Introduction. For the last several years, the concept of “equity” [i.e., the difference between the net proceeds received upon sale and the unpaid mortgage balance]
The Fair Housing Act (“FHA”) was passed in 1968, and has been an important fixture in the law ever since. Essentially, its purpose was to
This is a “back-of-the-napkin” summary of the Portland-Metro real estate stats for October 2014, according to the RMLS’s™ Market Action Report, here. Closed sales at
When seller property disclosure laws were first enacted by the Oregon Legislature, circa 2003, the form came in two flavors: Disclosure or Disclaimer. Disclosure consisted
According to a recent article in housingwire.com, titled “Ocwen posts open letter and apology to borrowers,” the widely reviled Ocwen, apparently (sob) guilt-ridden because it,
This article is a continuation of Part One, below. It addresses many of the current – as yet unanswered – questions by real estate brokers,
When I was young – yo that many years ago – marijuana was the forbidden fruit. It was illegal under state and federal law. Getting
This secret congressional testimony was surreptitiously transcribed and delivered anonymously to me by a high-level government employee who had recently been foreclosed by Cerberus Servicing Systems, a
In a recent Wall Street Journal article entitled “Mortgage Lenders Ease Rules for Home Buyers in Hunt for Business” by Nick Timiraos and Annamaria Andriotis,
Generally. There is a crucial difference between a representation and a warranty. Generally, in residential sales transactions, a seller representation is a statement about the
