A water front home like this is rarely on the market. This 6,500 Ft2, 5 bedroom home sits on 1/2 acre close to the beach in desirable Manasquan, New Jersey. Hardwood and stone floors, 3 fire places, and a master suite that is second to none. Master suite features a master bath with marble walls a
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11/26/2011
I always stated that a bone fide third party purchaser has a lot of rights when they purchase a property in a foreclosure auction sale. They should have a lot of rights because they did nothing wrong in the transaction and they have every right to assume that they will get good and marketable t
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11/23/2011
According to Realtor Magazine a product of realtor.com, Fannie Mae and Freddie Mac will be implementing new short sale guidelines after the first of the year. It appears that everyone involved in a short sale will be liable for “negligent or intentional misrepresentations in the transaction” a
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11/22/2011
Everyone is probably familiar with the atrocities committed by members of the Penn State football coaching staff against young children. There is little debate that atrocities against children are the worst of all because children cannotdefend themselves and are not armed with knowledge sufficien
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11/20/2011
I have been looking for a new place in the Giant Litter Box (Las Vegas). I refer to it as that because everyone visits here and takes a dump and leaves....and instead of lush greenery (admittedly difficult in these climes) they have rocks everywhere that look like litter box pellets. Anyway, it
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11/19/2011
A few days ago, I wrote a blog about the four reasons why lender restrictions in short sale addenda are unenforceable. To recap, they are: The Four Components 1. The restrictions are required without legal “consideration” and are therefore invalid; 2. The restrictions are voidable bec
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11/17/2011
A few days ago, I wrote a blog about the four reasons why lender restrictions in short sale addenda are unenforceable. To recap, they are: The Four Components 1. The restrictions are required without legal “consideration” and are therefore invalid; 2. The restrictions are voidab
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11/15/2011
Some days are so bad that you have to laugh when the day gets even worse. I was on the phone for three hours yesterday with Wells Fargo on a short sale that is in bankruptcy. Normally, I prefer short sales in bankruptcy because the bankruptcy departments have a higher caliber of negotiator and th
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11/10/2011
Yesterday, I wrote a blog about the four reasons why lender restrictions in short sale addenda are unenforceable. To recap, they are: The Four Components 1. The restrictions are required without legal “consideration” and are therefore invalid; 2. The restrictions are voidable because
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11/09/2011
The reason that short selling lenders cannot legally enforce their restrictive affidavits has four basic legal components. I will address each in a separate blog because of the length of each component. The Four Components 1. The restrictions are required without legal “consideration” an
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11/08/2011