Am I Responsible For a Deceased Person’s House?
No. Even if you are the named Executor, a beneficiary or heir inheriting property from someone, if the deceased person is solely responsible for the mortgage and the sole title holder on to the property, you will have no personal liability for the mortgage. The mortgage company cannot make a derogatory remark on your credit […]
Black & LoBello On the Radio
Click here to listen to the Legal Hour on KDWN AM720 from November 2nd, 2011 in which Managing Partner, Tisha Black Chernine, Esq., discusses buying foreclosed homes, different types of deeds, notice of default, Assembly Bill 284, how to spot and clean up problems with a property title and Supreme Court cases that affect foreclosures. Please tune in to […]
Most People Don’t Understand Buying a Home
A recent Zillow survey revealed that over 42 percent of home buyers think that home values will rise by around 7 percent every year. However, this notion does not relate to the actual market and would be considered high even during pre-crisis times. In fact, home values normally rise between 2 to 5 percent. While this […]
President Obama Announces Improvements to HARP
The Obama Administration, by way of the Federal Housing Finance Agency (FHFA), announced a major upgrade to the Making Homes Affordable Refinance Program (HARP). This program is designed to help homeowners who owe more on their mortgage than the home is worth, so-called “underwater” mortgages. Homeowners of underwater homes cannot refinance their loans because lenders […]
President Obama Announces New Plan to Help Struggling Homeowners
On October 24th, 2011 President Obama announced a new plan to help homeowners who owe more on their mortgage than their house is worth. The President announced his plan while visiting us here in Las Vegas, which is the “most fun city in the world” and “foreclosure capital” of the world at the same time. […]
Black & LoBello on the Radio
Click here to listen to the Legal Hour on KDWN AM720 from October 12th, 2011 in which Managing Partner, Tisha Black Chernine, Esq., discusses how to deal with banks on the phone, loan modification, the fears associated with deficiency judgment, the purpose of mortgage insurance, construction defect issues on a short sale, landlords and underwater rental properties. Please tune […]
Black & LoBello on the Radio
Click here to listen to the Legal Hour on KDWN AM720 from September 28th, 2011 in which Managing Partner, Tisha Black Chernine, Esq., discusses the recent Case-Shiller report, the effects of low housing prices, mortgage originators, how AB 273 affects deficiency judgments, how AB 284 affects how notice of defaults are processed, robo-signers, Barack Obama’s New Jobs Plan and federal regulations that regulate debt […]
Black & LoBello on the Radio
Click here to listen to the Legal Hour on KDWN AM720 from September 21st, 2011 in which Managing Partner, Tisha Black Chernine, Esq., discusses the reverse-mortgages, debt-to-income co-signers on mortgages, mortgage modification, VA home loans, judicial review and mediation, lawsuits pursuing predatory lending, appraisal problems, tax debt and bankruptcy. Please tune in to AM720 KDWN’s “Legal Hour,” everyday, […]
Case-Shiller Index Reports Home Prices Fall 4%
Even with a seasonal increase in the month of July, home prices are 4% lower than a year ago according to data released today, September 27th, by Standard & Poor’s. The 20-city and 10-city composites of the S&P/Case-Shiller index rose 0.9% between June and July. However, each month shows a decrease by 4.1% and 3.7% […]
Black & LoBello on the Radio
Click here to listen to the Legal Hour on KDWN AM720 from September 7th, 2011 in which Managing Partner, Tisha Black Chernine, Esq., discusses the lawsuit between Fannie Mae and Freddie Mac and 17 major banks and the arguments on either side, the Nevada Homestead Act, refinancing home loans and modification options, consumer rights under the Debt Collections […]