Super Liens Explained

What is a super lien? If a homeowner does not pay homeowners’ association (HOA) fees and special assessments then the HOA can file a lien that will attach to the property.  In certain states however, homeowners’ association liens are given “super lien” status. A super...

Seller Finance and Dodd Frank Rules

What is Dodd Frank? 2010 – Barack Obama signed into law the 2,314 page Dodd-Frank Wall Street Reform and Consumer Protections Act. Dodd-Frank Act (DFA) restructures the oversight of financial regulation and amends the TILA (Truth in Lending Act). These laws...

Free Car With Note Purchase

BUY CAR WITH CASH Buy new car with cash – $30,000 6 years later car is worth $9,500  6 year loss $20,500 in depreciation 12 years later car is worth practically nothing. First 5 years cars depreciate 15-25% each year. See graph below published on Edmunds...