Category Archives: Lawyers

California Gone Crazy

California has always been one of the top markets for Short Sales, but right now the level of confusion among real estate investors is at an all-time high. Everyone seems to be freaking out in California looking for answers and trying to make sense of all the various opinions, new rules, and trying to figure [...]

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The lawyer killed the deal! (or did she?) -Part 10

You could very well end up losing your house to foreclosure while you wait for that “best offer” that you “bring to the bank.”

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The lawyer killed the deal! (or did she?) -Part 9: Taxes

If the property is the seller’s primary residence, debt forgiveness income will not be considered taxable income up to the amount of the purchase money mortgage.

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The lawyer killed the deal! (or did she?) -Part 8, Title Standards

Like I’ve said before, so many lawyers (and other real estate professionals) simply DON’T UNDERSTAND Short Sales, so their knee-jerk reaction is to advise against them, even when the Short Sale would save the homeowner from a disastrous foreclosure.

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The lawyer killed the deal! (or did she?) -Part 7

Teaching Short Sale investors how to structure their transactions in a 100% ethical and legal way is something I do at my Breakthtrough live events.

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The lawyer killed the deal! (or did she?) -Part 6

You say that failure to disclose the higher bidder to the lender would cause you to advise against moving forward with the transaction. I would suggest you’ve forgotten some basics.

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The lawyer killed the deal (or did she?) -Part 5

at Breakthrough we help you identify the right professionals to put on your team in the first place – how to find attorneys and title companies that understand what you are doing and can help you do it correctly.

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The lawyer killed the deal! (or did she?) -Part 4

Using an end-buyer’s lender’s money to fund the investor’s acquisition of the original seller is not a common practice today and is something I always strongly caution against.

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The lawyer killed the deal! (or did she?) -Part 2

The seller doesn’t need the highest offer, they need the best offer and the best offer for a seller facing foreclosure and in need of a Short Sale is one from someone who can successfully weather the Short Sale journey and get to a closing.

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The lawyer killed the deal! (Or did she?)

It’s not uncommon that I hear of an investor or homeowner who receives advice from their lawyer not to do a short sale.

Also posted in Breakthrough, Breakthrough Event, Current Blogs, Short Sale Breakthrough, Short Sale Laws, Short Sale Training | Tagged , , , , , , , , , | Leave a comment
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