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September 2007

volume 5 | issue 9

Feature Article

The scam behind “nonprofit” downpayment assistance charities

This article exposes the deception behind the so-called downpayment assistance charities.

Articles of the Month

Real Estate Practice : Disclosures on seller carrybacks

This article reviews the financing disclosures agents must make to buyers and sellers in carryback transactions.

Tax Tips : Due-on-sale regulations

This article clarifies the events which trigger a lender’s due-on clause, and analyzes the adverse economic effects of due-on regulations in the real estate market.

Legal Aspects : The unconscionable advantage some investors create

This article analyzes a seller-in-foreclosure’s after-closing right of rescission and restoration when a buyer-investor takes unconscionable advantage of the seller, and wherein an intervening bona fide purchaser (BFP) or lender acquires an interest.

Form Matters: Form 419 – Balloon payment notices

This article presents the notices to vacate served on occupants whose possessory interest has been eliminated by a foreclosure.

[Form 419]

Departments

Rate Page

A look at today’s financial rates.

Recent Case Decisions

A look at recent court cases affecting real estate.

Legislative Watch

A look at recently enacted legislation affecting real estate.

Economic Trends

A look at employment rates in California.

Supreme Court Watch

This monthly update presents real estate related issues pending before the United States and California Supreme Courts.

Just For Fun

September Events

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