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Archive for: April, 2010

How to clear title after mortgage company collapse

How to clear title after mortgage company collapse

ShareHome Sale Hindsight
Tara-Nicholle NelsonInman News
Q: My mother and father paid their house off a few years ago, but they never got any paperwork from the mortgage company. They just stopped getting bills. Now, they want to take out an equity line, but their new bank says the deed of trust is still [...]

Avoid lease-option snafus in home sale

Avoid lease-option snafus in home sale

ShareREThink Real Estate
Tara-Nicholle NelsonInman News
Q: We wanted to buy a new house a few years ago, and rented our old house out under a lease-option to a young family at our church who wanted to buy but needed to save some money first. They were supposed to buy the place within a [...]

Calling out loan underwriting fees

Calling out loan underwriting fees

ShareLaw of the Land
Tara-Nicholle NelsonInman News
Alinda and Armando Martinez refinanced their home loan, obtaining a new loan from Wells Fargo. Wells charged the Martinezes an $800 underwriting fee, which the Martinezes alleged was excessive and not reasonably related to Wells Fargo’s actual costs of underwriting their new loan.
The Martinezes filed [...]

Stay stylish while ‘greening’ your home

Stay stylish while ‘greening’ your home

ShareBook Review: ‘Restore. Recycle. Repurpose. Create a Beautiful Home’
Tara-Nicholle NelsonInman News
Book ReviewTitle: "Restore. Recycle. Repurpose. Create a Beautiful Home" Author: Randy Florke with Nancy J. Becker Publisher: Hearst Books, 2010; 192 pages; $24.95
When I think of country-style decor, good things do not come to mind. I think of oak [...]

Learn the physics of real estate

Learn the physics of real estate

ShareMood of the Market
Tara-Nicholle NelsonInman News
Physics may not be something that we knowingly talk about on an everyday basis, but we talk and think about physics so much more than we know.
After all, physics seems accessible to all but that minute fraction of human society who can roll the words "quarks" [...]

Overcome fears of overpaying for real estate

Overcome fears of overpaying for real estate

ShareHome Sale Hindsight
Tara-Nicholle NelsonInman News
Q: My husband and I made an offer on our first home. We were bidding against two other offers, so we had to go above asking. Our agent told us what he thought we should offer, but we went in quite a bit below that, and we still [...]

Saying ‘I do’ to homeownership, marriage

Saying ‘I do’ to homeownership, marriage

ShareREThink Real Estate
Tara-Nicholle NelsonInman News
Q: My fiancé and I are buying a house. Escrow is going to close a few months before our wedding. We’re confused about how to take title — as unmarried man and woman or as registered domestic partners? Also, we’re pretty sure we’re either joint tenants or [...]

Neighbor stakes claim for vacant lot

Neighbor stakes claim for vacant lot

ShareLaw of the Land
Tara-Nicholle NelsonInman News
In the case Korenko v. Kellys Island Park Development Co., the developer, long defunct at the time of this case, held title to a long-vacant, triangular lot. The Korenko family, who owned a home across the street, claimed that when they had purchased their property in [...]

Big profits for subprime prophets

Big profits for subprime prophets

ShareBook Review: ‘The Big Short: Inside the Doomsday Machine’
Tara-Nicholle NelsonInman News
Book Review Title: "The Big Short: Inside the Doomsday Machine" Author: Michael Lewis Publisher: Norton, 2010; 266 pages; $27.95
The saying "hindsight is 20/20" has never been truer than when applied to explanations of the recent real estate [...]

Big profits for subprime prophets

Big profits for subprime prophets

ShareBook Review: ‘The Big Short: Inside the Doomsday Machine’
Tara-Nicholle NelsonInman News
Book Review Title: "The Big Short: Inside the Doomsday Machine" Author: Michael Lewis Publisher: Norton, 2010; 266 pages; $27.95
The saying "hindsight is 20/20" has never been truer than when applied to explanations of the recent real estate [...]

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