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CFPB warns consumers about home equity contracts, comparing their features to reverse mortgages

Housing Wire

The companies advertise no monthly payments and require consumers to assume all costs for property taxes, hazard insurance, and property maintenance, and require a large settlement payment, similar to the loans originated in the early 2000s that were negative amortizing and required a balloon payment at the end of the loan term, the report said.

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Celink files objection seeking dismissal of fees lawsuit

Housing Wire

Live Well Financial , which alleges that companies including Celink improperly paid property taxes before they became due without legal justification or notice. As Magistrate Judge Shields held, Shakespeare has no factual or legal relation to this matter,” Celink attorneys said in the filing.

Legal 457
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How the title industry is addressing the negative effects of heirs’ property

Housing Wire

Typically, when a person passes away, it is customary for a will to specify who will inherit the property. However, wills and estate planning can be costly, and many Americans do not have the resources to legally account for their property before they pass away. How is the title industry helping to address heirs’ property?

Legal 459
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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Some popular real estate newsletter content includes: Market updates Featured listings Industry news Local news Community events Agent profiles Investment opportunities No matter what content you choose to include, your real estate newsletter should serve as a meaningful touchpoint that continuously builds your client relationships.

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‘Rules of the Game’ presentation returns to tackle reverse pros’ misconceptions

Housing Wire

“Rules of the Game,” a popular interactive session from past annual meetings of the National Reverse Mortgage Lenders Association (NRMLA), returned in 2024 to the San Diego event that took place at the end of September. These include property taxes , homeowners insurance and — if applicable — homeowners association (HOA) fees.

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9 tips for homebuyers in non-disclosure states

Housing Wire

While these online tools aren’t a definitive statement of a home’s value, they can be a great starting point, especially when combined with other data like a home’s list price, square footage, number of bedrooms and baths, property tax history, and any price reductions.

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Expert Witness Testimony: The Indispensable Role of Real Estate Appraisers in Legal Disputes

Boston Appraisal

In legal disputes, the accurate valuation of real estate can be pivotal, making real estate appraisers key expert witnesses. Their specialized knowledge and objective analysis provide crucial evidence that can shed light on complex issues, shape legal strategies, and underpin strong case arguments.

Legal 148