By: Bradley S. Dornish, Esq. Sooner or later most real estate investors face a real estate agreement of sale dispute. It is less likely for consumers but always a possibility. There are required non-court processes in both the PA Association of Realtors’ residential...
Real Estate Practice
Crowdlending Mortgages for Pennsylvania Real Estate Investment
By Bradley S. Dornish, Esquire Solicitation of mortgage backed loans for rest estate investment has long been regulated and greatly limited by both Federal and Pennsylvania Securities laws. Federally, under the Securities Act of 1933, the offer and sale of securities...
Investors – HR-5201 is Our Chance to Bring Back the Seller Financing Business
By Bradley S. Dornish Recently, I attended the National REIA Mid-Year Leadership Conference in Atlanta. While there, I had the opportunity to network with Charles Tassell, National REIA’s Chief Operating Officer and Director of Government Affairs, and with Jeff...
Tax Proration and Payment Tips When Buying and Selling Real Property
By Bradley S. Dornish, Esquire Last month, I was contacted by a seller who sold his home last August. He had been trying for months to figure out why he paid 2015/2016 school taxes through his tax escrow, paid more 2015/2016 school taxes at closing, and never got his...
In Act 167 PROA Sees Another Victory for Landlords Dealing with Abandoned Tenant Property
By Bradley S. Dornish, Esq. Since the passage of Act 129 in the summer of 2012, landlords in Pennsylvania have had far more direction from PA law on how to handle personal property left behind by tenants who have vacated their rental units than was ever previously...
National REIA Mid-Year Conference Brings Exciting News
By Bradley S. Dornish, Esq. ACRE is the Western PA chapter of National REIA, the National Real Estate Investors’ Association. The association has given us connections to and feedback on the quality of national speakers, and has kept us up to date on issues facing real...
Real Estate Agent or Real Estate Investor?
By Bradley S, Dornish, Esquire The old adage “If it walks like a duck and it quacks like a duck, it’s a duck” might as well be the title of this article, since most of what I am about to tell you is aptly covered by that adage. Real estate investors are often told by...
Dodd-Frank 2014 Part Two: New Federal Rules for Consumer Mortgage Loan Servicing and Loss Mitigation
By Bradley S. Dornish, Esquire In addition to the new rules for loan applications which went into effect this January, (covered in part one of this article) the Consumer Financial Protection Bureau promulgated a new set of rules governing the servicing of existing...
Dodd-Frank 2014 Part One: New Federal Rules Affecting Consumer Mortgage Loan Applications
By Bradley S. Dornish, Esquire The Dodd-Frank Wall Street Reform and Consumer Protection Act became law in July of 2010. However, the process of changing the consumer mortgage loan process in America dictated by Dodd-Frank is not yet complete. Two new sets of...
Act 93 Expands Effects of Unpaid Real Estate Taxes in PA
By Bradley S. Dornish, Esquire In late November of 2013, a simple, four paragraph amendment to Pennsylvania’s Municipal Claim and Tax Lien Law was passed by the legislature, and signed by Governor Corbett. This law, known as Act 93 of 2013, quietly became effective...