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July 20, 2010
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Did You Know?    
 
 
Three theories exist regarding who has legal title to a mortgaged property
Under the title theory title to the security interest rests with the mortgagee. Most states, however, follow the lien theory under which the legal title remains with the mortgagor unless there is foreclosure. Finally, the intermediate theory applies the lien theory until there is a default on the mortgage whereupon the title theory applies.

 


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News about real estate cases in Memphis and nationwide:

New CFA Analysis of Real Estate Cartel Explains How It Can Set Prices
New CFA Analysis of Real Estate Cartel Explains How It Can Set Prices  WASHINGTON - June 19 - This morning, the Con...
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No Speculative Bubble In Housing Prices,
No Speculative Bubble In Housing Prices, CU-Boulder Business Professor Says

While rising interest rates and increased inve...

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Houston Housing Sales Heat Up With Pre-Summer Temperatures
March Brings in Record-Breaking Home Sales and Out-Performs the U.S. 

HOUSTON — (April 25, 2006) — March home sales in the great...

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Real Estate Terms

 


Today's Terms

Appraisal

Definition:
A qualified individual who uses his or her experience and knowledge to prepare the appraisal estimate.

Housing counseling agency

Definition:
Provides counseling and assistance to individuals on a variety of issues, including loan default, fair housing, and homebuying.

Balloon Mortgage

Definition:
A mortgage that typically offers low rates for an initial period of time (usually 5, 7, or 10) years; after that time period elapses, the balance is due or is refinanced by the borrower.

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Real Estate Resources

 


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Real Estate Hot Topics

 
Topics Related to Real Estate Law:

  • Commercial Real Estate
  • Construction
  • Condemnation
  • Landlord / Tenant
  • Mortgage Matters

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Memphis Real Estate Attorney

 
If you live in the following cities and need an real estate attorney you should contact our Real Estate Attorney as soon as possible:

  • Antioch
  • Brentwood
  • Bristol
  • Chattanooga
  • Clarksville
  • Cleveland
  • Clinton
  • Collierville
  • Columbia
  • Cookeville
  • Cordova
  • Dayton
  • Dyersburg
  • Elizabethton
  • Franklin
  • Gallatin
  • Goodlettsville
  • Hendersonville
  • Hermitage
  • Hixson
  • Jackson
  • Johnson City
  • Kingsport
  • Knoxville
  • Lebanon
  • Madison
  • Maryville
  • Mc Minnville
  • Memphis
  • Millington
  • Morristown
  • Mount Juliet
  • Murfreesboro
  • Nashville
  • Oak Ridge
  • Shelbyville
  • Smyrna
  • Soddy Daisy
  • Springfield
  • Tullahoma
 


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