Pets In Apartments – Landlord Perspective

By PETER ROSENTHAL, President V.I.P. Trust Deed Company Most landlords have a “no pets” policy in their lease and rental agreements with regard to apartments.  Some landlords DO allow pets in a house setting due to the increase space for pets.  In some instances a landlord will make an exception for a cat or small […]

Fractional Interests

By PETER ROSENTHAL, President V.I.P. Trust Deed Company Feb.  2000 Owning a piece of real estate is usually a fairly simple, straightforward  proposition.  Once in a while however, one finds themselves the owner of a fractional interest in real estate.  In many cases this comes about because of an inheritance.  As an example, parents pass […]

No Money Down

By PETER ROSENTHAL, President V.I.P. Trust Deed Company March 2000 In the early 80’s, the lending climate was so bad and lending rates were so high that the real estate industry turned to “creative financing” in order to close deals.  In those days we worked with wrap arounds, seller carrybacks, second and third trust deeds, […]

So, You Want To Sell Your House

By PETER ROSENTHAL, President V.I.P. Trust Deed Company March 2000 On the assumption that you sell your house through the services of a Realtor, this advice will just expand on similar advice that the Realtor will give you.  There are many, many helpful tips or “tricks of the trade” that Realtors employ to HELP YOU […]

Delinquent Property Taxes – 18% Interest March 2000

By PETER ROSENTHAL, President V.I.P. Trust Deed Company March 2000 Are you delinquent with county property taxes?  If so, read on, but sit down and take your heart medicine.  If you’re not delinquent on your real estate taxes read on anyway, as you may be able to save a friend or relative hundreds of dollars […]

The Grass Is Always Greener

By PETER ROSENTHAL, President V.I.P. Trust Deed Company March 2000 I tend to slip my favorite expressions into my columns.  One expression that really has a deeper meaning is “The Grass is Always Greener on the Other Side of the Fence”.  If you really think about that for a few minutes, after you’ve had a […]

First Time Home Buyers

By PETER ROSENTHAL, President V.I.P. Trust Deed Company One of my customers asked me to devote a column to “first time home buyers” and what to expect—well, here goes. This is not intended to be a financing article. There are all sorts of “deals” for first time home buyers. Check with your local bank or […]

Landlord/Tenant

By PETER ROSENTHAL, President V.I.P. Trust Deed Company I recently received the following question by telephone: QUESTION: We have lived in a rental apartment for some years and have ALWAYS paid our rent on time. The property was sold a few months ago and we are having all sorts of personality problems with the new […]

Title Insurance – What does it cover?

By PETER ROSENTHAL, President V.I.P. Trust Deed Company I am afraid to compare title insurance to women, so I will compare the industry to “the opposite sex.”  You can’t get along with them or without them. Actually, some men stay bachelors all their lives and some women give up on men and stay single for […]

Greater Fool Theory

By PETER ROSENTHAL, President V.I.P. Trust Deed Company In a recent column I explained in detail the theory of real estate leverage that a customer had recently asked about. In the same conversation that customer asked for a definition of “the greater fool theory.” I thought that would be a good, light topic to discuss […]