My good friend and Investment Advisory Representative Joshua Hernandez and will be hosting a workshop entitled “Preserve Your Assets”. If you’re looking to prepare your family and money for the future, come and attend this interactive workshop to learn more about investing and estate planning. Location: 765 The City Dr #100 Orange, CA 91752 Time:…
Tag Archive: Real Estate
Personal Guarantee Insurance to Protect Your Personal Assets
According to the Small Business Administration, over 50% of all small businesses fail within the first 5 years. Vendors who supply credit to these small businesses must hedge their bets by requiring that the business owner provide a personal guarantee. That is, if your business fails to meet its obligations, you would be personally held…
How to Pick an Attorney for Your Business
“Pick me! Pick me!” Just kidding. Well, just a little. Inc.com is one of my favorite websites to learn more about how I can manage and grow my business. One I just read was right up my alley: How to Hire Legal Counsel. It’s got a lot of great tips on picking an attorney for…
Sued For Your Debt? Get Help Early
As more and more people are getting sued by creditors, people often try to stick their head in the sand and ignore the lawsuit. Unfortunately, that won’t make it go away. And if you’ve been sued, Sam Glover over at Caveat Emptor says to head for the nearest lawyer. As I wrote earlier, don’t be…
Are You Getting the Correct Advice From Your Real Estate Agent About Your Short Sale?
No doubt that banks are pursuing people who have short sold their homes for the deficiency, or the difference between what they owed to the bank and what the house short sold for. I recently attended the Orange County Bar Association Real Estate Section monthly meeting, where broker David Silver-Westrick spoke on short sales. Among…
More Loan Modification Madness: 133 Loan Mod Companies Targeted by CA Attorney General
California continues to crack down on fraudulent loan modification companies and attorneys. It recently targeted 133 companies based in Orange County.
Second Lien Program: Extinguishing a Second Mortgage
Back in April, the Obama Administration announced an update to the Make Home Affordable Program with regards to second mortgages. In an effort to keep people in their homes, the Second Lien Program offers banks & investors incentives to provide interest rate and monthly payment reductions. Depending on whether your second mortgage is an amortizing…
LA Times: A Quick Guide to Loan Modification
With all the people upside down these days, you can’t turn on the TV or radio without hearing some firms handling loan modifications. Some of these companies are fly-by-night operations, so do your due diligence, especially if they take an advanced fee. The LA Times has an article about loan modifications, free government help, and how…
It Might Be Cheaper to Create an Estate Plan
My fellow SoCal attorneys over at the California Estate Planning Blog wrote about the increased filing costs in Los Angeles County. Their example considers a common situation: If you are married, own a home and have a minor child — the following could very well occur if no estate plan is in place: 1. Probate…
Buying Foreclosed Properties in Los Angeles
LA Times writer Peter Hong has written an article about his adventure buying a foreclosed property in Los Angeles. It is a good read for those of you looking to get a dose of reality and how the system works. In one instance, he got burned by the broker and agent because the agent didn’t present his…