Depending on the state they live in, the property acquired by a husband or wife once they are married is considered to be community property. This rule applies unless both spouses have agreed to otherwise. Here is a look at how this works in community property states and how California state law can impact your […]
A loan modification can help if you’ve fallen behind on mortgage payments or are in danger of foreclosure on your home. Although this can be a beneficial solution in times of financial struggle, qualifying for a mortgage loan modification can be difficult. It often requires the help of a loan modification attorney. Here’s a look […]
Finding the right person to stamp your documents doesn’t sound very hard. But not all notary publics are the same; the legal requirements have changed, and notary services have become more diversified. Here are some tips on choosing a state-appointed notary public, plus information on our notary services at OakTree Law. What Does a Notary […]
This is undoubtedly a strange time for most Americans. The continued spread of the novel coronavirus has left thousands of people across the country out of work or living on a reduced salary. With all of this uncertainty, it has some homeowners worried about being able to make mortgage payments on time. Banks and lenders […]
Homebuying typically picks up in the spring, but with a pandemic and rapidly deteriorating economy, the long-term impacts on the housing market remain uncertain. A Zillow study released in March 2020 tracked housing trends during previous pandemics. It concluded that home sales dropped dramatically during outbreaks while home prices remained even or decreased slightly. Overall, […]
According to the U.S. Department of Labor, there were more than 6.6 million jobless claims in the week ending March 28, as more and more people stay home.1 Coronavirus infections and COVID-19 have devastated the U.S. job market. As the global pandemic persists, federal, state, and local governments have sought to ease the financial burden […]
There are many reasons a landlord-tenant dispute can arise, which is why it’s important to have an experienced real estate attorney in Los Angeles by your side. The most common issues include a breach of the lease agreement, responsibility to make repairs, and failure to make payments on time. Landlords and tenants may have disputes […]
There are many reasons homeowners fall behind on their mortgage payments. A job loss, decline in income, change in marital status, or medical emergency can strain your finances to the brink. Catching up on your mortgage loan may seem impossible, but it isn’t. Here are some affordable ways you can avoid the consequences of foreclosure. […]
There comes a time in every law firm’s lifespan where we have to shamelessly promote ourselves and toot our own horn. This would be that time. There are a million reasons why we believe that OakTree Law is at the top of our class, but allow us to outline those reasons here. Life is full […]
Depending on your financial situation, making monthly payments on a second mortgage can be stressful. There are several ways to relieve some of your debt and free up some cash. If your second mortgage debt is an issue, your options include to: Pay more than the required monthly payment, especially if it has a higher […]
