business is having financial issues, cash flow is tight, and you have defaulted on your business loan. What happens next and how do you work out of this situation? Having a brief understanding of commercial loan workouts is important for business borrowers to be...

How Can a Power of Attorney Help With Real Estate Documents?
Lisa, a realtor from Livonia, Michigan asks, “My seller's husband needs to sign papers to close the home. However, he is not lucid. Their realtor said she will get him to sign a power of attorney to his son. Is this right or even legal?" Attorney in Fact First, for a...

Top 10 Reasons Why You Need Property Title Insurance
The Top 10 Reasons for Title Insurance Title insurance is important for new homeowners to have because, while the home may be new to you, the property will have an entire ownership history of its own that may be unknown to you. Conducting a thorough title search can...
Meet David Soble

DAVID SOBLE
Real Estate & Finance Attorney