Joe Forward | State Bar of Wisconsin | December 28, 2015 A bank is liable for a misrepresentation that induced a homebuyer to buy a foreclosure home with undisclosed water and mold damage, even though the sale contract said the buyer was purchasing the home “as is,” a state appeals court has ruled. In 2012, Bank… Continue reading Despite “As Is” Clause, Homebuyer Wins Misrepresentation Appeal Against Bank
Category: Real Estate
#11 – Defense Victory in Breach of Fiduciary Duty
Beverly Bevenflorez | Construction Defect Journal | February 26, 2015 Earlier this month, Scott Calkins and Anthony Gaeta of Collinsworth, Specht, Calkins & Giampaoli, LLP obtained a defense verdict in a breach of fiduciary duty action involving a high-rise condominium in downtown San Diego, California. The Association asked for excess of over $3 million, however,… Continue reading #11 – Defense Victory in Breach of Fiduciary Duty
Homebuyers on their Own to Check Soil Stability
Ryan Summerlin | Post Independent | December 26, 2015 The problem of sinking homes in Ironbridge, built on hydrocompactive soils that collapse when they get wet is neither isolated nor new. Shifting soils have caused millions upon millions of dollars in property damage in Colorado, said Bob Patillo, the structural engineer who worked with Ironbridge… Continue reading Homebuyers on their Own to Check Soil Stability
FEMA Repeals Contested insurance Rule, Landrieu Says
Daily Comet – May 6, 2014 FEMA has fully repealed a provision that made it impossible for new buyers of homes or businesses to assume a property’s existing flood insurance policy, U.S. Sen. Mary Landrieu, D-La., said. She said she received word of the action during a phone call with National Flood Insurance Program Associate… Continue reading FEMA Repeals Contested insurance Rule, Landrieu Says
What Constitutes a Total Loss in Colorado?
Kenneth Kan – September 25, 2013 Colorado has been in the news for recent massive flooding that has ravaged many communities in the beautiful state. By some estimates, over 20,000 homes have been damaged or destroyed. I have clients who live in one of the flood affected areas, but thankfully they are okay and their… Continue reading What Constitutes a Total Loss in Colorado?