Wed Dec 7, 2022 by OPLawSocialMedia on News
Foreclosures and Loosening Credit: Reevaluating Risk In a perfect world, there would be no foreclosures, as people would have enough resources to make their monthly mortgages. We all can agree that the substantial number of foreclosures during the Great Recession was painful (some estimates indicate that 3.8 million homeowners lost their home to foreclosure from 2007 to 2010); however, the […]
Tue Dec 6, 2022 by OPLawSocialMedia on News
Who Really Benefits? Homeowner Benefit Agreements are a type of controversial residential listing agreement between the homeowner and a real estate broker. For an upfront fee paid by the real estate broker to the homeowner, these agreements provide that the real estate broker will be the exclusive listing agent for the future sale of the homeowner’s property and shall […]
Fri Nov 18, 2022 by OPLawSocialMedia on News
As it is the firm’s annual tradition, we wish to take a moment and reflect upon those things for that we are thankful. Foremost, we are continually thankful for each other, good health, and for the freedom we enjoy by living in our great nation. This Thanksgiving, the words “thanks” and “giving” continue to bring new meaning. For one, […]
Mon Nov 7, 2022 by OPLawSocialMedia on News
With mortgage interest rates breaking 7% as the Federal Reserve attempts to quell inflation, there is much “doom and gloom” news about the housing market. The National Association of Realtors report decreased home contracts falling for the fourth straight month in September, down 31% compared to last September. A typical homebuyer in October paid 77% more on their loan per […]