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MARS DISCLOSURES

FTC MARS DISCLOSURES April 13, 2011

Mortgage Assistance Relief Services Rule The Federal Trade Commission (FTC) now requires all companies that offer mortgage assistance relief services (MARS) to make three types of disclosures to short sale consumers. The rule, which went into effect March 31, 2011, also bans the collection of up-front fees. While the advance fee ban was clearly intended […]

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How Does A Short Sale Affect Your Credit Score?

April 7, 2011

Foreclosure vs. Short Sale: Which Option Is Best For My Credit Score? As someone who deals with homeowners facing foreclosure on a daily basis, I am often asked whether a short sale or foreclosure results in more damage to your credit. Unfortunately, there is no straight- forward answer. The reason why this is such a […]

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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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National Association of Realtors: LIFE ON MARS

March 11, 2011

Realtors Must Comply With The Disclosure Requirements Of The MARS Rule If They Negotiate Short Sales Or Advertise short Sale Experience.

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Massachusetts SJC Agrees to Hear More Foreclosure Cases

February 17, 2011

Earlier this week, we posted an article regarding the Ibanez Effect and the Massachusetts SJC’s decision to immediately take up a direct appellate review of the Bevilacqua case which addresses whether a third party purchaser holds legal title to a property if they purchased it from a bank following foreclosure. The always informative Massachusetts Land Use Monitor blog […]

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Government, Fannie Mae Considering Help For Housing Investors

December 9, 2010

Yesterday,  we learned that the Obama administration was pressuring Fannie Mae and Freddie Mac to write down so- called underwater loans that continue to pose a major threat to the U.S. housing market by way of the glut of homeowners believed to be at risk of default should their personal finances or home prices worsen ( http://tiny.cc/rh8kp) . […]

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Welcome to the Closing Table Real Estate Blog.

July 9, 2010

I spend many hours each day researching and reading about the latest developments in residential real estate. My intention is to share this information and hopefully create a useful resource for buyers, sellers and real estate professionals.

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