Foreclosures, Short Sales, Flopping
Short Sale Deficiencies – Risks for Real Estate Professionals and How to Manage Them
When property owners face financial hardship and can’t afford to pay their mortgage anymore, they may try and sell quickly to avoid foreclosure. They typically take what they…
Minimizing Real Estate Licensee Liability When Listing Foreclosure Properties
When you list a foreclosure property, there are risks that can lead to lawsuits if those risks aren’t properly managed. Here’s what to watch out for and how…
Foreclosures with Tenants — How to Comply with the Law and Minimize Your Risk of a Lawsuit
The National Multifamily Housing Council estimates that around 43 million households or 109 million people are renters in the United States. So it’s likely that at some stage…
Managing Short Sales
Short sales don’t happen every day, but they’re relatively common in real estate. Some sellers who struggle to pay their mortgages will take a lower price for their…
Are you afraid of Flopping? If not, you should be.
By James R. Myers, The Chartwell Law Offices, LLP, Ft Myers, FL Beware of Flopping As if our national real estate crisis has not been bad enough, a…