Real Estate Law

Large Inventory of Foreclosures in Massachusetts Just Now Coming to Auction

September 14, 2016

Foreclosure auctions in Massachusetts were up 44 percent over the first seven months of this year, as compared to the same period in 2015. David Cotney, the Massachusetts Commissioner of Banks, told MassLive that the state is currently “having to clean out a large inventory of mortgages that have been in default for years.” Massachusetts […]

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Massachusetts ‘Witness Only’ Real Estate Closings May Lead To Board of Bar Overseers Complaint

July 30, 2013

Massachusetts Requires Attorney’s Substantial Involvement in Real Estate Closings  According to Massachusetts Lawyers Weekly, real estate attorneys who perform “witness-only” closings on behalf of settlement services companies may avail themselves to a Board of Bar Overseers complaint. The Real Estate Bar Association (REBA) said it plans to begin filing BBO complaints this fall, the latest in […]

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How To Keep Buyers Committed To A Massachusetts Short Sale Transaction Without A Signed Purchase And Sale Contract

May 12, 2011

During this past week alone , I have received ten new short sale requests.  As a Massachusetts short sale negotiator, my services are generally not required until the buyer and seller execute an Offer to Purchase. Once the offer is signed,  the buyer’s agent inevitably calls me to request the seller attorney contact information so […]

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The Massachusetts Homestead Act

March 16, 2011

Effective today, Chapter 395 of the Acts of 2010 amends the current Massachusetts homestead law. The new law creates an automatic $125,000 protection on all homes that do not have a homestead declaration filed at the Registry of Deeds. The law still provides a $500,000 homestead protection for all homeowners who file a declaration at […]

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