florida real estate attorney: SHORT SALE LENDER CANNOT REDUCE COMMISSION TO BROKER - 10/12/09 08:25 PM
One of the great drawbacks to a broker taking on a short sale listing is the fear and often the reality that the short sale lender will demand a reduction in the broker commissions. This has created all sorts of contraptions to make the broker whole.
I have seen contracts that … (56 comments)
florida real estate attorney: Flipping Short Sales - Questionable Methods - 03/18/08 10:05 PM
SHORT SALE FLIP - QUESTIONABLE METHODS This article is a follow up to an issue discussed in December titled Short Sales and Title Insurance - Critical Look at Hybrid Closing Schemes. I am representing an ultimate buyer on a short sale "flip" that raised some eyebrows and got me to looking carefully on … (8 comments)
florida real estate attorney: SHORT SALE TRILOGY - 01/01/08 08:02 PM
We get at least one call a day at my office on short sales. It is really amazing how many people - professionals as well as potential sellers - do not even know what the term "short sale" means. This blog assumes you have actually worked a short sale already -- … (8 comments)
florida real estate attorney: TAX DEEDS - COURT DEVELOPMENTS NIX SALE! - 11/13/07 09:55 PM
Tax Deed purchases are popular in many states as a way to acquire real estate at truly rock bottom prices. Generally a tax deed purchase is first in line after just a few significant "super" lienholders: (1) God, and (2) Code Enforcement Liens. Practically all others having an interest in the property … (0 comments)
florida real estate attorney: TAX DEEDS - COURT DEVELOPMENTS CAN NIX SALE! - 11/13/07 09:54 PM
Tax Deed purchases are popular in many states as a way to acquire real estate at truly rock bottom prices. Generally a tax deed purchase is first in line after just a few significant "super" lienholders: (1) God, and (2) Code Enforcement Liens. Practically all others having an interest in the property … (0 comments)
florida real estate attorney: TAX DEEDS - NEW COURT DEVELOPMENTS COULD NIX MANY SALES! - 11/13/07 09:35 PM
Tax Deed purchases are popular in many states as a way to acquire real estate at truly rock bottom prices. Generally a tax deed purchase is first in line after just a few significant "super" lienholders: (1) God, and (2) Code Enforcement Liens. Practically all others having an interest in the property … (3 comments)
florida real estate attorney: LOW BALL SHORT SALES - PLAYING THE ODDS? - 11/11/07 07:37 PM
Short Sales are the buyer road to riches - if you believe the promo advertising that is all over the place. But the road is not a short one nor is it a smooth one. It is best covered with professional help and guidance. The buyer attempts to get the bank to give up gads of … (0 comments)
Legal true life experiences, general observations and commentaries for Realtors, Lawyers and Mortgage Brokers - also see our Palm Beach County Short Sales group blog.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
One of the great drawbacks to a broker taking on a short sale listing is the fear and often the reality that the short sale lender will demand a reduction in the broker commissions. This has created all sorts of contraptions to make the broker whole.
;)
;)
