Measure EE Overview On June 4th voters will go to the polls to decide an issue that has potential to impact the real estate industry, Measure EE. Measure EE’s text reads as follows: To retain/attract quality teachers; reduce class sizes; provide counseling/nursing/library services, arts, music, science, math, preschool, vocational/career education, safe/well-maintained schools, adequate instructional materials/supplies; […]
Category: Legal Corner
What Fiduciary Duties do Agents Owe Clients and Others?
Real estate agents and brokers in California have a fiduciary duty to act in a manner that is consistent with the best interests of the client. A fiduciary duty encompasses several obligations, among them: the duties of care, loyalty, honesty, accounting, and obedience. This article will discuss what is meant by each of those obligations, […]
How to Protect Yourself from Procuring Cause Claims
Overview The law as to who is the “procuring cause” of a real estate sale is one of the most complicated and common legal issues impacting both real estate agents and their clients. The purpose of procuring cause law is to reward an agent who initiated an uninterrupted chain of events that lead to a […]
Kids Never Killed Kids on Leave it to Beaver
I need your help!! I hope you are as passionate about reading this as I was about writing it. I need your help. I’d like to spread the word so please share, forward, like, post, comment, whatever. Just tell everyone. I’m a Dad and I’m freaking out.
Technology Leading Homes to Foreclosure
In the business world it is common for products and services to be rolled out in phases. The first phase is generally more manual and labor intensive, as the business is eager to get there service/product to their clients as quickly as possible to maintain their reputation for being on the cutting edge and providing […]
Who Owns My Loan? – How consolidation in the mortgage industry will affect you
As if homeowners weren’t under enough duress, they now have to contend with the very real possibility of their loan being sold off in what is best described as a fire sale!
The Good, Bad and Ugly of Short Sales
Examining the best and worst of short sale lenders from 2011 with the hopes that they will all be on the “good” list for 2012.
The Short Sale Solution?
Short sales may seem like the quick answer to resolving the housing market crisis, but it takes more than a willing seller to play ball.
screwING up short sales
“The mortgage without surprises” comes with plenty of surprises when homeowners find themselves having difficulties making payments.
Governor Brown’s Plan to Help Homeowners
After Governor Jerry Brown signed SB 458 into law, the hopefulness turned into helplessness for many homeowners pursuing short sale as a foreclosure alternative.