Author Archive
Home Affordable Foreclosure Alternatives Program (“HAFA”)
There may be some good news for people at risk for foreclosure. (Note, I said “may be”.) The Obama administration has created a program to speed up short sales, deeds-in-lieu transactions, and other loan modification options to help distressed homeowners.
On November 30, 2009 the administration released the Home Affordable Foreclosure Alternatives Program, (“HAFA”) which [...]
February Charity Luncheon Reminder…..HELP!!
It’s time to start our monthly charity luncheons again. We begin with our first one of the new year tomorrow, February 3 at noon.
You may have noticed that I put “HELP!!” in the title. That’s because while we believe all our charity events are important, this one’s much more important.
Last week, I learned of a [...]
November Charity Luncheon Reminder
I wanted to remind you all that Wyckoff & DeMott and the Steinberg Law Firm are having our November charity luncheon this Wednesday, November 4, at noon. This month our sponsored charity is the Charleston Trident Association of Realtor’s reading mentoring program. Please bring age-appropriate books for elementary school children. CTAR will get the books into the [...]
Introducing the New RESPA Rule
The U.S. Department of Housing and Urban Development amended its RESPA (“Real Estate Settlement Procedures Act”) Rule back in November of 2008. Since that time, there have been numerous attempts to derail implementation of the new rule, including legal challenges. However, those efforts have failed, and implementation of the new RESPA rule will occur as [...]
October Charity Luncheon Reminder
I wanted to remind you all that Wyckoff & DeMott and the Steinberg Law Firm are having our October charity luncheon this Wednesday, October 7, at noon. This month our sponsored charity is Simply Divine Garden, which was founded by Darcy Whalen. Simply Divine Garden works with cancer patients by helping create gardens at cancer patients’ [...]
Back Links for Realtors, Originators, and Goat Farmers!
Tonight I had an epiphany. What could I give to my loyal subscribers in addition to useful information? Then it came to me! I can link back to their websites on the blog. If you don’t understand the value of this, you need to know a little about SEO, which stands for Search Engine Optimization. The [...]
Nightshirts, Bikinis, and Using a General Power of Attorney for Closing
You or your client has a document entitled “general durable power of attorney.” Will it be sufficient for the closing?
First, let’s discuss exactly what a general durable power of attorney is and what it’s not. Powers of attorney are documents giving attorneys-in-fact or agents power to act on behalf of the principal. By way of [...]
September Charity Luncheon Reminder
We’ll have our September charity luncheon on Wednesday, September 2. Our sponsored charity will be Hand Tools for Hope. Hand Tools for Hope gets hand tools to those in need in Third World countries. As always, there will be plenty of good food. Please bring a hand tool or donation if you are able to do so. [...]
Like Getting Smacked with a Mallet
Transferring property to your children to avoid probate causes a multitude of legal problems. See my recent post on Bankruptcy Law Network for a brief discussion on why this is such a bad idea. http://www.bankruptcylawnetwork.com/2009/08/10/transferring-property-to-avoid-probate-like-getting-smacked-in-the-head/
August Charity Luncheon Reminder
Just a reminder that we’re having our August charity luncheon this Wednesday, August 5 at noon. We took a month off in July and are looking forward to seeing you all again. Our sponsored charity is Operation Home, which makes emergency home repairs for disadvantaged residents of Berkeley, Charleston, and Dorchester counties.
We look forward to seeing you!
–Russ DeMott
