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	<title>Peter Lewi Real Estate</title>
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		<title>Seller Financing</title>
		<link>http://www.masterpiecerealtyassociates.com/2012/04/22/seller-financing/</link>
		<comments>http://www.masterpiecerealtyassociates.com/2012/04/22/seller-financing/#comments</comments>
		<pubDate>Sun, 22 Apr 2012 19:36:09 +0000</pubDate>
		<dc:creator>masterpiecerealtyassociates</dc:creator>
				<category><![CDATA[San Diego Legal News]]></category>
		<category><![CDATA[San Diego Real Estate News]]></category>

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		<description><![CDATA[Whenever a seller carries back a promissory note secured by a deed of trust to the property the parties need to fully understand that in addition to their roles as seller and buyer they will have an ongoing relationship as lender and borrower. When the seller extends credit to the buyer in California the parties [...]]]></description>
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		<title>Mortgage Forgiveness Debt Relief Act of 2007 to Expire Soon</title>
		<link>http://www.masterpiecerealtyassociates.com/2012/04/14/mortgage-forgiveness-debt-relief-act-of-2007-to-expire-soon/</link>
		<comments>http://www.masterpiecerealtyassociates.com/2012/04/14/mortgage-forgiveness-debt-relief-act-of-2007-to-expire-soon/#comments</comments>
		<pubDate>Sat, 14 Apr 2012 20:17:34 +0000</pubDate>
		<dc:creator>kwhelehon</dc:creator>
				<category><![CDATA[San Diego Legal News]]></category>

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		<description><![CDATA[It is very important for a Homeowner considering a Short Sale and who might be eligible for relief from the income tax consequences of the Short Sale to initiate the process as soon as possible in order to close escrow prior to December 31, 2012, at which time the Mortgage Forgiveness Debt Relief Act of [...]]]></description>
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		<title>Propositions 60 and 90 Transfer of Real Property Tax Base</title>
		<link>http://www.masterpiecerealtyassociates.com/2012/04/02/propositions-60-90-transfer-of-real-property-tax-base/</link>
		<comments>http://www.masterpiecerealtyassociates.com/2012/04/02/propositions-60-90-transfer-of-real-property-tax-base/#comments</comments>
		<pubDate>Mon, 02 Apr 2012 23:19:06 +0000</pubDate>
		<dc:creator>masterpiecerealtyassociates</dc:creator>
				<category><![CDATA[San Diego Legal News]]></category>

		<guid isPermaLink="false">http://peterlewi.smartpress.1parkplace.com/?p=848</guid>
		<description><![CDATA[Proposition 60 provides for real property tax relief for homeowners 55 years of age or older. This is a one-time benefit which allows qualifying persons to carry over lower real property taxes on the home that they sell into a new home that they purchase. The new home must be purchased within two years of [...]]]></description>
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		<title>Arbitration</title>
		<link>http://www.masterpiecerealtyassociates.com/2012/04/01/arbitration/</link>
		<comments>http://www.masterpiecerealtyassociates.com/2012/04/01/arbitration/#comments</comments>
		<pubDate>Sun, 01 Apr 2012 21:40:46 +0000</pubDate>
		<dc:creator>masterpiecerealtyassociates</dc:creator>
				<category><![CDATA[San Diego Legal News]]></category>

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		<description><![CDATA[The standard California Association of Realtors (CAR) Residential Purchase Agreement form includes a Paragraph which if initialed by both the Seller and Buyer constitutes an agreement to arbitrate rather than litigate any dispute that arises. Arbitration or litigation, as the case may be, occurs only after the parties have gone through Mediation as mandated by [...]]]></description>
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		<title>Mediation</title>
		<link>http://www.masterpiecerealtyassociates.com/2012/03/24/mediation/</link>
		<comments>http://www.masterpiecerealtyassociates.com/2012/03/24/mediation/#comments</comments>
		<pubDate>Sat, 24 Mar 2012 17:28:30 +0000</pubDate>
		<dc:creator>masterpiecerealtyassociates</dc:creator>
				<category><![CDATA[San Diego Legal News]]></category>

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		<description><![CDATA[Mediation is a non-binding procedure conducted before a neutral third party trained to resolve disputes. Mediators have no power to make decisions or rulings but rather try to get the parties to reach agreement. Mediators and mediation organizations have a very high rate of resolving disputes without the necessity of costly litigation. Some mediators are [...]]]></description>
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		<title>California Foreclosure Procedures</title>
		<link>http://www.masterpiecerealtyassociates.com/2012/03/20/california-foreclosure-procedures/</link>
		<comments>http://www.masterpiecerealtyassociates.com/2012/03/20/california-foreclosure-procedures/#comments</comments>
		<pubDate>Tue, 20 Mar 2012 03:11:37 +0000</pubDate>
		<dc:creator>masterpiecerealtyassociates</dc:creator>
				<category><![CDATA[San Diego Legal News]]></category>

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		<description><![CDATA[Virtually all foreclosures in California are non-judicial meaning that the lender can follow certain procedures and time lines mandated under the California Civil Code rather than going to court. Non-judicial foreclosures are initiated pursuant to a “power of sale” clause that is included in the deed of trust securing the loan. A non-judicial foreclosure is [...]]]></description>
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		<title>Liquidated Damages</title>
		<link>http://www.masterpiecerealtyassociates.com/2012/03/19/liquidated-damages-2/</link>
		<comments>http://www.masterpiecerealtyassociates.com/2012/03/19/liquidated-damages-2/#comments</comments>
		<pubDate>Mon, 19 Mar 2012 02:25:59 +0000</pubDate>
		<dc:creator>masterpiecerealtyassociates</dc:creator>
				<category><![CDATA[San Diego Legal News]]></category>

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		<description><![CDATA[Under California law forfeitures of money (which includes non-refundable deposits) are not favored and as a matter of public policy may not be enforceable in court. The law does however recognize the concept of liquidated damages where specifically allowed by statute. Under Civil Code sections 1675 &#8211; 1680 liquidated damages clauses are valid and enforceable [...]]]></description>
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		<title>Are Short Sales Getting Easier?</title>
		<link>http://www.masterpiecerealtyassociates.com/2012/03/17/are-short-sales-getting-easier/</link>
		<comments>http://www.masterpiecerealtyassociates.com/2012/03/17/are-short-sales-getting-easier/#comments</comments>
		<pubDate>Sat, 17 Mar 2012 23:27:53 +0000</pubDate>
		<dc:creator>masterpiecerealtyassociates</dc:creator>
				<category><![CDATA[San Diego Real Estate News]]></category>

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		<description><![CDATA[It depends who you ask. Brokers who handle a lot of short sales each have their own anecdotal experiences and short sale war stories. Masterpiece Realty Associates has successfully closed dozens of short sales and I can report that generally speaking the system has improved considerably from what it was in past years. A combination [...]]]></description>
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		<title>California Anti Deficiency Laws</title>
		<link>http://www.masterpiecerealtyassociates.com/2012/02/15/california-anti-deficiency-laws/</link>
		<comments>http://www.masterpiecerealtyassociates.com/2012/02/15/california-anti-deficiency-laws/#comments</comments>
		<pubDate>Wed, 15 Feb 2012 00:17:03 +0000</pubDate>
		<dc:creator>masterpiecerealtyassociates</dc:creator>
				<category><![CDATA[San Diego Legal News]]></category>

		<guid isPermaLink="false">http://peterlewi.smartpress.1parkplace.com/?p=818</guid>
		<description><![CDATA[Due to the increase in foreclosures and short sales in recent years, it has become important to understand the impact of California Anti Deficiency laws as they relate to the foreclosure or short sales of &#8220;upside down&#8221; properties. There are three distinct types of anti-deficiency laws in California all of which are found in the [...]]]></description>
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		<title>Title Insurance</title>
		<link>http://www.masterpiecerealtyassociates.com/2012/02/10/title-insurance-2/</link>
		<comments>http://www.masterpiecerealtyassociates.com/2012/02/10/title-insurance-2/#comments</comments>
		<pubDate>Fri, 10 Feb 2012 00:21:54 +0000</pubDate>
		<dc:creator>masterpiecerealtyassociates</dc:creator>
				<category><![CDATA[San Diego Legal News]]></category>

		<guid isPermaLink="false">http://peterlewi.smartpress.1parkplace.com/?p=824</guid>
		<description><![CDATA[Title insurance companies play a dominant role in all real estate transactions in California. From time to time a California real estate licensee will have a client from a state in the eastern United States where lawyers have a much greater role and title companies have a lesser role. In these states lawyers prepare abstracts [...]]]></description>
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