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What is a Deed in Lieu of Foreclosure?

One of the best options for people facing foreclosure is the “deed in lieu of foreclosure,” or as it’s more frequently referred to, “deed in lieu.” Essentially, this is the fancy legal term for what...

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Licensing traps for the unwary in California “short sales” (LinkedIn Q&A)

The following post was originally written in response to the following question posted on LinkedIn. The question appears are originally written, and has not been edited.Question: Short sale investing...

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Seller’s disclosure obligation in a sale of residential real estate....

The following post was originally written in reponse to the following question posted on LinkedIn.  I have left the original question in unedited form: Effects of Disclosable issues on Real Estate...

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What is an “as is” sale of real estate?

Like everyone else, when I’m reading the various ads in the real estate section, I see quite a few ads for properties being sold “as is.” The suggestion behind this phrase seems to be that this little...

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Rethinking Short Sales? Maybe. But only sometimes and not without legal...

In October, 2008 I wrote a blog post called “Are ‘Short Sales’ they worth the hassle?” My answer was a resounding and unequivocal “No!”  (In fact my view was so lopsided that I think it could be said...

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