Category: Courtside Newsletter

Download a PDF version of this Newsflash Branch Manager Liability – Governor Signs SB510 BY: SYLVIA J. SIMMONS, ATTORNEY AT LAW THE GIARDINELLI LAW GROUP, APC 31594 RAILROAD CANYON ROAD CANYON LAKE, CA (951) 244-1856 WWW.GLAWGROUPAPC.COM Existing Real Estate Law requires a real estate broker to obtain a license for each branch office and be liable […]

The Giardinelli Law Group has released their September 2011 Courside Newsletter which is available for you to download. Below is one of the articles in this release. Please click on the image below for the Courtside Newsletter Spet. 2011 MARS Enforcement Stayed Against Short Sale Listing Agents -REVISIONS TO C.A.R.’s MARS RULE Q&A BY: SYLVIA […]

By: J Niswonger, Riverside County Office There is some good news for homeowners who have to sell their properties for less than they owe (known in the industry as short sales).  The California Legislature has passed Senate Bill 458, which mortgage holders from seeking to recover additional money from the seller after approving a short […]

According to statistics compiled by the California Association of REALTORS® (C.A.R.), short sales comprised 23 percent of all California home sales in February 2011; that number was 20 percent in March 2011 (see www.car.org/marketdata/data/distressedsales/). Because of the high percentage of short sales, almost every REALTOR® in California will participate in a short sale transaction at […]

Despite various reports that the economic crisis may be improving, many property owners face the continuing problem of owing thousands if not hundreds of thousands of dollars more than their properties are currently worth. Many of these owners have chosen to allow their properties to go into foreclosure rather than continue to pay on loans […]