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April 2010 was an incredible month for our firm, we had record revenue, record intake of work... then almost like a switch was flipped on May 1, it seems as if we ran headlong into a BRICK WALL....

We have been hearing for months, that the recession is over, and that the market is recovering. Right now we are not seeing any residential closings and the REO movement has slowed... just wondering what new trends you are seeing in the marketplace.

 

 
Posted by Jaime Kosofsky on 05/19/2010 08:19 AM   Comments (2)  
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SHORT SALES IN NORTH CAROLINA... If you are not licensed to practice law, you need to read this...
Jaime Kosofsky (Brady & Kosofsky, PA)
SHORT SALES IN NORTH CAROLINA Over the past couple of years I have observed the rise of the Short Sale. At a recent National Reo Brokers Association function, the President of REOMAC, one of the major default industry trade organizations…
ARE YOU READY FOR THE 2010 HUD-1??? Do you realize that there are sweeping changes which go into effect in 23 days?? --
Jaime Kosofsky (Brady & Kosofsky, PA)
DID YOU KNOW THAT AS OF JAN 1, 2010: 1. You cannot itemize seller paid closing costs on page 2? 2. That a home builder will no longer be able to offer incentilves if a buyer uses their title/settlement company, or lender. 3. That all…
TOP DOWN BOTTOM UP--- THE NEW AGE OF SHORT SALES
Jaime Kosofsky (Brady & Kosofsky, PA)
I have been negotiating and closing short sales since 2003. In April of 2009, after dealing with banks which became extremely cumbersome, and some unreasonable clients whose expectations could not be set in advance, I stopped negotiating short sales…
THE NEW HUD-1, GFE, and MDIA act of 2009
Jaime Kosofsky (Brady & Kosofsky, PA)
I hope everyone is enjoying the holidays, and I trust you are all ready for the new changes that the government will implement in 19 days… in case you have not heard, read on… you may want some asprin, adult beverages, and a chair… its gonna…
THE VIDEO CLOSING IS HERE!** (In North Carolina)
Jaime Kosofsky (Brady & Kosofsky, PA)
SO WHAT DID YOU DO DURING THE SLOW MONTHS OF OCTOBER-NOVEMBER??? We were slow, but we were working hard on perfecting our technology to allow us perform a closing virtually anywhere in the world, where the borrower has access to a computer. In the…
WHY IN THE H*** DID YOU LET THE BUYER HAVE THE KEYS IF I CANNOT HAVE MY MONEY!!!!!!
Jaime Kosofsky (Brady & Kosofsky, PA)
AH! ANOTHER UNHAPPY AND MISINFORMED SELLER-------------------------- you gotta love it… RECORDING AND DISBURSEMENT IN NC… This is perhaps the biggest idiosyncrasy of North Carolina Law. This sets the state apart from almost…
MARKETABLE vs INSURABLE TITLE---- my side of the table
Jaime Kosofsky (Brady & Kosofsky, PA)
Today, I had a conversation with a Real Estate Broker with regard to a property his client was buying… The client entered into a contract to purchase a bank owned property, which was acquired via Foreclosure. On title there was an uncancelled…
 
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Jaime Kosofsky

Matthews, NC

More about me…

Brady & Kosofsky, PA

Address: 3065 Senna Drive, Matthews, NC, 28105

Office Phone: (704) 849-8008

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THE OPINIONS IN THIS BLOG ARE NOT TO BE CONSTRUED A SPECIFIC LEGAL ADVICE, AND MAY NOT BE RELIED UPON AS SUCH... PLEASE CONTACT ME SHOULD YOU REQUIRE SPECIFIC LEGAL OPINIONS...


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