Louis Esbin's (esbinlaw) Blog

Consider the following points when considering whether we are witnessing the next residential real estate bubble: The U.S. Census Bureau released median income statistics on September 21, 2009.  Do your buyers' have income above or below the Median Income (see, http://www.census.gov/hhes/www/inco...

Consider the following points when consider whether we are witnessing the next residential real estate bubble: The U.S. Census Bureau released median income statistics on September 21, 2009.  Do your buyers' have income above or below the Median Income (see, http://www.census...

A recent email to a client follows, and should be a fair warning to have clients consult with bankruptcy counsel before execution of short sale purchase and sale documents: As a result of the short sale of your home before you file bankruptcy you will no longer have the contractually due amount o...

Although the House of Representatives passed legislation earlier in 2009 to allow Bankruptcy Judges to modify loans secured only by a debtor's principal residence, 50 Democrats reversed themselves and rejected similar legislation recently introduced into the House.  When questioned, some stated w...