Short sales, where owners sell their houses for less than they owe, can offer underwater borrowers an alternative to foreclosure. Equally important, they can give financially troubled homeowners a fresh start.
Critics say that selling a home for less that it is worth can come with a steep…
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To me, I think this really says something about the current legal job market and size of debt many attorneys have taken on. It also shows, despite the many incredibly well educated, bright, and insightful individuals I met at law school… there are still some that make some stupid mistakes. Click this or the post title for a link over to the ABA article. Essentially Mass Appeals Court Attorney is making $94K/yr from tax payers and decides to offer to place ad on Craigslist saying he would write term papers for $300.00 and guaranteed a good grade. He was later busted by a freelance reporter.
I mean this person was making good money but still was looking for extra income… just a guess but probably b/c they had $200,000.00+ debt from his education.
Funny… I would never volunteer to write anyone’s paper, and if I ever had/did, I would definitely have asked for more money. I mean this has to take a few hours no?And billing out at short money would be at least $150/$200 hr… not a lot of money to be made not to mention the stress on that “guaranteed good grade”. Everyone knows grading is entirely subjective.
And telling them where you work? Maybe I should have said this article just shows how unaware some attorneys can be about the nature of the internet and the material you put up there. On that note, I am shutting my (figurative) mouth.
From the article, for law students, new and seasoned attorneys alike:
“Advertising writing services, for a fee, for something that could be submitted for academic credit violates the rules of professional conduct, according to the Massachusetts Board of Bar Overseers of the state supreme judicial court. It is also against state law in Massachusetts, though the Board of Bar Overseers General Counsel Michael Fredrickson told the Telegram & Gazette that he was unsure whether Bonazzoli would be prosecuted. “We’ve never had anything like this before,” he said.”
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This will get a laugh out of my friends in Real Estate… funny movie trailer about trying to sell a haunted house. For the record, in Massachusetts anyway, your Real Estate Agent does not have to tell the buyers the house is haunted!
Massachusetts General Laws Chapter 93, section 114:
The fact or suspicion that real property may be or is psychologically impacted shall not be deemed to be a material fact required to be disclosed in a real estate transaction. “Psychologically impacted” shall mean an impact being the result of facts or suspicions including, but not limited to, the following:
(a) that an occupant of real property is now or has been suspected to be infected with the Human Immunodeficiency Virus or with Acquired Immune Deficiency Syndrome or any other disease which reasonable medical evidence suggests to be highly unlikely to be transmitted through the occupying of a dwelling;
(b) that the real property was the site of a felony, suicide or homicide; and
(c) that the real property has been the site of an alleged parapsychological or supernatural phenomenon.
No cause of action shall arise or be maintained against a seller or lessor of real property or a real estate broker or salesman, by statute or at common law, for failure to disclose to a buyer or tenant that the real property is or was psychologically impacted.
The Selling, A Real Estate Agent Tries To Sell A Haunted House
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According to the BBA, when the new Homestead Legislation goes into effect in 90 days, on March 16th, 2011, here are some of the things that it will do:
- Provide automatic protection to any primary residence up to $125,000 in equity in the home
- Clear up ambiguities and make rules for filing a homestead declaration more logical - Protect beneficiaries of trusts
- Clarify that a refinancing mortgage will not be able to terminate previously filed homesteads (this is a big one for those of us in practicing real estate law in Mass)
- Protect proceeds from the sale of a home or insurance
- Protect spouses and co-owners who transfer property amongst themselves
- Extends homestead protection to manufactured homes
I’m sure we’ll have a post up on the Mass. Real Estate Law Blog soon, and there is already a post on the then prospective changes.
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Just a heads up faithful Lawesome readers, you shouldn’t be texting while driving anyway, but now you’ll be paying a stiff fine if you do it.
There was a time where we weren’t married to our phones, when you’re driving, put the damn thing away and people are just going to have to wait until you are parked.
The punishment is most severe for young drivers. A 1st offense for junior operators will be a $100 fine, a 60-day license suspension, and required attendance at a “driver attitudinal retraining course.’’ Subsequent offenses will bring greater penalties.
For adults, a first offense will be a $35 fine; the fines increase for repeat offenses within 12 months but do not count against insurance.
My issue here is, if I’m pulled over, how does the cop know that I’m not just typing in a phone number to call, which as I understand it is not illegal, versus typing out a quick text? The enforcement of this is going to be interesting as its not like the NY laws where you can’t really be on your phone at all.
Who has some thoughts on this?
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Scoring was based on cost of doing business, workforce, quality of life, economy, transportation & infrastructure, technology & innovation, education, business friendliness, access to capital and cost of living… and somehow Texas ranks highly in most categories. Great to see Mass breaking into the top 5… feel like we have everything on the category list in spades, but we do have an expensive cost of living… something Texas clearly has as an advantage.
