Monthly Archives: November 2011

Co-ownership of real property: Your co-owner’s fortunes can affect your own

By Mark Schedler on November 29th, 2011 Posted in Real Property

Co-owning a residence, investment or vacation property can make a lot of sense, but one should accept the fact that co-ownership is more complicated. Doing it the right way takes experience and care and should be done with the help of a good lawyer and broker. 1. There’s no substitute for integrity when picking a… Continue Reading

Underwater Condos – They have their own considerations before deciding on a short sale or other option

By Mark Schedler on November 22nd, 2011 Posted in Real Property

A client recently brought to me a situation where his nephew’s new wife had purchased a condominium unit prior to their wedding. She financed the entire price with two mortgages and now it’s under water. When advising owners of distressed properties it’s easy to begin with a discussion of the owner’s financial situation. Is this… Continue Reading

Monthly Archives: November 2011

Co-ownership of real property: Your co-owner’s fortunes can affect your own

Underwater Condos – They have their own considerations before deciding on a short sale or other option

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