Tag Archives: Tampa Real Estate Lawyer
What is FIRPTA and when is it Applicable?
While we shy away from tax issues, they do intersect real estate law from time to time. One such intersection is FIRPTA – the Foreign Investment in Real Property Tax Act of 1980. When does FIRPTA apply to a transaction? What is the responsibility of the Seller? The Buyer? The Realtor(s)? The Title Company? … Read More »
My Siblings Want to Buy My Share of the Family Home
This week’s blog comes from a question from another podcast listener: My father recently passed and left me and my two siblings each a 1/3 share of his house. His house has no mortgage on it and my siblings want to sell the house. Before the sale, they want to buy my 1/3 of… Read More »
Should I form an LLC or Corporation?
I’ve seen a recent trend amongst consultations of people who invest in real estate that they own in their name alone and this can be very dangerous from a liability perspective. To help these clients, I typically discuss at least 5 forms of owning a real estate investment business. There are a few more… Read More »
I’m Buying Investment Property! What do I do next?
The most common question I get from Real Estate Investors is “when do I need to hire you?” Typically, you hire me at the beginning to make sure everything runs smoothly, or you hire me after everything has hit the fan! To make sure things go smoothly, I’ve thought of some due diligence items… Read More »
Do I Have to Pay My Mortgage After a Divorce?
Recently, I spoke at Become A Better Agent, a seminar hosted by Insured Title Agency and Synergy Title Partners in Tampa Bay. One topic of my presentation was the identity of the proper party to sign and sell real estate, especially in a situation where the parties are divorced. Many times, the party that… Read More »
Reforeclosure Helps Remove Omitted Junior Liens
Recently, we helped a client who bought real estate at a foreclosure sale but realized that the plaintiff’s attorneys forgot to include a junior lien in the foreclosure lawsuit. Luckily, there is a process in Florida to eliminate that junior lien, even after the foreclosure lawsuit is complete and the property is sold at… Read More »
Top 5 Myths about the Freddie Mac Exclusionary List
Few people understand the Freddie Mac List, what it means to be on that List, and how to come off the List. In the time we’ve been representing clients to come off the List we’ve come across some myths and misconceptions, so we want to dispel some of those: Being on the Freddie Mac… Read More »
What Options are Available To Non-Performing Note Holders?
Very often, when working with someone in foreclosure, I’m asked “What options do I have with the bank?” My response is that the bank can do anything they want; the real question is what will the bank do to help? Unfortunately, the banks are restricted to what they can do by federal laws (RESPA,… Read More »
How do I Remove Someone from the Title to my House?
We received another listener question this week: “When I purchased my home, I had my daughter added to the Deed so that she could inherit the house when I die. However, we have not talked in years and I want to take her name off of the house and leave it to someone else. … Read More »
How Do I Come Off the Freddie Mac Exclusionary List?
Over the years I’ve created content around the Freddie Mac Exclusionary List – videos, Crushing Debt Podcast episodes and blogs. Put simply, the Freddie Mac Exclusionary List is a list of real estate professionals that Freddie Mac believes have taken some action, failed to take some action, originated loans, or have some systemic failure… Read More »
