Legal disputes stemming from residential real estate transactions are on the rise, largely due to the increase in short sales and foreclosures. In regards to short sales, some sellers are taking legal action against their own real estate agents, alleging that they...
As the real estate market continues on its rollercoaster, the number of mortgage defaults in San Diego County spiked by 34% in March. The San Diego Union-Tribune is reporting that this is the largest monthly increase for San Diego County in two years. The number of...
My intention in writing this post is not to stoke up another debate over the current real estate debacle in California. I do not intend to spark once again the philosophical wrangling between homeowners and their lenders. I am a lawyer, not a radio talk-show host...
Loan modifications are becoming more and more common as the foreclosure crisis continues. A loan modification is a permanent change in one or more of the terms of a homeowner’s loan, allows the loan to be reinstated and results in a payment the homeowner can...
This article is one of several entries regarding California’s recent enactment of its Foreclosure Reform Law (SB 1137). The general purpose of the new law is to alleviate the negative effects of the rising foreclosure rate in California on lenders, borrowers and...
This article is one of several entries regarding California’s recent enactment of its Foreclosure Reform Law (SB 1137). The general purpose of the new law is to alleviate the negative effects of the rising foreclosure rate in California on lenders, borrowers and...
