There is a new and disturbing trend in foreclosure cases and short sales. "Experts" are advising distressed home owners to place their home in a revocable trust and appoint themself as trustee. There would be advantages to this, but I am suggesting that such home owners consider some free legal
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04/28/2011
There is massive increase in the number of investors purchasing real estate notes. Many first time real estate investors are jumping in as the "experts" explain to them how easy it is to make a fortune buying notes. Of course, there is also danger. Purchasing a seller financed note is not much
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04/28/2011
A lease purchase is typically a lease with an agreement to purchase at some point in the future. They are frrequently also referred to as lease options. One or two years in the future for the purchase is typical. There is normally some consideration paid for the option to purchase in the future.
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04/28/2011
As reported by the Los Angeles Times, and others, those servicers involved in the robo-signing settlement may now be forced to permit modifications, principle reduction settlements, and short sales. While the terms of this proposed settlement are still being negotiated, the impact of the settle
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04/14/2011
While many families struggle to find the funds to purchase their own home in today’s market where the deals abound but credit is tight, real estate investors are making the market work by buying in bulk. According to the National Association of Realtors, real estate investors represented 17 perc
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04/13/2011
OK, this really doesn't have anything to do with real estate...but real estate is vulnerable to economic irresposnsibility...sooooo, I am speaking at a conference in Orlando...for the record, discussing Autologous Adipose Derived Stem Cells vs. Pluripotent stem cells in muskulo-skeletal deficienc
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04/08/2011
Yes, I am from Jersey and I am going to blog about HAFA...not Jimmy Hoffa but HAFA HAFA! LOL HAFA has largely escaped the sights of Republican members of Congress targeting current programs that they believe are draining taxpayer money and doing little, if anything, to help homeowners. It appea
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04/08/2011
I have had success with loan modifications and short sales. Tremendous success with foreclosure defense either as an attorney or an expert witness. There is one central element to all of this success: a report of title. More often than not, there is some defect in the chain of title in fore
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04/06/2011
Government-controlled Fannie Mae and Freddie Mac may soon have to find a different source of funding if Republican congressmen get their way. They have drawn over $150 BILLION in taxpayer support!! Senators John McCain (R-AZ) and Orrin Hatch (R-UT) introduced legislation yesterday that would per
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04/05/2011
Last week a New Jersey judge created a special position for an individual to oversee foreclosure proceedings. Superior Court Judge Richard Williams has been appointed “Foreclosure Overseer,” meaning that he will oversee foreclosure matters in the state and “safeguard the foreclosure process.” Th
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04/03/2011