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Selling mortgage leads is legal, so why are referrals not?

By Jack Guttentag, Monday, May 1, 2006.

(This is Part 2 of a three-part series. See Part 1 and Part 3.)

Last week, I advised against becoming a mortgage lead. That means ignoring the too-good-to-be-true mortgage promises that bombard every computer user today.

The promises are either not true or extremely misleading. Their sole function is to hook you into filling out an information form, which makes you a lead.  more...

Widow faces uphill battle to claim wife's share of real estate

By Robert Bruss, Monday, May 1, 2006.

DEAR BOB: In 2001, my son got married and purchased a home, but the house is titled under his wife's daughter's name. The reason was my daughter-in-law owed the Internal Revenue Service a large amount of money. My son has paid all the expenses such as mortgage payments, property taxes and maintenance. His wife recently died of cancer. What are my son's rights to this property? --Celia C.

DEAR CELIA: Your son should immediately consult a local real estate attorney. I presume the daughter is at least 18. The simple solution is for her to sign a quitclaim deed to your son.  more...

Unreasonable buyers can block home-sale process

By Dian Hymer, Monday, May 1, 2006.

Last year, a Piedmont, Calif., home seller agreed to sell his home to a buyer for what he thought was a reasonable price. In fact, the price he accepted was lower than he felt was fair market value for the home.

The seller agreed to the price because the buyer had carefully reviewed the seller's disclosures and reports on the property.  more...

 
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