Short Sales Made Easier
November 13, 2012If you’re underwater and facing financial distress, Fannie Mae’s and Freddie Mac’s new short-sale-reform policies may provide the help you’ve been looking for. Even if you are current on your mortgage payments, and never felt that you could qualify for a short sale and principal reduction, you could be in luck. Short sales allow borrowers and lenders to avoid the crushing costs of foreclosure by bringing in a new purchaser for the house at what… Read more
Eminent Domain – The Government’s Right to Take Your Property
October 20, 2011It may be hard to imagine, but that home you worked so hard to obtain can be taken by the government for the benefit of the greater good. In fact, the power of eminent domain has been a fundamental part our Constitution from the very beginning. Originally adopted by the American colonies from the common law, James Madison included as part of the Fifth Amendment the premise that “nor shall private property be taken for… Read more
Do You Know Where Your Real Property Stands?
April 7, 2011There are a multitude of strategies to build your wealth, with advice coming from all sides. Regardless of the strategy you choose to plan your future, like the overwhelming majority of people, the biggest investment you will make in pursuit of your dreams is right under your feet. If you received legal advice prior to purchasing your home or property, you likely know EXACTLY what you received in exchange for that big mortgage you have… Read more