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Assuming your private lender recorded the mortgage in the land record office of the county where the property is located, you must make certain that a release of that mortgage (or deed of trust) is fi ...Read more

You actually need a probate attorney.  This is a common problem, and easy to resolve.

There is no sales tax on realty.  Transfer and sales taxes on an FL sale are FL issues.  There could be income tax consequences in NY, but if there is a loss, then there is no income to tax. ...Read more

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Real Estate Development in the NFL 0

Dallas Cowboys owner Jerry Jones has recently unleashed his latest project – The Ford Center at The Star. The complex is a combination training facility, hotel, corporate office complex, ret ... Read more

Risk of Loss When a Residential Property is Under Contract for Sale

When a residential property is under contract for sale, what happens if the home is damaged or destroyed before the close of escrow? The default rule is that the seller bears the risk of loss unti ... Read more

MetLife, Corporate Liability and Ponzi Schemes

An article in this week’s New York Times summarizes the issues raised in an ongoing lawsuit against MetLife and two of its subsidiaries. The case involves a defunct real estate fund, Diversified ... Read more

Texas Property Taxation (Part Two)

There are two types of protests normally available to a homestead exempted property owner: (1) determination of the appraised value of the property; and (2) unequal appraisal of the owner’s pr ... Read more

Property and Divorce

A woman reports that when she and her ex-husband divorced, they agreed to let their family home foreclose. Since then, he has filed for bankruptcy to delay the foreclosure, he began once again to pay ... Read more

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