The Mellor Law Firm, APLC

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Law Against Short Sale Deficiencies Expanded

July 19, 2011 by admin Leave a Comment

Riverside Attorney Mark Mellor

In a major victory for Homeowners facing the loss of their homes, Governor Brown signed into law today, Senate Bill 458, prohibiting a deficiency after a short sale for one-to-four residential units, regardless of whether the lender is a senior, or junior lienholder.  Effective immediately for transactions closing escrow from this day forward, both senior […]

Filed Under: Real Estate Law News, Short Sale News

California Real Estate Law – New Homebuyer Tax Credit

May 27, 2011 by Leave a Comment

In an effort to stimulate the economy, California is offering first-time homebuyers up to $10,000 in state tax credits. Two different types of homebuyer credit are available: credits for first-time homebuyers and credits for homebuyers opting for new homes. The credits are alternative credits, such that a homebuyer qualifying for both must choose one or […]

Filed Under: Real Estate Law News

Save Your House – With The Housing Market In Shambles, Who Will Pay?

May 27, 2011 by Leave a Comment

Although the real estate market began its collapse several years ago, banks and lenders continue to sort out the related issues today. According to the New York Times, during the real estate boom years banks nationwide lent homeowners more than approximately a trillion dollars in the form of home equity loans. These loans were secured […]

Filed Under: Foreclosure Law News, Short Sale News

Foreclosure Laws in California – Protection for Homeowners in Foreclosure or Short Sales

May 27, 2011 by Leave a Comment

California has been among the states hardest hit by declining real estate values. Many homeowners now find themselves “underwater,” or owing more on their home than it is worth. According to a recent report from research firm First American Home CoreLogic, 37.4 percent of California home mortgages are underwater. In such cases, if homeowners cannot […]

Filed Under: Business Law News, Foreclosure Law News, Short Sale News

Business Law Lawyers – New Federal Laws Regulating Credit Card Companies

May 27, 2011 by Leave a Comment

This past May, President Obama signed into law the Credit Card Accountability Responsibility and Disclosure Act, otherwise known as the CARD Act. This federal law aims to protect consumers from unfair credit card company policies and help consumers better manage their spending and credit. The first provisions of the law went into effect on August […]

Filed Under: Business Law News

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Recent News

Are You Dealing With a Breach of Contract?

May 17, 2022 By Denise Hansen

If you are a business owner, then you know that contracts are an important part of doing business. Contracts set the parameters for a deal and protect both parties involved. Unfortunately, contract disputes can happen. If you think you might be dealing with a breach of contract, … Read More...

5 Things to Look for in a Property Ownership Attorney

May 10, 2022 By Denise Hansen

If you're in the market for a property ownership attorney, it's important to know what to look for. Not all attorneys are created equal, and you'll want to make sure you choose one who is experienced, educated, reputable and responsive.  In this blog post, we will go over five … Read More...

How to Know When You Should File a Wrongful Death Suit

April 8, 2022 By admin

When you’ve lost someone close to you, the last thing you may want to think about is filing a lawsuit. However, in some cases, wrongful death suits can be the best way to get justice for your loved one and ensure that the responsible party is held accountable. What is a … Read More...

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The Mellor Law Firm, APLC
6800 Indiana Avenue, Suite 220
Riverside, CA 92506
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10.0Mark Albert Mellor

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