With home sales activity increasing throughout the country, sellers are feeling excited about better prospects. Some national mortgage programs are less restrictive than in recent years, and buyers needing home financing feel relieved. Despite optimism, sellers and...
THE LAW OF HOLES The “Law of Holes” states that “when you find that you’ve dug yourself into a hole, stop digging”. It’s a simple rule, yet so difficult for many people to follow. Here are three reasons people who “go it alone” should seek professional guidance for a...
Misleading professional titles, such as “Foreclosure” or “Short Sale” expert harm an unwary public warns veteran real estate attorney. Keys to successfully resolving a financial or legal crisis begin with selecting the right licensed advocate....
Household credit use is at historic levels. Not since 2007 have credit use and home equity lines been higher, and homeowners are once again starting to feel the pinch. These days my work has been focused on issues related to this crazy real estate market; I am...
As if purchasing or refinancing a home isn’t stressful enough, the key professional players in a real estate transaction don’t necessarily have their client’s best interests in mind. Contractual limitations, professional conflicts of interest, and lack of proper...
Memorandum of Land Contract I prepared a land contract for the seller of an investment home for her tenant. As part of the process, I drafted a Memorandum of Land Contract (“Memorandum”) for the parties. My seller had sold several properties on a land contract but had...