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February 06, 2012
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Did You Know?    
 
 
Equity skimming is a type of scam
In this type of scam, a "buyer" approaches you, offering to get you out of financial trouble by promising to pay off your mortgage or give you a sum of money when the property is sold. The "buyer" may suggest that you move out quickly and deed the property to him or her. The "buyer" then collects rent for a time, does not make any mortgage payments, and allows the lender to foreclose.

 


  Newsroom  
 


News about real estate cases in Cleveland and nationwide:

Commissioner Garamendi Responds To Judge’s Ruling On Insurance Industry Challenge To Emergency Homeowners Regulations
I’m here to tell you that this judge’s decision is dead wrong.

As Insurance Commissioner, it is my job to protect the consumer. It is my du...

Read more >


April Survey Of Real Estate Trends Finds Continued Gains In Real Estate Markets
"Our surveys have shown steady improvement in real estate markets since early last year," FDIC Chairman Ricki Helfer said. "We are pleased to repor...
Read more >


Martinez Announces 'Homebuyer Bill Of Rights' - Part Of Bush
WASHINGTON - Individuals and families who want to buy or refinance a home will find the process significantly easier under a proposal announced tod...
Read more >


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Real Estate Terms

 


Today's Terms

Fair Housing Act

Definition:


Flood insurance

Definition:
Insurance that protects homeowners against losses from a flood; if a home is located in a flood plain, the lender will require flood insurance before approving a loan.

Foreclosure

Definition:
A legal process in which mortgaged property is sold to pay the loan of the defaulting borrower.

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Real Estate Resources

 


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Real Estate Hot Topics

 
Topics Related to Real Estate Law:

  • Commercial Real Estate
  • Construction
  • Condemnation
  • Landlord / Tenant
  • Mortgage Matters

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Cleveland Real Estate Attorney

 
If you live in the following cities and need an real estate attorney you should contact our Real Estate Attorney as soon as possible:

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  • Columbus
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  • Stow
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