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Author: OPLawSocialMedia

The Housing Market Is Not as Bad as You May Think

Mon Nov 7, 2022 by on News

The Housing Market Is Not as Bad as You May Think

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 […]

Why are Sellers Reluctant to Sell?

Tue Oct 25, 2022 by on News

Why are Sellers Reluctant to Sell?

With increased mortgage interest rates, many sellers are debating whether to sell their homes. These sellers face the same issue as many potential home buyers: pressure from rising interest rates. Why? Unless a seller obtains a cash buyer for their property, many home buyers may not be able to afford the home they wish because of increasing interest rates. In […]

Theft by Title Fraud

Tue Oct 25, 2022 by on News

Theft by Title Fraud

Real Estate deed fraud unfortunately is on the rise. Recently, the Sun Sentinel reported that a property owner’s vacant land was sold by a person who pretended that he was the actual landowner in order to obtain the proceeds of a fraudulent mortgage refinancing. Initially, the alleged fraudster created a company using his name as the owner of the property and later […]