(ATTOM)These figures represent a significant decline in foreclosure rates from the peak levels recorded during the 2010 housing crisis.

The new ground lease and capital improvements represent the interest in real property you do not already own (and that is being created through this transaction).

Patricia,I wouldn’t rely solely on the seller’s agent, as they are only sharing information provided by the seller and represent the seller’s interests, not yours.

While not my main area of practice I represented a Brooklyn credit union lender, some buyers/sellers and a few landlords in real estate transactions and rent arrears cases.While we had successes and some failures along the way I ultimately concluded that I wanted to do something different with my life and cashed out of the business.

If the seller already has an agent, the agent is his/her legal representative so it's better to deal with the agent directly than the seller.

I know the 2 str units would represent a nuance to most banks but I've seen a few programs that are okay with it even on 5 + MF.  

The agreement of forbearance or modification should have the borrowers knowledge that they are in default, that they understand that the lender is forgoing foreclosure at this time in exchange for the deed in lieu, and that the borrower is represented by legal counsel.  

Originally posted by Alison Robinson:Hello all,I am in immediate need of a Commercial/Residential Property Management Company representing owner-landlords on the South side of Chicago.

I represented a client and there was a room without a closet but the appraiser considered it a bedroom since there was a free standing closet and the tax records showed it as a bedroom.  

Pay for an out of state entity representative?