What to do with equity
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I put this on my blog; my facebook and my email list because I think it’s so important.

Since I come from a family of attorneys, I am always worried about, “what if”.  I try to look ahead so that I try to minimize any possibility of legal hassles. One bad deal can erase a bunch of good deals and can cause major damage. I always try to avoid trouble- especially when dealing with someone in foreclosure.

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SB cty wants to seize mortgages.
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New half baked idea by govt to “solve” housing problems. San Bernadino county wants to seize underwater mortgages by eminent domain, modify them so homeowners can stay in their house.

I am totally opposed to this. I had a property I owned seized by eminent domain because the city wanted the land to build a cty building. I had no say and the price they gave me was a joke.

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