Chapter 13 Bankruptcy Misconceptions
"I don’t need to keep paying my mortgage after filing chapter 13 bankruptcy." This is not always correct. Depending on your local rules the mortgage payment may or may not be included in your monthly [...]
Understanding Passive Income and Losses on Rental Income
Many real estate investors that own rental properties begin to look at how they can reduce their tax obligation when taxes are due. In hindsight, this is something they should be considering at the beginning [...]
Loan Modification Fraud…. “But the bank said they were working on my modification”
We have a homeowner named Bob. Bob needs to modify his home loan modification. Bob then files multiple loan modification applications; however, he is routinely denied. Bob nonetheless persists in his efforts and is finally [...]
Split-the-Note and Deed of Trust
One of the most controversial, most discussed, but least successful strategies in mortgage law is arguing the “split the note” theory. Yet thousands of attorneys and self represented individuals keep running into this 100 mph [...]
Understanding Seller Financing
Seller financing in Texas can be a useful tool. It allows sellers to move a home faster and get a sizable return on the investment. Less qualified buyers may benefit from less stringent qualifying and down [...]
Quitclaim Deed Vs Deed Without Warranty
Ok, yes I am a nerd, and this article may not have widespread appeal, but I think it has some novel and not well-known information that even if never needed or used you will hopefully [...]