I. The Legal Nature of Mortgages A mortgage is the most common lien found on real estate. The title search will provide information on the date of the mortgage, the date of the recording of the mortgage and the original or face amount of the loan. In order to...
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Bradley Dornish
Mortgage Reform and Anti-Predatory Lending Act, H.R.1728 to Pose Problems for Real Estate Investors if Passed
Just when real estate investors are consumed with local rental and state ordinances, we have received news from National REIA of a bill passed by the U.S. House of Representatives on May 7, 2009 and working its way through the Senate which poses concerns for...
Mortgage Fraud Task Force Catches Many In Western PA
In February, the Western Pennsylvania Mortgage Fraud Task Force celebrated its first anniversary by indicting fifteen more individuals in Federal Court for alleged offenses. The persons indicted face charges including closing real estate transactions with...
Finding Your Purpose as a Real Estate Investor
In the challenging economic times in which we find ourselves, we see articles in newspapers, hear on the radio and see on TV (and always in sermons at church), others extolling us to find purpose and meaning in our lives. It is suggested that we identify...
ACRE Goes to Court On First Rental Registration Ordinance and Prepares to Fight More
Last week, ACRE joined the fight with the Apartment Association of Metropolitan Pittsburgh, The Landlord Services Bureau, The Realtors’ Association of Metropolitan Pittsburgh, our state association, The Pennsylvania Residential Owners’ Association, and our...
ACRE Courses Qualify for National Professional Housing Provider Program
The National Real Estate Investors’ Association (National REIA) has started a nationwide education-based certification program designed to recognize the high level of knowledge and professionalism attained by those real estate investors who attend the programs...
A Matter of Trust
Conventions are great! We have so many national experts with incredible information and motivational presentations. I take ideas from every speaker I listen to, and incorporate them in my real estate investing and the advice I give to my clients. I’ve heard...
Pennsylvania’s New Wage Attachment Rules
On December 21, 2005, the Pennsylvania Supreme Court issued its Civil Procedural Rules, Order No. 446, Promulgating the Rules of Civil Procedure governing the attachment of wages. The order of the court was effective January 21, 2006, and finally enacted the...
Pennsylvania Passes Conservatorship Act for Blighted Property
At law, a conservator is usually the officer appointed by a court to preserve, maintain or repair the property of a minor, or of one who is incompetent. A guardian of a child who has lost his parents is a conservator. Conservators can also be appointed by the...
Allegheny County to Implement New Foreclosure Procedures
As the financial crisis has deepened, and more homeowners have faced foreclosure, the federal government is not the only place where changes are being made to bring some relief to overwhelmed homeowners. State courts are the places where the foreclosure actions...