Residential and commercial real estate markets are bedeviled by recurring woes despite rather reasonable expectations for the markets to restore to relative normalcy by now. In fact, the predominant practice of borrowing ONLY to a very elite and selected group…
Some of the latest data suggest lenders might be loosening their spigots when it comes to jumbo loans. Nonetheless, problems still abound for borrowers of such loans, ranging from relatively large down payments to slow processing times, to name a…
While some people can afford to buy their house and pay for the price of the home using their own savings and help from family/friends, most individuals in California must go to the bank and receive a loan for the…
What to Look For in Mortgage Documents Before Signing Often potential home buyers are inundated with documents to sign at the last minute. Fearing they might lose their dream house or the favorable annual percentage rate, potential homeowners just sign…
Representations & Warranties In Contracts Representations & Warranties In Contracts are among contractual mechanisms used to allocate risks between the parties. Representation is a statement of fact intended to induce reliance and action by a party to a contract. Warranty, on the…
What Is Preliminary Relief In CA? Plaintiffs are often confronted with the dilemma of prolonged litigation vis-a-vis losing their business to trademark infringement, competition, etc. Preliminary relief in some instances, along with other litigation tactics, might help such plaintiffs. Preliminary…
Timing is of paramount of importance in real estate transactions. However, not always, “time is of the essence”. In fact, there is no requirement, generally, for parties to contract about the timing of their performances. In most circumstances, if timing…
When owning property, it is important to remain aware of the property’s boundaries for many reasons, with one being that it allows you to combat issues relating to adverse possession. Adverse possession is defined as the right of a hostile…
In real estate, if there exists a dispute between parties over ownership, a quiet title action will be utilized to determine the real owner of a property (or those who have interests in it). Such cases arise when a party…
With relatively high unemployment and volatile economic conditions, people have to contend with rather onerous and exorbitant credit card debt accumulated over the years. Such people often make their monthly payments without paying down their credit card debt and…