Property Tax Appeals Navigating the Process: Property Tax Appeals Introduction Property taxes are a critical source of revenue for local governments, funding essential services like schools, roads, and public safety. However, property owners sometimes find themselves burdened with higher-than-expected property tax valuations, leading them to seek avenues for appeal. Appealing property tax valuations can be […]
South Carolina Court of Appeals Protects Junior Lienholder Winning Bidder At Foreclosure Sale In an unanimous decision, the South Carolina Court of Appeals protected a lender that held a second mortgage lien position when that lender purchased the secured property at a foreclosure sale and the lender’s bid created surplus funds. See Wells Fargo Bank, N.A. […]
The Rules of Civil Procedure Do Not Apply to Non-Judicial Foreclosure Author: Aaron Seagroves, Esq. The rules governing non-judicial foreclosures in North Carolina have undergone drastic changes in wake of the recently published opinion, In re Foreclosure of Lucks, released by the North Carolina Supreme Court. Accordingly, the North Carolina Supreme Court has announced that […]
Property management companies and the unauthorized practice of law Author: Chad Dial The Supreme Court of South Carolina has recently clarified what actions constitute the unauthorized practice of law in the context of property and homeowner’s association (HOA) management. In this case, the Supreme Court determined that a management company engaged in the unauthorized practice […]
Bell Carrington Attorneys Published in DSNews Lindsay Carrington was featured in DSNews’ article about the upcoming new year. “The good news for title agents and settlement providers is that the housing market will continue a strong pace in 2017, fueled by low mortgage rates, the perceived safety of the U.S. real estate market and the […]
FHA and GSE Condominum Project Requirements Author: Chris Trusk, Esq. The FHA and GSEs require certification of several conditions before they will insure or purchase loans secured by a condominium. These requirements touch on the nature and condition of the property, the use of the property, the character and extent of any restrictions on the […]
Easements Shown On Plats In a recent case concerning an easements shown on plats the South Carolina Court of Appeals held that while a reference in a deed to a plat which depicts an easement creates a presumption that the grantor intended to convey the easement, this presumption can be over turned by a showing […]
Wells Fargo Chapter 13 violations Washington, D.C. – The Department of Justice (DOJ) entered into a class action settlement with Wells Fargo Bank, N.A. (Wells Fargo) on November 5, 2015 ending a case whereby the defendant, Wells Fargo, was accused of failing to notify homeowners with legally mandated disclosures relating to the increase in their […]
The Gathering Storm: HELOC Resets Home equity lines of credit are in resurgence, originations outpacing recent years without showing signs of slowing. Through June 2015 alone, new HELOCs rose almost 15% over comparable periods and exceeded the 2014’s dollar limit by 24%. Despite this growth, underwriting standards seem to remain high, with only 1.5% of […]
