Category: Real Estate

VWL > Blog > Real Estate

Repurchase your foreclosed home

Repurchase Your Foreclosed Home Previously, foreclosed homeowners who wanted to repurchase their home were required to pay the entire amount owed on the mortgage.  This requirement also applied to anyone buying the home for the benefit of the previous homeowner. However, the Federal Housing Finance Agency (FHFA) recently directed Fannie Mae and Freddie Mac to […]

Read More Faculty Member Faculty Member I would like to thank for the opportunity to teach a couple of courses focusing on Landlord Tenant and Foreclosure Defense.  Anybody who wants to view the courses can click the link below: – John A. Weber IV, Esq.

Read More

Seller Can Continue to Show House

Seller Can Continue to Show House Is it correct that the seller can continue to show house, after the buyer signs the real estate sales contract? Yes! This question comes up rather often. Typically, the scenario plays out like this: the buyer signs the contract first and returns it to the seller for his/her signature. […]

Read More

Looking at Shadow Inventory

New York Shadow Inventory Shadow Inventory The Wall Street Journal had a very interesting article written by Nick Timiraos (a link to the article is provided below) regarding shadow inventory.  The article talks about interesting topics such as the decrease in the new homes being built and its effect on investor interest in REO (bank […]

Read More

Extending the Mortgage Forgiveness Debt Relief Act of 2007

Mortgage Forgiveness Debt Relief Act Some Good News for Troubled Homeowners The Senate Finance Committee approved the extension of  the Mortgage Forgiveness Debt Relief Act of 2007. This is a good sign that the Mortgage Forgiveness Debt Relief Act will be extended. For those unfamiliar with the Mortgage Forgiveness Debt Relief Act of 2007 : […]

Read More

Steven J. Baum to close

Steven J. Baum to Close It may have seemed inevitable to those directly involved in the foreclosure field, but it is still a surprise to hear.  According to a Buffalo Business First, the mega-firm of Steven J. Baum, P.C. is to close it’s doors: “The embattled Steven J. Baum P.C. law firm is the closing […]

Read More

Short Sale Process Expedited?

Robbie L. Vaughn, Esq. is quoted in the following RISMEDIA article written by Keith Lora.  Mr. Lora discusses the proposed  H.R. 6133, Prompt Decision for Qualification of Short Sale Act of 2010. Will Proposed Short Sales Legislation Help Expedite Process? By Keith Loria RISMEDIA, October 4, 2010—New legislation was offered in Congress by U.S. Reps. […]

Read More

Buying A Home

The Home Buying Process Buying a home can be exciting and joyous. However, the home buying process can get a bit confusing at times. We often act as the buyer’s attorney during real estate transactions. In an effort to answer some of their questions, we provide our real estate clients with the following overview of […]

Read More