LOAN SUBORDINATION
A subordinated loan is paid after all first liens have been paid. If there is a first and second mortgage loan on a property, the second mortgage is usually subordinate …
CONSIDERATIONS IN GIVING REAL ESTATE TO YOUR CHILDREN
Before the days of income and estate taxes, adult children often just moved into the family home after their parents died. Unfortunately, its not that simple anymore. There are several …
WHEN IS A TAX GAIN RECOGNIZED WITH A CONTRACT FOR DEED?
Tax Laws for the Seller of a Contract for Deed Can I Deduct Interest on a Rent-to-Own? In cases where qualified buyers are scarce, selling a home through a contract …
WHAT DOES THE VIRUS MEAN TO COMMERCIAL REAL ESTATE?
Chances are that the world returns to normal. From SARS to Bird Flu to Ebola, it seems there is always some type of health scare that we are told will …
WHAT DOES THE VIRUS MEAN FOR RESIDENTIAL REAL ESTATE?
As Americans sit at home watching the value of their retirement funds crater, it is no surprise the spring housing market is about to crater as well. Home sales could …
SUBORDINATION, NON-DISTURBANCE AND ATTORNMENT AGREEMENTS
What is a Subordination, Non-Disturbance and Attornment Agreement, and Why Do I Need One? While most commercial leases contain a requirement that the tenant will execute a “Subordination, Non-Disturbance and …
MEDICAID, MEDICARE, AND REAL ESTATE
One of the most misunderstood aspects of Medicaid is the look back period for asset transfers and how that affects eligibility for elderly people in need of long-term healthcare. Lets …
AFFIDAVIT OF DEATH
Transferring Joint Tenancy Real Estate After a Death Property held in joint tenancy is usually easy to transfer to the survivor after the other owner dies. Many people, especially couples, …
TRUSTS AND DIVORCE
Trusts and Divorce Trusts are an important tool that families can use to protect assets and pass wealth to future generations. When the beneficiary of a trust is facing divorce, …
SEVEN FACTORS THAT MAKE REAL ESTATE INVESTING FAVORABLE
Here are seven factors that help make a real estate market good for investors: Job creation above the national average. Current and expected future population growth, also above the national …