Fourth Estate

reality learned was that if someone didn’t qualify for a home using traditional, sound lending practices, then they likely shouldn’t be given the loan. The mortgage meltdown also provided an opportunity for new, first-time home buyers to enter the real estate market as home prices were no longer over-inflated. Although the negative effects of the mortgage meltdown were felt throughout our country for several years, the lessons learned about lending practices were invaluable and opportunities…

Sam Stevens has two potentially legal matters that he is facing at the same time. The first case involves a verbal agreement between Sam and the manager of a national chain store. Sam invented a sound machine that imitates dogs barking in an attempt to deter burglars. Sam told the manager he would ship 1,000 units to the store. It has now been several months later and Sam has not shipped any devices and has received a letter from the store asking for the agreed upon units promptly. A few factors…

The main sources of revenue for North Charleston for the governmental-type activates are charge for services for the general government, public safety, sanitation, and culture and recreation. The other main source for governmental-type activities is operating grants and contributions for public safety, culture and recreation, community development and promotion, and interest on long-term debt. Also, another revenue source for governmental-type activities are capital grants and contributions for…

Ross there are a couple of salesmen who work together to sell unwanted real estate at exaggerated prices, the sales men are Roma, Williamson, Aaronow, Ross and Moss. The real estate agents seem to be ready to participate in illegal and unethical actions, from lying, bribery, threats, stealing, bullying and more in order to sell unwanted real estate to unsuspecting buyers. The title of the play comes from two of the real estate properties that are in the play which are Glen Ross Farms which is…

The introduction into the business world can be challenging for some and can take a long amount of time in order for one to get used to it. Whether someone owns a small, local business or works for one, it is difficult at the beginning because there is no significant revenue until the business starts picking up. Therefore, the income, and resources, will be limited until the business starts making more money, which will be a couple of years if the business is not so successful with the niche…

The “man” is holding me down. This is a common idiom many black people have become accustomed to hearing. It’s often applied when things don’t go according to plan. Job interviews, house hunting, and court cases all instances when the “man” is holding black people back. Although it’s seen as a figure of speech, there may be an underlying truth to the phrase. With that said the “man” may not be referring to an actual person, but systematic racism. This idea that any group of people is being…

As a person who is looking to take advantage of the rent-to-own program, I believe it is a great way to help people who otherwise would not be able to make such a purchase. I went to a bank, which I will leave un-named, to find out what I would need to do with them in order to get a home loan. It was at that time that I found out that, I do not have a credit score at all. The loan lady told me that I was a first for her, that she had never seen a credit score come back with no number on it. I…

formally foreclose on the folks who are in the rent-to-own option agreement. By passing that law, the skilled investors do what is called a contract for beneficial interest or virtual option, which is a form of trust that falls under the UCC, not real estate law. In layman 's terms, it’s very similar to contract for the deed, but it lies in a trust instead. The owner turns the house from real to personal property by putting it into a trust, and then the seller doesn’t have to do a…

a foreclosure on your credit report to settle down. Renting to own a home still allows you to start the family you always wanted and have your own place, and at the same time have you on the highway to home ownership. Everyone knows that the real estate market is a very rocky place, it is constantly changing, and it waits for NO ONE. Another benefit to choosing the rent-to-own option is that it allows you to secure a home while the market is at a stable state.It allows you to buy a home while…

No one likes to throw away money. But that is exactly what you do when you live in a rented apartment. You pay a monthly rent and you never see that money again. Yes, you do get a roof over your head, and hopefully all the utilities you need, such as electricity, heat, and water, but still, you are paying for things you will never own. Instead that money is going into someone else’s pocket. In other words, you are throwing away money. It is disappearing out of sight and you have nothing to…