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PROVEN RESOURCE
Brian Goodman. Mortgage Banker. "David is honest, trustworthy and based on his knowledge and experience he is the only person you should contact. He will guide you every step of the way and make you feel like family. It does not matter to David if you are a large corporation or a small business, he will treat the same way. REAL ESTATE AND PROBATE IN MICHIGAN The Application is for the Probate Register to admit the will, if any, to probate and/or appoint a personal representative. The Personal Representative is usually named in the will. Within certain legal limits, a Personal Representative has the authority to perform administrative duties on behalf of the estate and the estate’sbeneficiaries.
TERMINATING A CONTRACT: THE MANY WAYS TO END A LEGALLY There are many reasons why you may want or even need to terminate a contract. There are several legal ways that you can go about terminating a contract. THE IMPORTANCE OF A MEMORANDUM OF LAND CONTRACT A Memorandum of Land Contract (“Memorandum”) is a legal document that evidences the relationship between a property owner and the purchaser under land contract. To be effective, it needs to be filed or recorded in the county property records where the property is located. The Memorandum of Land Contract will specify the name of boththe
REAL ESTATE IN PROBATE: WHEN CAN AN EXECUTOR OF AN ESTATE Before we get into when an estate executor or personal representative can convey real estate, it is important to understand the basics of the probate process, which are discussed below. THE MEANING OF 'WHERE IS -AS IS' IN REAL ESTATE Common Misconception “Where is -As is” is a real estate term whereby the subject property is being sold in its present condition or current state. A Purchaser is taking a property with the understanding that there will be no “moving, cutting, shifting, replacing, redoing, changing, repairing, relocating, or refacing” anything related to the property. ARBITRATION VS. COURT LITIGATION Arbitration vs. Court Litigation. James from South Lyon wrote in last week. He and his wife are buying a new construction home in South Lyon, MI. They are having a major disagreement with the builder about the integrity of the foundation. They don’t want to move forward and they want their $55,000 earnest money deposit back. THE DIFFERENCES BETWEEN USING A REAL ESTATE ATTORNEY VS. A As a real estate attorney in Michigan, I’m often asked, what’s the difference between using a real estate attorney and a title company in a real estate transaction?. A title company ensures that a legal title to a piece of property, a piece of real estate is legitimate. And a title insurance company or a title agent searches the public propertyrecords.
FORFEITURE VS. FORECLOSURE OF MICHIGAN LAND CONTRACTS: 5 Forfeiture vs. foreclosure of land contracts in Michigan? 5 things to consider. When a buyer defaults on a land contract, the seller can generally pursue one of WHEN THE BANK DEMANDS PAYMENT IN FULL: 3 OPTIONS FOR Although the economy appears to be on the mend, many business owners still struggle. Especially those with commercial loans taken between2007 and 2009.
PROVEN RESOURCE
Brian Goodman. Mortgage Banker. "David is honest, trustworthy and based on his knowledge and experience he is the only person you should contact. He will guide you every step of the way and make you feel like family. It does not matter to David if you are a large corporation or a small business, he will treat the same way. REAL ESTATE AND PROBATE IN MICHIGAN The Application is for the Probate Register to admit the will, if any, to probate and/or appoint a personal representative. The Personal Representative is usually named in the will. Within certain legal limits, a Personal Representative has the authority to perform administrative duties on behalf of the estate and the estate’sbeneficiaries.
TERMINATING A CONTRACT: THE MANY WAYS TO END A LEGALLY There are many reasons why you may want or even need to terminate a contract. There are several legal ways that you can go about terminating a contract. THE IMPORTANCE OF A MEMORANDUM OF LAND CONTRACT A Memorandum of Land Contract (“Memorandum”) is a legal document that evidences the relationship between a property owner and the purchaser under land contract. To be effective, it needs to be filed or recorded in the county property records where the property is located. The Memorandum of Land Contract will specify the name of boththe
REAL ESTATE IN PROBATE: WHEN CAN AN EXECUTOR OF AN ESTATE Before we get into when an estate executor or personal representative can convey real estate, it is important to understand the basics of the probate process, which are discussed below. THE MEANING OF 'WHERE IS -AS IS' IN REAL ESTATE Common Misconception “Where is -As is” is a real estate term whereby the subject property is being sold in its present condition or current state. A Purchaser is taking a property with the understanding that there will be no “moving, cutting, shifting, replacing, redoing, changing, repairing, relocating, or refacing” anything related to the property. ARBITRATION VS. COURT LITIGATION Arbitration vs. Court Litigation. James from South Lyon wrote in last week. He and his wife are buying a new construction home in South Lyon, MI. They are having a major disagreement with the builder about the integrity of the foundation. They don’t want to move forward and they want their $55,000 earnest money deposit back. THE DIFFERENCES BETWEEN USING A REAL ESTATE ATTORNEY VS. A As a real estate attorney in Michigan, I’m often asked, what’s the difference between using a real estate attorney and a title company in a real estate transaction?. A title company ensures that a legal title to a piece of property, a piece of real estate is legitimate. And a title insurance company or a title agent searches the public propertyrecords.
FORFEITURE VS. FORECLOSURE OF MICHIGAN LAND CONTRACTS: 5 Forfeiture vs. foreclosure of land contracts in Michigan? 5 things to consider. When a buyer defaults on a land contract, the seller can generally pursue one of WHEN THE BANK DEMANDS PAYMENT IN FULL: 3 OPTIONS FOR Although the economy appears to be on the mend, many business owners still struggle. Especially those with commercial loans taken between2007 and 2009.
REAL ESTATE PURCHASE AGREEMENT MICHIGAN Do you have a problem with a real estate purchase agreement? Only real estate lawyers can provide legal opinions on the effects of a contractprovision found
CONTACT US - SOBLE REAL ESTATE LAW - PROVEN RESOURCE 31800 Northwestern Hwy., #350 Farmington Hills, MI 48334. Ohio Office: 27600 Chagrin Blvd #460, Woodmere, OH 44122 REAL ESTATE QUESTIONS AND ANSWERS Each week we update the Real Estate Question and Answer page (below) with answers to legal questions we receive from readers and clients regarding real estate, finance, business and probate matters. If you have a legal question of your own, please use the form below to submityour question.
REAL ESTATE IN PROBATE: WHEN CAN AN EXECUTOR OF AN ESTATE Before we get into when an estate executor or personal representative can convey real estate, it is important to understand the basics of the probate process, which are discussed below.FINANCIAL DISPUTES
Most financial disputes concerning real estate revolve around mortgages and liens. A mortgage is a legal agreement by which a bank or other creditor lends money at interest in exchange for taking a lien on the debtor’s property, with the condition that the mortgage is cancelled upon the loan being paid off by the debtor. MORTGAGE DISPUTE ATTORNEY The mortgage relationship is a long term one and it is in one’s best interest that when you buy or refinance a property, that you involve a real estate attorney like David Soble to help you navigate through the federal and state laws governing mortgages. This can help prevent later mortgage disputes that may occur at a later date, and avoid HOW PROPERTY OWNERS SHOULD DEAL WITH A BOUNDARY DISPUTE Boundary disputes involve issues that occur between two or more property owners occupying neighboring properties. Even before a property owner secures a survey, an appraisal or title work, it is best to consult with an experienced real estate attorney who handles boundary dispute matters THE MEANING OF 'WHERE IS -AS IS' IN REAL ESTATE Common Misconception “Where is -As is” is a real estate term whereby the subject property is being sold in its present condition or current state. A Purchaser is taking a property with the understanding that there will be no “moving, cutting, shifting, replacing, redoing, changing, repairing, relocating, or refacing” anything related to the property. WHEN CAN A LETTER OF INTENT BECOME BINDING CONTRACT The Problem. A real estate buyer and seller write up their own Letter of Intent (“LOI”) to engage in a real estate land lease transaction. They spend some time on the document outlining some of the chief terms of the prospective deal that they will put in a contract in the near future. MICLAND CONTRACT OR RENT TO OWN: WHEN IT COMES TO Today’s question comes from Greg in Livonia who says, “ I’m considering purchasing a home with my fiance. The seller is offering a rent-to-own program. What I want to know is there a difference between a rent to own program a land contract. At this time we don’t qualify for a traditional mortgage, but we are working on that with our loanofficer.
PROVEN RESOURCE
Brian Goodman. Mortgage Banker. "David is honest, trustworthy and based on his knowledge and experience he is the only person you should contact. He will guide you every step of the way and make you feel like family. It does not matter to David if you are a large corporation or a small business, he will treat the same way. REAL ESTATE AND PROBATE IN MICHIGAN The Application is for the Probate Register to admit the will, if any, to probate and/or appoint a personal representative. The Personal Representative is usually named in the will. Within certain legal limits, a Personal Representative has the authority to perform administrative duties on behalf of the estate and the estate’sbeneficiaries.
TERMINATING A CONTRACT: THE MANY WAYS TO END A LEGALLY There are many reasons why you may want or even need to terminate a contract. There are several legal ways that you can go about terminating a contract. THE IMPORTANCE OF A MEMORANDUM OF LAND CONTRACT A Memorandum of Land Contract (“Memorandum”) is a legal document that evidences the relationship between a property owner and the purchaser under land contract. To be effective, it needs to be filed or recorded in the county property records where the property is located. The Memorandum of Land Contract will specify the name of boththe
REAL ESTATE IN PROBATE: WHEN CAN AN EXECUTOR OF AN ESTATE Before we get into when an estate executor or personal representative can convey real estate, it is important to understand the basics of the probate process, which are discussed below. THE MEANING OF 'WHERE IS -AS IS' IN REAL ESTATE Common Misconception “Where is -As is” is a real estate term whereby the subject property is being sold in its present condition or current state. A Purchaser is taking a property with the understanding that there will be no “moving, cutting, shifting, replacing, redoing, changing, repairing, relocating, or refacing” anything related to the property. ARBITRATION VS. COURT LITIGATION Arbitration vs. Court Litigation. James from South Lyon wrote in last week. He and his wife are buying a new construction home in South Lyon, MI. They are having a major disagreement with the builder about the integrity of the foundation. They don’t want to move forward and they want their $55,000 earnest money deposit back. THE DIFFERENCES BETWEEN USING A REAL ESTATE ATTORNEY VS. A As a real estate attorney in Michigan, I’m often asked, what’s the difference between using a real estate attorney and a title company in a real estate transaction?. A title company ensures that a legal title to a piece of property, a piece of real estate is legitimate. And a title insurance company or a title agent searches the public propertyrecords.
FORFEITURE VS. FORECLOSURE OF MICHIGAN LAND CONTRACTS: 5 Forfeiture vs. foreclosure of land contracts in Michigan? 5 things to consider. When a buyer defaults on a land contract, the seller can generally pursue one of WHEN THE BANK DEMANDS PAYMENT IN FULL: 3 OPTIONS FOR Although the economy appears to be on the mend, many business owners still struggle. Especially those with commercial loans taken between2007 and 2009.
PROVEN RESOURCE
Brian Goodman. Mortgage Banker. "David is honest, trustworthy and based on his knowledge and experience he is the only person you should contact. He will guide you every step of the way and make you feel like family. It does not matter to David if you are a large corporation or a small business, he will treat the same way. REAL ESTATE AND PROBATE IN MICHIGAN The Application is for the Probate Register to admit the will, if any, to probate and/or appoint a personal representative. The Personal Representative is usually named in the will. Within certain legal limits, a Personal Representative has the authority to perform administrative duties on behalf of the estate and the estate’sbeneficiaries.
TERMINATING A CONTRACT: THE MANY WAYS TO END A LEGALLY There are many reasons why you may want or even need to terminate a contract. There are several legal ways that you can go about terminating a contract. THE IMPORTANCE OF A MEMORANDUM OF LAND CONTRACT A Memorandum of Land Contract (“Memorandum”) is a legal document that evidences the relationship between a property owner and the purchaser under land contract. To be effective, it needs to be filed or recorded in the county property records where the property is located. The Memorandum of Land Contract will specify the name of boththe
REAL ESTATE IN PROBATE: WHEN CAN AN EXECUTOR OF AN ESTATE Before we get into when an estate executor or personal representative can convey real estate, it is important to understand the basics of the probate process, which are discussed below. THE MEANING OF 'WHERE IS -AS IS' IN REAL ESTATE Common Misconception “Where is -As is” is a real estate term whereby the subject property is being sold in its present condition or current state. A Purchaser is taking a property with the understanding that there will be no “moving, cutting, shifting, replacing, redoing, changing, repairing, relocating, or refacing” anything related to the property. ARBITRATION VS. COURT LITIGATION Arbitration vs. Court Litigation. James from South Lyon wrote in last week. He and his wife are buying a new construction home in South Lyon, MI. They are having a major disagreement with the builder about the integrity of the foundation. They don’t want to move forward and they want their $55,000 earnest money deposit back. THE DIFFERENCES BETWEEN USING A REAL ESTATE ATTORNEY VS. A As a real estate attorney in Michigan, I’m often asked, what’s the difference between using a real estate attorney and a title company in a real estate transaction?. A title company ensures that a legal title to a piece of property, a piece of real estate is legitimate. And a title insurance company or a title agent searches the public propertyrecords.
FORFEITURE VS. FORECLOSURE OF MICHIGAN LAND CONTRACTS: 5 Forfeiture vs. foreclosure of land contracts in Michigan? 5 things to consider. When a buyer defaults on a land contract, the seller can generally pursue one of WHEN THE BANK DEMANDS PAYMENT IN FULL: 3 OPTIONS FOR Although the economy appears to be on the mend, many business owners still struggle. Especially those with commercial loans taken between2007 and 2009.
REAL ESTATE PURCHASE AGREEMENT MICHIGAN Do you have a problem with a real estate purchase agreement? Only real estate lawyers can provide legal opinions on the effects of a contractprovision found
CONTACT US - SOBLE REAL ESTATE LAW - PROVEN RESOURCE 31800 Northwestern Hwy., #350 Farmington Hills, MI 48334. Ohio Office: 27600 Chagrin Blvd #460, Woodmere, OH 44122 REAL ESTATE QUESTIONS AND ANSWERS Each week we update the Real Estate Question and Answer page (below) with answers to legal questions we receive from readers and clients regarding real estate, finance, business and probate matters. If you have a legal question of your own, please use the form below to submityour question.
REAL ESTATE IN PROBATE: WHEN CAN AN EXECUTOR OF AN ESTATE Before we get into when an estate executor or personal representative can convey real estate, it is important to understand the basics of the probate process, which are discussed below.FINANCIAL DISPUTES
Most financial disputes concerning real estate revolve around mortgages and liens. A mortgage is a legal agreement by which a bank or other creditor lends money at interest in exchange for taking a lien on the debtor’s property, with the condition that the mortgage is cancelled upon the loan being paid off by the debtor. MORTGAGE DISPUTE ATTORNEY The mortgage relationship is a long term one and it is in one’s best interest that when you buy or refinance a property, that you involve a real estate attorney like David Soble to help you navigate through the federal and state laws governing mortgages. This can help prevent later mortgage disputes that may occur at a later date, and avoid HOW PROPERTY OWNERS SHOULD DEAL WITH A BOUNDARY DISPUTE Boundary disputes involve issues that occur between two or more property owners occupying neighboring properties. Even before a property owner secures a survey, an appraisal or title work, it is best to consult with an experienced real estate attorney who handles boundary dispute matters THE MEANING OF 'WHERE IS -AS IS' IN REAL ESTATE Common Misconception “Where is -As is” is a real estate term whereby the subject property is being sold in its present condition or current state. A Purchaser is taking a property with the understanding that there will be no “moving, cutting, shifting, replacing, redoing, changing, repairing, relocating, or refacing” anything related to the property. WHEN CAN A LETTER OF INTENT BECOME BINDING CONTRACT The Problem. A real estate buyer and seller write up their own Letter of Intent (“LOI”) to engage in a real estate land lease transaction. They spend some time on the document outlining some of the chief terms of the prospective deal that they will put in a contract in the near future. MICLAND CONTRACT OR RENT TO OWN: WHEN IT COMES TO Today’s question comes from Greg in Livonia who says, “ I’m considering purchasing a home with my fiance. The seller is offering a rent-to-own program. What I want to know is there a difference between a rent to own program a land contract. At this time we don’t qualify for a traditional mortgage, but we are working on that with our loanofficer.
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