REOCON Summit & Expo January 26-28 2013 Hilton Anatole Dallas TX To sign up now go to: www.reoconsummit.com and click the register now button!   Reocon Summit reoconsummit.com REOCON Summit & Expo is almost here and is the First major Confethisrence of the new year. So many changes are happening to our industry you just can't afford to miss the opportunities that come with this fantastic event! I highly recommend the REO CONN summit, I do know several of the speakers. Some of the speakers are national and International speakers, take this opportunity to hear some of these world class speakers. www.BrowningRealEstateSchool.com   12/18/2012

 A lease can be best described in any number of ways, as long as the names of the parties, descripiton of the property, rent amount, and duration of lease are included. Sometimes in the rental / lease contract the words "to let" or "to demise" , (another way to say "to rent") , will be found, but those words are always optional. Actually when i was in college i leased a house for my junior and senior years. On the lease contract it had the words "to demise" I asked the landlord what that meant and even took a dictionary to verify that.Leases for longer than one year ( 1 year plus 1 day ) must be in writing according to the California Statute of Frauds. However, it is common sense to put all lease agreements in WRITING. Verbal agreements are diffcult to hold ground in court if a disagree... 12/22/2006

Real Estate Settlement Procedures Act (continued)With the Good Faith Estimate buyers and borrowers will be able to make informed decisions during the loan/sale transaction and the settlement and escrow process. A lender may NOT charge anyone in connection with the preparation of the Good Faith Estimate - Uniform Settlement Statement or distribution of the Special Information Booklet. Almost all lenders fall under RESPA , except for loans made by private parties. The disclosure requirements  are primarily the responsibility of the lender. RESPA regulates specified disclosures at the time of the loan application and at or before the time of settlement or closing of escrow. Violations of this law can be penalized by one year in jail and / or a $10,000.00 fine. Real estate brokers acting as... 12/04/2006