» Real Estate Law
10 Tips to Avoid Foreclosure
August 24th, 2010
If you fail to make your home mortgage payments, your lender may initiate foreclosure proceedings. Foreclosure is the legal means that your lender can use to repossess your home. If your property is worth less than the total amount you owe on your mo…
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Categories: Real Estate Law
Land Contracts
August 23rd, 2010
The use of land contracts is increasing as traditional financing is not available to most purchasers based on increased lending requirements and decreased appraised values. Use of a land contract may be the only way to close a sale in this slow real…
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Categories: Real Estate Law
Introduction to MERS
August 10th, 2010
What is MERS? MERS is a name frequently heard in court in connection with mortgage issues. Much litigation revolves around mortgages and often it is unclear to litigants how MERS operates. Often the issue is whether MERS should be a party to the liti…
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Categories: Real Estate Law
The Creditor’s Right to Foreclose a Mortgage after Bankruptcy
July 12th, 2010
Discharge of a debtor’s personal liability by way of bankruptcy does not automatically extinguish or satisfy a lien against real property. As recognized by the United State Supreme Court, ordinarily liens on real property and other secured inte…
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Categories: Real Estate Law