LAWSUIT WITH A LOT OF BITE

LAWSUIT WITH A LOT OF BITE

In the spirit of the impending holiday I thought I would share with you the story of Tom and Consandra Christmas who purchased 35 acres in Louisiana…
TRANSFER OF REAL PROPERTY AT DEATH WITHOUT PROBATE

TRANSFER OF REAL PROPERTY AT DEATH WITHOUT PROBATE

A “Deed Upon Death” provides for the distribution of your real property upon your death.  The primary advantage is the avoidance of probate…
Using Your Errors and Omissions Insurance to the Max

Using Your Errors and Omissions Insurance to the Max

Unfortunately, our society is becoming more litigious and real estate professionals are finding they are not immune from this trend.  While…
HOW CRAZY ARE YOUR CLIENTS

HOW CRAZY ARE YOUR CLIENTS???

The Staten Island Advance recently reported a story about John Franco and his wife.  Franco isn’t just another professional baseball player.  …
Dam it! Here we go again...

Dam it! Here we go again...

A Hutchinson, Kansas, couple who bought a home without being told they would be responsible for maintaining a dam on the property has been awarded…
EQUAL OPPORTUNITY JAIL TIME

EQUAL OPPORTUNITY JAIL TIME

If you have been to one of my continuing education courses it is easy to think I am picking on real estate licensees.  Unfortunately, it is…
Just When You Thought it Was Safe to go Back Into the Water…

Just When You Thought it Was Safe to go Back Into the Water…

A class action lawsuit was recently filed in Maryland against a prominent real estate licensee, who advertises his team #1 in the state, for…
Financial Adviser Who Was Also Realtor Breached Duty to Elderly Client

Financial Adviser Who Was Also Realtor Breached Duty to Elderly Client

The Haisches built a substantial estate, including a ranch, and their wills from the 1990s reflected a desire to leave a substantial charitable…
Congress Jumps in to Help Short Sales Move in the Right Direction

Congress Jumps in to Help Short Sales Move in the Right Direction

One of the biggest frustrations with the short sale process has been the amount of time it takes to get an approval.  Undoubtedly, lenders have…
Short Sales Fraud Becoming a Significant Source of Liability

Short Sales Fraud Becoming a Significant Source of Liability

Freddie Mac short sales have risen from about 4% of completed workouts in 2000 to nearly 14% in 2010.  Not surprisingly, the amount of fraud…