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Foreclosure Notice: What To Do Next
This question concerns a notice of mortgage foreclosure for a commercial property. Just so you know, commercial property, like residential property, can also be foreclosed upon. The question comes from Scott S. of Shelby Township, who owns a restaurant and the...
What You Need To Know About Free Legal Forms
This question comes from Sarah Milner, who I had met last week at a real estate investor function. Sarah asks if there is anything wrong with sharing legal forms between friends and colleagues; after all, they're free!! Free Real Estate Forms There is not a day that...
Mortgage Dispute Resolution
Today I am answering a question from a homeowner in Clarkston concerning a mortgage dispute. He's seeking a "mortgage resolution" to his problem. He writes: "I received a call from a new mortgage company stating that they now own my mortgage. It is for an old second...
Michigan Legal Forms: Reducing Legal Risks Associated With Free, Online Legal Forms
A question I was asked: “As an investor in real estate, wouldn’t I save money using legal forms off the internet instead of hiring a real estate attorney?” The internet makes it easy to go online and download a legal form. Need a lease? Go online. Need a deed....
Legal Issues Encountered When Inheriting a House
Here's a question related to inheriting real estate. It comes from Marlene from Shelby Twp, who writes: “I want to sell a home that I inherited from my mother. I owned the home together with my mother before she passed. I know this because we created the deed together...
The Differences Between Using A Real Estate Attorney vs. A Title Company
What Does a Title Company Do? As a real estate attorney in Michigan, I’m often asked what the difference is between using a real estate attorney and a title company in a real estate transaction. Title companies ensure that a legal title to a property or piece of real...
Mortgage Disputes: Time Limitations Borrowers Must Know
As a Michigan real estate and finance attorney for almost thirty years now, I’ve dealt with mortgage and financial disputes between borrowers and lenders. Years ago, the lending environment was very easy to maneuver and there were very few, if any, federal regulations...
Why You Want an Attorney to Draft Your Contract
It never ceases to amaze me when someone engaging in a real estate transaction or a loan agreement prefers to write up their own documents without the benefit of a licensed and experienced real estate attorney. Instead, they'll buy a building, buy a home, lease retail...
How To Terminate a Contract: The Many Ways to End a Legally Binding Relationship
There are many reasons you may want or even need to terminate a contract and there are several legal ways that you can terminate a contract. But remember, if you decide to terminate a contract, you should make sure that the termination is going to result in the least...
Common Legal Issues for Home Sellers
There are so many legal situations that can arise when selling a home. Here's just a few of the more common issues that Michigan home sellers face. Seller Disclosure Form One of the problematic areas for home sellers concerns what a seller should disclose about a...
Meet David Soble
DAVID SOBLE
Real Estate & Finance Attorney