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Is having a will important??

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wills

My answer to this question is often identical to the answer I give to children when they ask why going to school is important.

Simply put…it IS important if you care about yourself and your love ones and want to have as much control as possible on the outcome of your life.
Pretty simple… A will generally provides a person with an opportunity to ...

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Mortgage Debt Relief Act Extended Until 1/1/2014

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As part of the fiscal cliff final bill, Congress has extended the Mortgage Debt Relief Act, which was set to expire on January 1, 2013, until January 1, 2014. The folks over at DSNews.com reported the story yesterday.

Struggling homeowners who are considering a short sale or modification will be eligible for tax relief in 2013.

The “fiscal cliff bill” passed by Congress on January 1 included a provision to exclude borrowers from paying taxes on debt forgiven through a ...

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Debt Settlement Companies Live Off Of Your Fear And Do Not Need To Exist

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I was recently retained by a client who – like many people struggling nowadays – tried to tackle their mounting financial problems by going to a debt settlement company.  I’ve said it before and I’ll say it again: debt settlement companies are a rip-off. Consider the proof: Clients wallet is as empty as ever and she is no better off then when she went to the debt settlement company in the first place.

My client somehow got connected with this outfit out ...

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The End of Short Sales???

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While neither candidate seemed to have a solid answer….let alone an answer at all….on how to handle the millions of homes currently “under water” and the even more currently sitting vacant as properties owned by the banks (“REO”), we are about to hit a very important fork in the road.  Short sales, a phenomenon that emerged as a response to the housing crisis, have been a significant factor in the “recovery” of the housing market, with some reports stating upwards ...

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What I Won’t Do

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Everybody has to blow off steam once in a while, even us lawyers. So here is the story of something that happened at the office today. Maybe sharing this experience will help others, or at least entertain.

This morning received a call from a homeowner in Lexington, MA. Ok, ok, so for privacy purposes it wasn’t really Lexington but it was a town similar.

He was not very forthcoming right away and I got the sense that he was embarrassed to be ...

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MA Real Estate Continuing Education Seminar – 4 Complimentary Credits – Liss Law, LLC

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Liss Law, LLC is pleased to invite you to attend an educational seminar where you will receive 4 complimentary CEU credits.
Breakfast & Lunch will also be provided

WHERE:  Brookline Golf Course – Robert T. Lynch Municipal Course

WHEN:    December 4, 2012

RSVP to ceu@lisslawboston.com

 

 

 

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Renting Vs. Buying

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While there has always been 3 sides to the issue…..those that support Buying…..those that support Renting…..and those who just have no opinion on the subject, I believe now we have some data that can at a minimum resolve some of the debated questions about whether it is best to Buy or best to Rent.

The obvious pro’s of ownership are the tangibles; equity, privacy, ability to make improvements, etc.  The we have the intangibles; The notion of homeownership has been passed ...

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Bank of America Offering Incentives to Borrowers

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Bank of America’s short-sale relocation assistance program offers incentives to borrowers with payments ranging from $2,500 to $30,000.  In addition, BoA announced it was shortening decision times on short-sale offers to 20 days, down from 45 days or longer.

A shortsale allows your home to be sold, avoiding the stress and sometimes embarrassment of foreclosure and has much less of an impact on your credit than a foreclosure.  To avoid negative consequences like foreclosure, condemnation, bankruptcy and bad ...

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New England Real Estate Market Reports Strong Growth

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It’s a good time to be a consumer in today’s market.

Several articles and reports have praised the economic turn around in the New England area with the housing market being among several sectors that showed signs of real improvement.  The strength of Boston’s commercial market continues to stand out within the region and nationally, making it the target of a tremendous amount of investor interest.

In addition, Continue Reading ?

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