Federal Estate Tax and Carryover Basis in 2010 – The Unthinkable With its priorities elsewhere last year, the U.S. Congress failed to address a major problem with the 2001 federal estate tax law that may wreak havoc with estates of people who die in 2010. Under the 2001 law, the federal estate and generation-skipping taxes … Continue Reading
Part I of this article identified some of the issues brokers encounter when listing property which is, or which might become, the subject of a divorce. This article continues to identify issues and discusses some of the general solutions. Access To The Residence May Be Blocked A divorcing spouse who does not want the house … Continue Reading
Q: I will be entering into a listing agreement with a married individual who may soon be getting divorced. I also have a listing with a couple who is now getting divorced. What issues might arise? A: Involvement with a married person who might get divorced or who is currently going through a divorce … Continue Reading
Parties in a divorce case should pay close attention to resolving issues concerning whether maintenance will continue after remarriage. The economic lives of spouses are frequently closely intertwined in marriage. It is often impossible to later segregate the respective decisions and contributions of the spouses. This legislative declaration is the basis for “maintenance” (also … Continue Reading
If you are a REALTOR® or Mortgage Lender working with a property in foreclosure, please obtain written authorization signed by the borrower that allows us to release information to you and follow the instructions below. PAYOFF Payoff means to pay the entire loan balance, typically through a refinance or a sale of the property. If … Continue Reading
DELINQUENCY: The day after a payment is due, a loan is DELINQUENT. If the grace period runs until the 16th of each month (as it does for all FHA loans) and payments are posted each month on the 10th, then the loan becomes DELINQUENT for a short period each month. DEFAULT: A loan is … Continue Reading
REPAYMENT PLAN To ask your lender to set up a repayment plan for you, if we represent your lender, then please send a request to our office, via fax to 303-494-6309 or via regular mail to 4750 Table Mesa Drive, Boulder, CO 80305, Attention: Foreclosure Department. Please include your name, property address, lender’s name, loan … Continue Reading
Repayment Plan Request Form Cure / Reinstatement Request Form Payoff Request Form Notice of Intent to Cure Form
CO-Author: Jon Goodman, Esq. As businesses reduce staff or shut down locations, they often remain obligated on long term leases. Subleasing unused space helps offset continuing liability. Subleases are often documented by simple forms specifying the premises, gross rental rate, security deposit and duration for the sublease, but then address other issues by incorporating the … Continue Reading
CO-Author: Jon Goodman, Esq. As businesses reduce staff or shut down locations, they often remain obligated on long term leases. Subleasing unused space helps offset continuing liability. Subleases are often documented by simple forms specifying the premises, gross rental rate, security deposit and duration for the sublease, but then address other issues by incorporating the … Continue Reading
