A House Is its Own Best “Comp”

A House Is its Own Best “Comp”

by Attorney William Bronchick An appraisal is a certification by a licensed professional that a house is worth a certain amount based on comparable sales. It is, however, an opinion of value based on one person’s analysis and experience. The actual “market value” is...
You Have to SELL a House to Get it Sold

You Have to SELL a House to Get it Sold

by Attorney William Bronchick Whether the market is slowing and investors are drowning in house payments or it’s a HOT real estate market, you want to sell your property as quickly and for as much money as possible.  But, is there something you can do about it?...
How to Be an  Ethical Real Estate Investor

How to Be an Ethical Real Estate Investor

(You Don’t Have to be a Slimeball to Get Rich!) by Attorney William Bronchick Many people have a very 19th-century view of real estate investors. They think that we are modern-day “robber barons” who prey upon distressed or ignorant people, take advantage of them, and...
Has TV Changed Real Estate Investing?

Has TV Changed Real Estate Investing?

By Attorney William Bronchick If you take a look through the television stations on almost any given day there is a television show somewhere that features home improvement, real estate investing, or some sort of combination of the two. From shows that teach people...
5 Great Reasons to Use Land Trusts

5 Great Reasons to Use Land Trusts

  By William Bronchick, Esq.  Do you own real estate in your own name or an LLC?  If so, you are a sitting duck for tenant lawsuits, the IRS and code enforcement.  Whether you own in your own name or an LLC, the information is public about who’s behind the ownership...

Dealing with Real Estate Agents as a Real Estate Investor

by Attorney William Bronchick Real estate agents have a valuable source of potential deals for the real estate investor – the Multiple Listing Service. Unfortunately, real estate agents have a monopoly on this information in many parts of the country, so they may be a...
The Mortgage Elimination Scam

The Mortgage Elimination Scam

by Attorney William Bronchick The mortgage elimination scam has been sweeping the country. You’ve seen the emails: “Legally eliminate your mortgage!!” Can this possibly be true? Well, I’ve read the claims and researched the law and here’s what I came up with. The...
There’s No “Due on Sale Clause” Jail

There’s No “Due on Sale Clause” Jail

How to Take a Property Subject To An Existing Mortgage by Attorney William Bronchick The “due-on-sale” clause is probably the most talked about, feared and misunderstood topic in real estate. This article will dispel any misunderstandings you may have about the...
How to Evaluate a Property’s Value in Today’s Market

How to Evaluate a Property’s Value in Today’s Market

By William Bronchick, Esq.  In today’s market where there are so many foreclosure and bank REO sales, figuring out the real value of a property can be difficult.  The comparable sales method is the most commonly used — and still the most accurate one...