Virtually every real estate investor can benefit from this week’s success story: learning how to tell if the late fee in your promissory note is unenforceable. Problem: A client, who is a mortgage broker, called and said one of his borrower clients had failed to make...
If you’re involved in a dispute, take careful note of the recent California court ruling in Cullen v. Corwin (2012) 206 Cal.App.4th 1074. The key facts of that case may very well apply to you. Make sure you don’t make the same mistake the defendant made in that case...
In real estate, it is unusual for "experts" to agree on what the best type of investments are at any given point in time and when is a good time to invest. However, most experts seem to agree that, at least for now, one particular type of investment is sound and, for...
A November 1 Wall St. Journal article, “Investing as a Family Affair”, discussed a surprising profit-maximizing, risk-minimizing investing strategy of the “ultra wealthy” that is available to virtually every investor, regardless of how much money you have, and one...
A sobering article in today's Forbes, explaining how higher taxes are certain no matter who wins the election, makes several important, time-sensitive points that could affect every real estate investor's bottom line and ALL investors should heed: For those who want...
Contract disputes are one of the most common business conflicts that can lead to potentially expensive litigation. With the stakes so high, you must have a lawyer help you evaluate the strengths and weaknesses of your position and that of your opponent. It is...
Right now, if you’re a homeowner and do a short sale on your home, you may be able to claim special tax relief and exclude up to $2 million of debt forgiven on your principal residence under the federal Mortgage Forgiveness Debt Relief Act of 2007 AND up to $800,000...
When our clients have a dispute with somebody that looks like it will escalate to a lawsuit, we typically want at least four things: (1) to win; (2) to win quickly; (3) to win inexpensively, and; (4) to make sure that when we win, there’s money to collect on the other...
Michelle Lerman appeared on Fox News recently to discuss important estate tax law changes. Click here to watch this three-minute video where she discusses: • When the law is scheduled to change • The window of opportunity that is closing, and why you should care •...
As if being foreclosed upon isn’t traumatic and stressful enough, that anxiety is unnecessarily compounded exponentially when the foreclosing lender mishandles the very sensitive transition when the borrower must eventually vacate the property. Unfortunately, that is...
Whether you are having problems with a real estate partner, looking to buy, sell or refinance real estate, needing an estate plan or updating one, or have lost a loved one, we are committed to giving you the time and attention you want and deserve.
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