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Firing Your Realtor in Michigan
Agent Fails to Meet Expectations Whether you hire a real estate agent to help you sell or buy a home, the relationship you have with your agent can have its challenges, especially in the fast-paced business of real estate sales, which by its very nature involves...
Real Estate and Probate In Michigan
The Problems With Real Estate and Probate in Michigan At least several times a month, I receive a call from someone regarding a home or property that belonged to their parent or other family member who has died. Lack of a Will or Deed Usually, they encounter a problem...
Before Signing a Contract You Should Know………..
Many people fail to read and understand the provisions of their contract for goods or services until it’s too late. Almost eighty% of a standard contract regulates the positive relationship between parties, focusing on the excitement of “who gets what, for how much...
Michigan Seller’s Disclosure Act and the Seller’s Legal Obligations
SELLER'S DISCLOSURE STATEMENT Consider this scenario: The Sellers were having problems with their furnace. They had different heating contractors inspect and attempt to fix the furnace. Some said the furnace should be replaced, while others would make repairs that...
5 Practical Tips for Land Contract Sellers
5 Practical Tips for Land Contract Sellers A land contract is the appropriate document to use when the parties to a real estate transaction engage in seller financing. Here are five tips for making the experience easier for a land contract seller. The list is by no...
Reducing A Real Estate Investor’s Legal Exposure: The Importance of Having an Operating Agreement
Create a Limited Liability Company Real estate investors should consider forming a limited liability company (“LLC”) for their business. Forming an LLC has two benefits. It allows for simple tax reporting at the owner’s tax rate while limiting the owner’s legal...
Protecting a Senior’s Real Estate Assets: 5 Ways to Help Seniors Avoid Elder Financial Fraud
Protecting a Senior's Real Estate Assets I recently had a client who came to me complaining about an investment home that their 74-year-old father owned. He had sold the property to a real estate agent’s son for a substantially below-market value. Considering the...
The Fear Is Real: What NOT To Do After The Equifax Data Breach
September 29, 2017By Teresa Dixon Murray, The Plain Dealer CLEVELAND, Ohio -- In the week since Equifax disclosed its horrific data breach, much has been written about what to do. Now, it's time to talk a bit about what NOT to do: Don’t think that because you’ve never...
Alternative Business Loans: A Source of Capital or Problems?
The “ Great Recession” of 2008 had a lingering effect on how banks lend money to small business owners and entrepreneurs. Gone are the days when small businesses had fast access to bank credit at competitive interest rates. Instead, alternative non-bank lenders led by...
Opening a New Business: Top 3 Things New Business Owners Shouldn’t Ignore
According to business periodicals such as Entrepreneur Magazine Inc. and Forbes, with the beginning of each year comes an increase in new business start-ups. Perhaps this is because people are seeking an increase or alternative means of income, job independence, or a...
Meet David Soble
DAVID SOBLE
Real Estate & Finance Attorney