Real Estate Defense Attorney

The Kahane Law Legal Minute is brought to you by Jeff Kahane of Kahane Law in Calgary, Canada. www.KahaneLaw.com Do you have a legal question you’d like “The Kahane Law Legal Minute” to answer? Add your legal question in the comments below or contact us at legalminute@kahanelaw.com . WARNING: This presentation is for LEGAL INFORMATION ONLY. Laws will vary by jurisdiction. They also may change by legislation or court ruling. Each situation is different and no one rule applies to every situation so it is IMPORTANT for you to contact a lawyer to get legal advice specific to your situation.

COLLIER COUNTY, Fla. – A bank foreclosure story you’ve got to see to believe. A Collier County couple turns the tables on Bank of America, the bank that tried to foreclose on their home. Now, the family is foreclosing on the bank! Even bringing trucks and deputies ready to seize property. The foreclosure nightmare started when Warren and Maureen Nyerges paid cash for a home owned by Bank of American in the Golden Gate Estates. They never had a mortgage whatsoever. But, the bank fouled it up and wound up issuing a foreclosure through their attorney. The couple took their case to court and after a year and a half nightmare the foreclosure was dropped. A Collier County judge said Bank of America has to pay the couple’s $2534 legal fees for the error. After more than five months the bank still hadn’t paid up. So, the homeowners’ attorney did just what the bank would do to get their money, legally seize their assets. “I instructed the deputy to go in and take desks, computers, copiers, filing cabinets, including cash in the drawers,” Attorney Todd Allen told WINK News. Outside the Bank of America on Davis Boulevard, several deputies stood by with movers ready to start hauling out the bank’s office supplies and furniture. Inside, the homeowners’ attorney was locked out of the bank manager’s office by deputies while the bank manger tried to figure out what to do. Allen says the manager was visibly shaken, “Having two Sheriff’s deputies sitting across your desk, and a lawyer …

www.SunwestTrust.com — (800) 642-7167, Informative Blog about buying Real Estate through your IRA. Hi, this is Dustin White with Sunwest Trust. Today we’re filming our second edition of my video blog and we’re going to talk about purchasing real estate in your IRA. When purchasing real estate in your IRA, it’s very important to do it correctly. If not, it can cause problems for both you and your custodian and it can take a lot longer. If you follow these basic steps, it’ll make purchasing real estate in your IRA very simple and an easy transaction. The first thing you’re going to do is notify Sunwest Trust of your intent to purchase real estate. The next thing you’re going to want to do is negotiate the purchase price of the real estate. There’s several ways you can purchase property, if you purchase it from an individual or purchase it on a short sale or a foreclosed home or even purchasing on a real estate contract or a deed of trust, something like that. All of these things are going to be things that you’re going to want to consider before making the investment. So make sure that you figure out what you want to do and you negotiate all these things ahead of time. The next thing you’re going to want to do is make sure that the purchaser on the property is not yourself but your IRA. So all of the documents are going to be titled to Sunwest Trust, Custodian for Your Name, IRA, and then Sunwest Trust will eventually — when the closing time comes, Sunwest Trust will sign …