If you have clients facing a potential foreclosure, help them help themselves by assembling the following, as suggested by the Federal Housing Administration.
Rochelle Stone and John Mangham of Starker Services Inc. in Los Gatos, Calif., share these tips on how to avoid common legal mistakes in 1031 exchanges.
Ideally, responsible, risk-based subprime lenders provide access to credit for prospective home owners with poor credit scores. However, lenders are considered predatory when their practices, although legal, are not in the best interest of the borrowers.
U.S. citizens lost $680 million to identity theft scams in 2005, according to the Federal Trade Commission’s Consumer Sentinel database. Here's a list of some of the more common scams.
Between attorneys’ fees and time spent in case preparation, going to court is often a no win even if the ruling is in your favor. Try these options instead.
Emily Doskow, a part time small claims court judge and a legal editor at Nolo (www.nolo.com), shares these tips for making your day in court a happy one.
In a free market, anything can happen. But if something seems too good to be true, it may be fraud. Not recognizing the signs of fraud can kill a sale and embroil you and your client in legal action if a fraudulent sale closes.
The possibility of environmental problems or other stigmas relating to a property can stop a transaction cold. Try these strategies to reduce the threat of liabilities from stigmas.
In its white paper, The Detection, Investigation, and Deterrence of Mortgage Loan Fraud Involving Third Parties, the Federal Financial Institutions Examination Council of Arlington, Va., suggests these red flags as indicators that fraud may be taking place.
Although the real estate business is extremely competitive, practicing niceties not only improves your professionalism, it also elevates the industry. Practice these common courtesies.
The Internal Revenue Service has regulations that affect the sale of real estate by or to foreigners. Here's what you should know before you serve this niche.
Ethics is one of the most important, and most misunderstood, aspects of life. Getting it right—acting with ethical consistency—is the foundation for success. Getting it wrong is a setup for disaster.
