ShareHome Sale Hindsight
Tara-Nicholle NelsonInman News
Q: I signed a contract to buy a short sale in January 2010. The owners filed for bankruptcy and I was told that the agent was a short sale specialist and they had a bankruptcy lawyer.
The sellers’ bankruptcy went to court and was made official a [...]
ShareREThink Real Estate
Tara-Nicholle NelsonInman News
Q: If I sign a "Buyer Representation Agreement — Exclusive" (form), can I cancel it at a later date? –Igor, California
A: That depends. Every year, more and more buyer’s brokers require their clients to sign an exclusive buyer representation agreement before they invest lots of time and [...]
ShareLaw of the Land
Tara-Nicholle NelsonInman News
In May 2009, Candace Booth filed a Chapter 7 bankruptcy petition. Her outstanding debts were mortgages against a home she was in the process of trying to rent or sell, credit cards and an auto loan.
Booth had paid cash outright for her personal residence in March, [...]
ShareBook Review: ‘The Simple Dollar’
Tara-Nicholle NelsonInman News
Book Review Title: "The Simple Dollar: How One Man Wiped Out His Debts and Achieved the Life of His Dreams" Author: Trent Hamm Publisher: FT Press, 2010; 272 pages; $19.99
When it comes to personal financial advice, the [...]
ShareMood of the Market
Tara-Nicholle NelsonInman News
Most of us equate grieving with the emotional process that follows a death of a loved one. In fact, to grieve is to mourn and process any grave loss.
At this stage in the game, the average American has lost tens or hundreds of thousands of dollars’ [...]
ShareHome Sale Hindsight
Tara-Nicholle NelsonInman News
Q: We tragically lost our home in California to foreclosure in 2008, after doing everything we could to try to keep it. A check was given to us in exchange for the keys. Sometime later we received a lien for the back HOA dues owed. Is that legal? [...]
ShareREThink Real Estate
Tara-Nicholle NelsonInman News
Q: Am I responsible for homeowners association (HOA) dues on a foreclosed home even if I didn’t sign the HOA agreement? I am on the title and mortgage. I co-owned a home with a friend and it was her responsibility to pay the mortgage and HOA dues [...]
ShareLaw of the Land
Tara-Nicholle NelsonInman News
James Carpenter signed an agreement to buy undeveloped land in Austin, Texas, in 2004, and obtained investment funds to finance the purchase from Sandra McBeth and James Reynolds, a married couple.
Carpenter informed McBeth and Reynolds that the buyer who had planned to buy the property previously [...]
ShareBook Review: ‘How to Invest $50-$5000′
Tara-Nicholle NelsonInman News
Book Review Title: "How to Invest $50-$5000: The Small Investor’s Step-by-Step Plan for Low-Risk Investing in Today’s Economy" Author: Nancy Dunnan Publisher: HarperCollins, 2010; 272 pages; $14.99
We Americans eagerly await any investment tip uttered by Warren Buffett, and voraciously [...]
ShareMood of the Market
Tara-Nicholle NelsonInman News
Homeowners, buyers and sellers have always been skeptical of real estate professionals. I’m certain this has something to do with the fact that real estate agents are perceived as making huge amounts of money, for what consumers see as little work.
(Hah!) It also arises out of the [...]
