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Home | Real Estate Legal Advice Site Search 

Real Estate Legal Advice Everybody Should Know When Undertaking Any Property Transaction Or Mortgage

This department covers real estate legal advice that everybody should be aware of, especially loan officers and mortgage brokers. These real estate training articles are presented here for informational purposes only and it is advised that you seek proper legal counsel before choosing a course of action. The more knowledeagable you are as a loan officer, the more mortgage loans you'll close.

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Working With Your Real Estate Attorney
Purchasing or selling a home will probably be one of your largest and most important financial transactions. Before signing a contract to purchase or sell a home, both buyer and seller should consult an attorney to assure that the real estate transaction will be handled legally and professionally. . . . read more
Negotiating The Real Estate Contract
Negotiation is the process of communication back and forth in order to reach a joint agreement. There is no "one size fits all" strategy of negotiating a real estate contract. Many of our clients have been very experienced negotiators, and we have learned a great deal from them, as well as from books on the subject. . . . read more
Real Estate Bankruptcy
Although real estate bankruptcy cases no longer dominate the bankruptcy courts' dockets as they did in the early nineties, but they continue to be filed with great frequency. At its essence, the real estate bankruptcy is a two party dispute between mortgagee and mortgagor. Real estate bankruptcy cases are typically filed after a foreclosure sale has been set. . . . read more
The Pros And Cons Of Hiring A Real Estate Lawyer
You're travelling in a foreign country and you get arrested for something that you didn't even know was against the law. The potential fine is huge, more than you earn in 10 years. Would you represent yourself in front of judges who might not even speak your language? Not if you had any sense you wouldn't. You'd probably hire a lawyer. . . . read more
Should You Use An LLC For Your Real Estate Investing? Probably--And Here's Why
Accountants and attorneys love limited liability companies. But do limited liability companies--LLCs for short--really make sense for real estate investors. Probably they do for two almost unknown reasons. . . . read more
Estate Planning: Real Property Disbursement Problems
Many parents want to give an equal share of the family home or some other sentimental form of real property (actual land usually) to their surviving children in equal shares. As an estate-planning attorney, one often sees the strange problems created by such plans. In particular if there are an even number of children, this may create hardships as voting blocks of family members eventually have to resolve votes that are evenly split in court or at least face the hardship of that choice among their siblings. . . . read more
Fishy Frauds In Real Estate Investing Beware
Rip off artists appear in all shapes and sexes. They usually are nice looking, well dressed and very smooth talkers. They, in conversation, tell you about a financial killing they made, or are in the middle of closing. Then they change the subject. A really smooth talker never asks or suggests you invest. . . . read more
The Mortgage Elimination Scam
The mortgage elimination promoters cite various court cases in support of their position. At first blush, it would seem there are dozens of court cases in which the judge actually did what they claimed, that is, declare a mortgage void because the lender used borrowed funds for the loan. But, since most laymen are not trained in the law, they take this stuff, hook, line and sinker. . . . read more