Comments for Attorney San Jose Jeffrey B Hare http://www.jeffreyhare.com Jeffrey B. Hare, Attorney-at-Law Mon, 22 Aug 2011 17:19:19 +0000 hourly 1 http://wordpress.org/?v=3.2.1 Comment on Back to Basics – Investing with Self-Directed IRA by Alex Garrett http://www.jeffreyhare.com/2011/08/19/back-to-basics-investing-with-self-directed-ira/#comment-103 Alex Garrett Mon, 22 Aug 2011 17:19:19 +0000 http://www.jeffreyhare.com/?p=503#comment-103 Jeffrey, I love the article and your thoughts on the SDIRA. It is a great solution to the tumultuous market we are seeing right now. The company I work for specializes in educating, mentoring, and providing opportunities for individuals interested in investing with their SDIRA. The process is something our team believes in whole-heartedly! Jeffrey, I love the article and your thoughts on the SDIRA. It is a great solution to the tumultuous market we are seeing right now. The company I work for specializes in educating, mentoring, and providing opportunities for individuals interested in investing with their SDIRA. The process is something our team believes in whole-heartedly!

]]> Comment on Using a Checkbook LLC to Invest your IRA Funds by Moderator http://www.jeffreyhare.com/2011/02/14/using-a-checkbook-llc-to-invest-your-ira-funds/#comment-17 Moderator Mon, 25 Jul 2011 23:24:24 +0000 http://www.jeffreyhare.com/?p=474#comment-17 Sorry, that is a prohibited transaction. See Jeffrey Hare's <a href="http://www.jeffreyhare.com/ira/" rel="nofollow">IRA LLC</a> page. Breifly summarized, you may not invest or loan money from your pension plan to anyone who is a lineal ascendent or descendent, meaning you may not invest in property owned or used by you. Sorry, that is a prohibited transaction. See Jeffrey Hare’s IRA LLC page. Breifly summarized, you may not invest or loan money from your pension plan to anyone who is a lineal ascendent or descendent, meaning you may not invest in property owned or used by you.

]]> Comment on Using a Checkbook LLC to Invest your IRA Funds by Don Glaze http://www.jeffreyhare.com/2011/02/14/using-a-checkbook-llc-to-invest-your-ira-funds/#comment-16 Don Glaze Mon, 25 Jul 2011 19:15:09 +0000 http://www.jeffreyhare.com/?p=474#comment-16 I own a property and I want to purchase the property from myself. Can I do this? I own a property and I want to purchase the property from myself. Can I do this?

]]> Comment on “No Money Down!” Too Good to be True? by Geraldine Barry http://www.jeffreyhare.com/2011/07/07/no-money-down/#comment-18 Geraldine Barry Wed, 13 Jul 2011 16:24:26 +0000 http://www.jeffreyhare.com/?p=494#comment-18 Jeff, I love the substantive articles you write, they are always informative and right on the money! Jeff, I love the substantive articles you write, they are always informative and right on the money!

]]> Comment on Good (Re)Turn on Investing – In Your Community by Motorcycle guy http://www.jeffreyhare.com/2010/04/02/good-return-on-investing-in-your-community/#comment-14 Motorcycle guy Sun, 03 Oct 2010 10:37:05 +0000 http://www.jeffreyhare.com/?p=368#comment-14 Where did you learn about this? Can you give me the reference? Sent from my iPhone 4G Where did you learn about this? Can you give me the reference?

Sent from my iPhone 4G

]]> Comment on Getting Started in Real Estate Investing by Robin Jenks http://www.jeffreyhare.com/2009/12/05/getting-started-in-real-estate-investing/#comment-12 Robin Jenks Fri, 18 Jun 2010 21:42:02 +0000 http://www.jeffreyhare.com/?p=360#comment-12 Hi Jeff, I'm a member, and have been to a few sjrei meetings, and as a new investor, it can be, at times, too advanced. But, I liked what I read in your 'Getting Started In Real Estate Investing' article, and found that it contained good advise. I'm hoping to begin with Wholesaling, as I'm between jobs currently (RN), and will temporarily be moving to Lancaster Co. (Mojave Desert) to help care for my mother. For temporary purposes, I thought that wholesaling would be an avenue to bring in cash, and I could exit more easily when it comes time to come back to the Bay Area. Any comments? Again, thanks for a great article! Robin Hi Jeff,

I’m a member, and have been to a few sjrei meetings, and as a new investor, it can be, at times, too advanced. But, I liked what I read in your ‘Getting Started In Real Estate Investing’ article, and found that it contained good advise. I’m hoping to begin with Wholesaling, as I’m between jobs currently (RN), and will temporarily be moving to Lancaster Co. (Mojave Desert) to help care for my mother. For temporary purposes, I thought that wholesaling would be an avenue to bring in cash, and I could exit more easily when it comes time to come back to the Bay Area. Any comments? Again, thanks for a great article!

Robin

]]> Comment on New Loan Mod Regulations Attack the Wrong Problem by Roger Cummings http://www.jeffreyhare.com/2009/06/03/new-loan-mod-regulations-attack-the-wrong-problem/#comment-11 Roger Cummings Mon, 15 Jun 2009 22:27:21 +0000 http://www.jeffreyhare.com/?p=226#comment-11 Jeffrey, I could not agree with you more! My mortgage company has been doing loan modifications since December (with an approved DRE no objection letter) and our stance has always been one of providing an end-to-end solution of options for clients (refinance, modification, short sale, BK or utlimately foreclosure with the appropriate tax and legal advise). My loan officers are senior underwriters and understand the Fannie/Freddie servicer guidlines in depth along with the HPM and other Federal programs. The problem is that program guidelines change like the weather and it appears that lender/servicers who are obligated under many of these federal programs still have "outs" they can utilize when negotiating for loss mitigation. We're actually looking for an attorney based escalation path that we can use for just such an ocassion when the merits of the hardship, DTI and NPV tests (Fed's MOD-IN-A-BOX and HMP) are not enough to push it through. If you would be interested in considering some kind of affiliation that meets all the necessary requirements of our respective licensing entities we would like to talk with you. We have been in business for 23 years and have never had an infraction with the DRE. We plan on being at the SJREI meeting tomorrow so I will introduce myself to you. Jeffrey,
I could not agree with you more! My mortgage company has been doing loan modifications since December (with an approved DRE no objection letter) and our stance has always been one of providing an end-to-end solution of options for clients (refinance, modification, short sale, BK or utlimately foreclosure with the appropriate tax and legal advise). My loan officers are senior underwriters and understand the Fannie/Freddie servicer guidlines in depth along with the HPM and other Federal programs. The problem is that program guidelines change like the weather and it appears that lender/servicers who are obligated under many of these federal programs still have “outs” they can utilize when negotiating for loss mitigation. We’re actually looking for an attorney based escalation path that we can use for just such an ocassion when the merits of the hardship, DTI and NPV tests (Fed’s MOD-IN-A-BOX and HMP) are not enough to push it through. If you would be interested in considering some kind of affiliation that meets all the necessary requirements of our respective licensing entities we would like to talk with you. We have been in business for 23 years and have never had an infraction with the DRE. We plan on being at the SJREI meeting tomorrow so I will introduce myself to you.

]]> Comment on Schizophrenic Approach to Loan Mods by AndrewBoldman http://www.jeffreyhare.com/2009/04/16/schizophrenic-approach-to-loan-mods/#comment-9 AndrewBoldman Thu, 04 Jun 2009 18:08:37 +0000 http://jeffreyhare.wordpress.com/?p=183#comment-9 Hi, cool post. I have been wondering about this topic,so thanks for writing. Hi, cool post. I have been wondering about this topic,so thanks for writing.

]]> Comment on Loan Modification Program Summary and Eligibility Tool by MerrY http://www.jeffreyhare.com/2009/03/06/loan-modification-program-summary-and-self-assessment-tool/#comment-8 MerrY Sat, 16 May 2009 15:06:04 +0000 http://jeffreyhare.wordpress.com/?p=154#comment-8 I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future. I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.

]]> Comment on Help for HELOCs and Second Mortgages by Connie Herbert http://www.jeffreyhare.com/2009/05/01/help-for-helocs-and-second-mortgages/#comment-10 Connie Herbert Fri, 01 May 2009 04:40:44 +0000 http://jeffreyhare.wordpress.com/?p=187#comment-10 For many the Second Lien Program will help to provide welcome relief, but it is too late for others. I recently worked with a friend who tried to get help through the HFH program, but because of their second mortgage weren't able to do anything. After seeking legal advice, they have filed bankruptcy and moved into a rental home, abandonning their home and the mortgages they owe. This was a case where lenders offered more and more to the borrowers, then an unexpected job change made it impossible for them to meet their obligations. They were left with no choice. I pray that the Second Lien Program will be more user friendly that this couple found the HFH. We have not had as widespread problem here in southcentral Idaho as some areas or even Boise, but the problem does exist here too. For many the Second Lien Program will help to provide welcome relief, but it is too late for others. I recently worked with a friend who tried to get help through the HFH program, but because of their second mortgage weren’t able to do anything. After seeking legal advice, they have filed bankruptcy and moved into a rental home, abandonning their home and the mortgages they owe. This was a case where lenders offered more and more to the borrowers, then an unexpected job change made it impossible for them to meet their obligations. They were left with no choice.

I pray that the Second Lien Program will be more user friendly that this couple found the HFH. We have not had as widespread problem here in southcentral Idaho as some areas or even Boise, but the problem does exist here too.

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