On this crazy stormy day I attended a Real Estate Bar Association seminar in Marlborough, Massachusetts in the face of Tropical Storm Sandy... To my dismay I learned about the new HUD-GFE-TIL that may be rolling out in the near future and it sounds like a disaster. Suffice to say in a self-ackno
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10/29/2012
Following are the guidelines for short sales that I "run" through my law office. Please note that these are guidelines and exceptions can be made so long as the exceptional nature of the sale is discussed with me ahead of time. If you send a contract to me for approval on a short sale that I do
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05/21/2012
The simple answer is that a short sale costs nothing. Most residential real estate attorneys do not charge a consultation fee. I do not charge a consultation fee! For legal fees I rely on the bank to absorb my fees in the short sale payoff to the bank. That said, the more complicated answ
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04/10/2011
We are pleased to provide an example of a Federal Government Home Affordable Foreclosure Alternatives (HAFA) short sale program Initial Approval that was generated through bank of America's REDC division. (REDC is a division of Bank of America that deals with these types of short sales. There
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04/09/2011
I know that it sounds strange, but with short sales I think it is a good idea that we start the process as a team before you commit to taking a short sale listing. A few years ago I was working on a short sale and during the inspection negotiations we discovered that the Seller had actually alre
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04/02/2011
Did you know that there are four ways (and counting) to start a short sale with Bank of America? HAFA - Bank of America is a participant in the HAFA program wherein a qualifying short seller may receive $3000 in sale proceeds and avoid any deficiency judgment. This program requires qualificatio
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04/02/2011
Greatest referral I have received to date is for a program called Wix. It is an on-line web site builder and it is absolutely great. I cannot tell you how wonderful it is to use a web site builder that is 100% intuitive. It is fun to use and immediately gratifying. i just used it to create a
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03/09/2011
I was holding off and then I saw something that opened my eyes to facebook. Fora long time i have been debating putting a page together for my law firm, but it seemed like I would be just another annoying fan page that people would ignore. Then I took a look at the number of real estate profess
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01/19/2011
As a MA Short Sale Lawyer, I have seen many short sales fail for a variety of reasons. In Western Massachusetts, one of our impediments is our strict use of the standard Realtor Contract and our local closing customs. Following is a list of suggestions and some reasoning behind each provided in
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11/14/2010
As a real estate attorney with a growing short sale practice I have begun to identify patterns that lead to short sale success and failure. Generally speaking a short sale's success or failure can be determined with a review of the current title. THE ABSOLUTE IMPORTANCE OF CHECKING THE TITLE S
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11/14/2010
