Buying a house is the single most expensive purchase we make during our lives. It’s stressful and time consuming to go through the escrow process to get those keys. Then, there is the time and cost of maintaining that home while keeping up with those mortgage payments, which may or may not include taxes and […]
I network with a lot of business professionals from around the financial sector because rules and information changes so frequently that I can’t keep up with all of it. Over a cup of coffee a few weeks ago, I was talking with experienced mortgage broker, Brigitte Archer of Oxford Capital in Lake Forrest, California and […]
It seems like the mortgage crisis is over and we’ve all moved on to better days. Have we really? I recently read an article that discussed whether adjustable rate mortgages are coming back too soon. Adjustable rate mortgages were being sold all the way into 2008 when the economy nearly collapsed under the toxic securitized […]
The Mortgage Forgiveness Debt Relief Act of 2007 has been extended twice already and has finally expired this week. California homeowners could avoid a tax hit according to this article. Senator Barbara Boxer sent a letter to the IRS seeking guidance on the effect of the expiration of the Act and the IRS Responded, from […]
There’s been such a heated debate about mortgage litigation and the UCC that I thought I would weigh in with my opinion and some insights. The Uniform Commercial Code (“UCC”) are rules designed to govern commercial contracts and land sale agreements such as an individual’s primary residence. There are two main articles under the UCC […]
We’re nearing election time and you would think that the economy is improving with the lower unemployment figures and other splashing news, except for our gas prices. I, however, am sensing something brewing on the horizon and wanted to share my observations here with you. This Huffington Post article about the attorney general settlement is […]
Tune in to AM830 this Sunday morning from 10 a.m. to 11 a.m. when my partner John Greifendorff and myself, Christine Wilton guest on Real Estate Radio-Southern California with our host, Ron Siegel! Ron Siegel is host of “Real Estate Radio – Southern California” on ESPN Radio AM 830 KLAA Sunday’s from 10-11AM. Every Sunday, […]
The following information has been provided by the Insolvency Law Committee – Business Law Section of the State Bar of California. The bulletin was prepared by Gary Kaplan, Special Counsel at the law firm of Farella Braun + Martel LLP in San Francisco. In the bulletin, Gary Kaplan writes, “On November 30, 2009, the Departments […]