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April 2016 Archives

Will federal lawsuit prevent maiden sea voyage to Cuba?

President Obama made headlines last month when he became the first sitting Commander-in-Chief to visit Cuba since 1928. Indeed, his historic visit to the island nation marked the latest step in our nation's rebuilding of ties with our former Cold War foe, which, to date, has seen trade deals implemented, and embassies reopened in both Washington, D.C., and Havana.

Helping you understand more about adjustment of status

For those people who have come to the U.S. on a temporary -- or nonimmigrant -- basis, the American Dream is realized the day they are officially granted legal permission to remain here on a permanent basis, such that they are free to pursue their professional calling, put down roots and enjoy the freedoms to which they have become accustomed.

Do you know enough about purchasing a home?

One of the more exciting times in a person's life is when they finally come to the realization that they can start the process of looking for their first home. That's because it means that not only are the days of living in a cramped apartment or a parent's home coming to a close, but that a new chapter in life is about to begin.

Helping protect the bottom line when business disputes arise

From managing inventory and balancing the books to developing new offerings and ensuring compliance with local ordinances, the work of a business owner is never really done. Indeed, there often aren't enough hours in the days for these determined entrepreneurs, all of whom want nothing more than to see their operations thrive.

Buying Loan Documents or Paying off the Mortgage?

Refinancing commercial real estate in Florida is expensive. In addition to the typical bank fees and costs for the appraisal, environmental report, recording costs and lender loan fees, the borrower must pay fifty five cents per every one hundred dollars of the loan amount for intangible and stamp taxes. For a million dollar mortgage, that comes to $5,500.00 payable to the State of Florida.

Purchasing Real Estate? Be Aware of this Advanced Scam

Scammers are now targeting real estate purchasers with a new tactic. One of the latest Scam Alerts from the Federal Trade Commission (FTC) highlighted a phishing scam for mortgage closing costs. This scam is more advanced than the standard email phishing scam because it requires that the scammers first hack into consumers' and real estate professionals' email accounts. The scammers then proceed to tell a legitimate purchaser that the wiring instructions have changed and provide the purchaser with "revised" wiring instructions. The wiring instructions provided by the scammers route the money to the scammer's account.  Any victim who falls for this will likely never see their money again.

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