Tag Archives: Real Estate
VAR Contract & HOA Restrictions │ Attorney William D. Tucker, III
Tucker’s Tips Tip 17-2016: VAR Contract and HOA Restrictions Tucker’s Tip 16-2016 discussed that in some situations where there is “no HOA,” there still may be a set of restrictions and covenants that limit the Purchaser’s use of the property. If a recorded set of CCRs or other type of restrictions governs property not in […]
By Tucker Griffin Barnes | Published May 31, 2016 | Posted in Charlottesville Real Estate Attorney | Tagged Charlottesville Attorney, Real Estate, Tucker Griffin Barnes, William D. Tucker | Leave a comment
No HOA – Double Check │ Attorney William D. Tucker, III
Tip 16-2016: NO HOA – Double Check! The VAR Contract, in Paragraph 23, “The Property Owners Association Disclosure”, indicates whether or not the property being purchased is within a Home Owners Association (HOA). However, just because the “Is Not Located” box is checked does not necessarily mean the property is free from a set of […]
By Tucker Griffin Barnes | Published May 20, 2016 | Posted in Charlottesville Real Estate Attorney | Tagged Bill Tucker, Charlottesville Attorney, Real Estate, Tucker Griffin Barnes | Leave a comment
William D. Tucker, III │ Last Minute Changes on the CD
Tucker’s Tips Tip 13-2016: TRID – Last Minute Changes on the CD Here is another example of why it’s important to stay flexible during the closing process now dictated by TRID regulations. Although lenders theoretically have to tell the Purchaser how much money is needed for the closing well in advance of the actual settlement, […]
By Tucker Griffin Barnes | Published April 29, 2016 | Posted in Charlottesville Real Estate Attorney | Tagged Real Estate, Residential closings, Tucker Griffin Barnes, William D. Tucker | Leave a comment
William D. Tucker, III │Choose Your Own Settlement Agent
Tip 12-2016: Choose Your Own Settlement Agent Never choose the settlement agent selected by the REO bank as the seller. That settlement agent’s primary relationship is with the REO bank. Tucker’s Tips encounters time and again how using the REO selling bank’s closing agent causes needless issues and delays for a settlement. For example, we […]
By Tucker Griffin Barnes | Published April 15, 2016 | Posted in Charlottesville Real Estate Attorney | Tagged Real Estate, Residential closings, Tucker Griffin Barnes, William D. Tucker | Leave a comment
William D. Tucker, III │Charlottesville Clerk’s Office Closed
Tucker’s Tips Tip 11-2016: Charlottesville Clerk’s Office Closed Thomas Jefferson’s birthday this year is on Wednesday, April 13th, 2016, and the Charlottesville City Clerk’s Office is closed that day. However, not ALL the local Clerk’s Offices are closed. The Albemarle, Fluvanna, Louisa and Greene County Clerk’s Offices will be open and available for recording on […]
By Tucker Griffin Barnes | Published April 11, 2016 | Posted in Charlottesville Real Estate Attorney | Tagged Bill Tucker, Real Estate, Tucker Griffin Barnes | Leave a comment
William D. Tucker, III │Who is on Title to the Property?
Make sure the settlement attorney knows of everyone who will be on the deed to the property, especially if they are not going to be on the loan. Individuals who are not going to be on the loan are sometimes not listed in the contract. (In short sale and REO transactions, the deed into the […]
By Tucker Griffin Barnes | Published March 10, 2016 | Posted in Charlottesville Real Estate Attorney | Tagged Charlottesville Attorney, Real Estate | Leave a comment
William D. Tucker, III │The TRID Experience
Tucker’s Tips Tip 8-2016: The TRID Experience – With the new TRID laws in place for over four months, Tucker’s Tips has made the following observations about how TRID is affecting settlements: 1. Closings are taking about a week longer than before TRID. (This experience is apparently not just in our area. They are taking […]
By Tucker Griffin Barnes | Published February 24, 2016 | Posted in Charlottesville Real Estate Attorney | Tagged Bill Tucker, Charlottesville, Real Estate, Tucker Griffin Barnes | Leave a comment
William D. Tucker, III │Sharing Information Can Make TRID Easier
Tucker’s Tips Tip 7-2016: Sharing Information Can Make TRID Easier – Navigating a closing with the new TRID laws can prove difficult, especially when completing the CD which requires more information than the HUD and/or GFE. Tucker’s Tips has found that including certain information in the Contract can help make the closing process under TRID […]
By Tucker Griffin Barnes | Published February 19, 2016 | Posted in Charlottesville Attorneys, Charlottesville Real Estate Attorney | Tagged Bill Tucker, Charlottesville, Real Estate, Tucker Griffin Barnes, William D. Tucker | Leave a comment
William D. Tucker, III │Real Estate Closings & Winter Weather
Inclement weather causes delays in more than one way. Bad weather can cause Clerk’s Offices and other government agencies to close and as a result general delays in settlements. But now it can also cause delays regarding the 3-day requirements for CDs to be delivered to the purchaser. Due to weather, settlement agents and attorneys […]
By Tucker Griffin Barnes | Published January 28, 2016 | Posted in Charlottesville Real Estate Attorney, Residential Real Estate Closings | Tagged Bill Tucker, Real Estate | Leave a comment
Tax Breaks Moving Forward | Tucker Griffin Barnes P.C. Blog
Real Estate Tax Breaks Moving Forward On May 13th, the Senate finally agreed to debate EXPRIRE (Expiring Provisions Improvement Reform and Efficiency) a bill that would renew a number of tax breaks that expired at the end of 2013. Included in those tax breaks is the Mortgage Debt Relief Act or Debt Forgiveness Act. Under […]
By Tucker Griffin Barnes | Published June 19, 2014 | Posted in Charlottesville Real Estate Attorney | Tagged Charlottesville, Real Estate, Tucker Griffin Barnes, William D. Tucker | Leave a comment