We strive to be second best to none - which separates typical from terrific!
At the Law Offices of Ronald S. Webster you will find qualified, experienced individuals whose objective is to provide prompt, efficient, result-oriented services to assist clients in achieving their personal and business goals. We are not afraid to dream-up new approaches to solve complex and challenging issues which confront us day-to-day. That is why we will not settle for anything less than second best to none!
DO YOU PREQUALIFY THE SELLER AND LISTING AGENT BEFORE YOU SUBMIT AN OFFER?
Mon, 10/11/2010 - 14:10 Ron Webster
Agents are familiar with banks requesting the purchaser of an REO property or the buyer of a short sale to furnish proof that the buyer is pre-qualified before the bank accepts the offer. However, turnaround is fair play. If you have a qualified buyer why commit them to a property for the next 60 to 180 days only to discover the short sale will most likely be rejected?
Unfortunately, many realtors take short sale listings and have no clue what they are doing. Even worse there are title companies or law offices that have little experience processing them. First before submitting an offer, ask the listing agent these questions:
Each August Florida property owners receive a proposed tax bill. Florida law provides that a minimum of 25 days shall be given to object to the property assessment. You are not entitled to challenge the assessment at any other time of the year.
Much confusion exists as to how values are established. Collier County cannot send an appraiser out to each home so the county utilizes the mass appraisal technique. This is neither an art nor a science and often leads to inequitable results. Like the passenger sitting next to you on a plane, your neighbors property may be assessed completely different from yours and the two of you are paying completely different fares.
TRUTHS, MYTHS AND DOWNRIGHT LIES ABOUT THE SHORT SALE PROCESS
Fri, 08/06/2010 - 09:41 Ron Webster
What is a Short Sale?
The National Association of Realtors defines a short sale as a transaction in which the lender, or lenders agree to accept less than the mortgage amount owed by the current homeowner. In some cases, the difference is forgiven by the lender and in others the homeowner must make arrangements with the lender to settle the remainder of the debt.
PART I PARADIGM SHIFT IN PROCESSING SHORT SALES
A. Lender Short Sale Response Time
MYTH: Banks must respond to short sale offers within ten (10) days after submission.
Florida Land Trusts are simple to create and are an excellent planning tool for residents and non residents alike. In fact, I submit they are the best solution for foreign buyers. One reason they are seldom used is that few people are familiar with Florida Land Trusts including Realtors, title companies and ironically many attorneys.
BUYER BEWARE....A BUYERS GUIDE TO NAVIGATING FORECLOSURE MINE FIELDS
Mon, 03/08/2010 - 10:50 Ron Webster
Prices may look attractive and the subliminal thought of benefiting from someone elses misfortune may be psychologically appealing, however, that doesnt mean a buyer should let their guard down when negotiating with a bank over a REO (Real Estate Owned) property recently acquired through foreclosure.
Although banks have a fundamental desire to unload a non-performing asset from their books, buyer beware, banks can be extremely difficult to work with.
Below is a list of ten common pitfalls buyers should be aware of when purchasing foreclosed properties from banks.