NEW LAW PROTECTS HOMEOWNERS FROM LIABILITY AFTER A SHORT SALE FOR THE UNPAID LOAN BALANCE ON THE FIRST DEED OF TRUST Post published:October 13, 2010 Post category:Foreclosure/New real estate laws in CA/Real Estate/Short sales Continue ReadingNEW LAW PROTECTS HOMEOWNERS FROM LIABILITY AFTER A SHORT SALE FOR THE UNPAID LOAN BALANCE ON THE FIRST DEED OF TRUST
THE SOLE REMEDY FOR A LENDER’S VIOLATION OF CIVIL CODE §2923.5 (FAILURE TO EXPLORE FORECLOSURE ALTERNATIVES) IS POSTPONEMENT OF THE FORECLOSURE SALE Post published:August 17, 2010 Post category:Foreclosure/Real Estate Continue ReadingTHE SOLE REMEDY FOR A LENDER’S VIOLATION OF CIVIL CODE §2923.5 (FAILURE TO EXPLORE FORECLOSURE ALTERNATIVES) IS POSTPONEMENT OF THE FORECLOSURE SALE
FORECLOSURE FORBEARANCE AGREEMENT MUST BE IN WRITING TO BE ENFORCEABLE Post published:July 18, 2010 Post category:Contract/Foreclosure/Real Estate Continue ReadingFORECLOSURE FORBEARANCE AGREEMENT MUST BE IN WRITING TO BE ENFORCEABLE
BROKER HAS FIDUCIARY DUTY TO DISCLOSE TO THEIR CLIENT, MATERIAL INFORMATION KNOWN TO ANY OF THE BROKER’S AGENTS Post published:July 18, 2010 Post category:Disclosure/Real Estate Continue ReadingBROKER HAS FIDUCIARY DUTY TO DISCLOSE TO THEIR CLIENT, MATERIAL INFORMATION KNOWN TO ANY OF THE BROKER’S AGENTS
ESCROW AGENT’S DUTY TO COMPLY WITH LENDER’S INSTRUCTIONS FOR THE DISBURSEMENT OF FUNDS CONTINUES EVEN AFTER THE CLOSE OF ESCROW Post published:July 17, 2010 Post category:Escrow/Real Estate Continue ReadingESCROW AGENT’S DUTY TO COMPLY WITH LENDER’S INSTRUCTIONS FOR THE DISBURSEMENT OF FUNDS CONTINUES EVEN AFTER THE CLOSE OF ESCROW
CONTRACT LANGUAGE ADVISING BUYER TO INVESTIGATE CONDITION OF PROPERTY BEFORE RELYING UPON AGENT’S STATEMENTS DOES NOT PROTECT AGENT FROM LIABILITY Post published:June 26, 2010 Post category:Fraud/Real Estate Continue ReadingCONTRACT LANGUAGE ADVISING BUYER TO INVESTIGATE CONDITION OF PROPERTY BEFORE RELYING UPON AGENT’S STATEMENTS DOES NOT PROTECT AGENT FROM LIABILITY
HOME MORTGAGE LENDER MAY BE LIABLE TO BORROWER FOR MARK-UP OF LOAN TRANSACTION COSTS Post published:June 26, 2010 Post category:Real Estate/RESPA Continue ReadingHOME MORTGAGE LENDER MAY BE LIABLE TO BORROWER FOR MARK-UP OF LOAN TRANSACTION COSTS
FAILURE TO MEDIATE, WHEN REQUIRED BY CONTRACT, CAUSES THE PREVAILING PARTY TO FORFEIT RECOVERY OF ATTORNEY FEES Post published:June 26, 2010 Post category:Mediation/Real Estate Continue ReadingFAILURE TO MEDIATE, WHEN REQUIRED BY CONTRACT, CAUSES THE PREVAILING PARTY TO FORFEIT RECOVERY OF ATTORNEY FEES
REAL ESTATE AGENTS SHOULD NOT GET FINANCIALLY INVOLVED WITH THEIR CLIENTS Post published:December 6, 2006 Post category:Real Estate Continue ReadingREAL ESTATE AGENTS SHOULD NOT GET FINANCIALLY INVOLVED WITH THEIR CLIENTS
A NEIGHBOR’S CONTINUED USE OF A BANK’S PARKING LOT CAN BECOME A PERMANENT RIGHT OF WAY BY PRESCRIPTIVE EASEMENT Post published:August 14, 2004 Post category:Easements/Real Estate Continue ReadingA NEIGHBOR’S CONTINUED USE OF A BANK’S PARKING LOT CAN BECOME A PERMANENT RIGHT OF WAY BY PRESCRIPTIVE EASEMENT