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…
Tag Archive: Short Sale
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…
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…