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Flipping Scams
In recent years, so-called "flipping scams" have received widespread attention in the media. How does it work?
Mortgagee Insurance
Most residential real estate transactions involve a mortgagee. A mortgagee is the financial institution that loans the money to enable the homeowner to purchase the real estate. The mortgagee is a creditor of the homeowner. When the mortgagee lends the funds, it takes back a security interest in the real estate. As a secured creditor, the mortgagee is entitled to protect its interest in the real estate to the extent of the unpaid balance of the mortgage.
Zoning Laws
Zoning law is a mechanism by which government controls the use of land.
A Neighbor's Barking Dog
The regulation of noise from pets is governed by state and local law. The laws vary widely and must be consulted individually for further details. Generally speaking, however, most localities have laws in place that set forth restrictions as to barking dogs.
What If My Lawyer Gives Me Bad Advice on a Real Estate Transaction?
Hopefully, you will be completely satisfied with the services provided by your lawyer. If, however, you have a dispute with your lawyer, talk with your lawyer directly and try to work it out. Often misunderstandings or miscommunications can be resolved between you and your lawyer.



