20th November 2009
While opinions differ on the percentage of loan workouts that wind up in default, there’s no question that a large number of them do. Foreclosure often leads to disputes, which lead us to mediation. Mediation, which should not be confused with arbitr...
20th October 2009
You’re searching for commercial real estate financing - what’s the best approach to take in contacting lenders?
Commercial lending is far less standardized than getting home financing, and has a whole language of its own. You and the commercial l...
12th September 2009
“We keep looking, but we still don’t have a house.” Like many potential first time homebuyers, Mark and Tara Carlson have been pre-approved for a loan and have looked at a number of homes. There’s just one thing missing - they haven’t bought ...
10th September 2009
By John L. Hosack and Joffrey Long
Finally! The delays are over and your foreclosure is going to sale. The trustee asks for bidding instructions. The grand total owing on...
30th August 2009
Loan “Pre-Workout” Agreements
By John Hosack and Joffrey Long
“We may be able to work out an arrangement regarding your back payments. Can you bring in at least one...
30th August 2009
Joffrey Long and John L. Hosack
The following is a review of certain, but not all of the title insurance issues which you may encounter in a loan transaction, and of procedures that may be considered in de...
21st August 2009
Reverse Mortgage: Buying with No Payments
By Joffrey Long
Rita Geraldson woke up every morning, for years, wishing she could move - closer to her daughte...
19th August 2009
When the Kitchen’s Missing: Financing FIXERS and Foreclosures
FHA’s 203K “Buy and Fix” Program
By Joffrey Long
“I couldn...
