Monthly Archives: November 2011

Refinancing Options for Underwater Homeowners

Residential Real Estate Lawyer Mortgage Homeowners Selling Real Estate

There is new relief in sight for homeowners “underwater” on their mortgage, where the market value of the property is less than the outstanding payoff of their mortgage. Previously, only those whose mortgage was no more than 125% of the market value of their home were eligible, and then only in certain circumstances. That permitted …


The Casual Landlord: Some Advice for First Timers

Residential Real Estate Lawyer Buying Real Estate Landlord

Being a landlord is not an easy line of work. And in this market where some homeowners opt to become landlords “temporarily” and rent their empty home until market conditions improve, it’s easy to end up in a far worse financial situation than you were in before taking on the landlord role. Here are a …