The Karlin Law Firm LLP

Providing quality legal services to statewide and national clients in ADA defense, Personal Injury, business and real estate for more than 35 years

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July 2016 Archives

Approaches to real estate ownership by multiple parties

A real estate deal in California often involves more than one buyer. Even a married couple buying their first home might need to consider how the legal terms of property ownership should be determined. Whether the buyers are family members or a group of investors, they can choose among legal options such as a joint tenancy, tenants in common, a trust or a limited liability company.

Choosing the right real estate agent

While some California homes are snapped up within hours of being put on the market, others linger unsold for months or even years. Some potential buyers may pass on a home due to its poor location or lack of curb appeal, but reactions like this are sometimes caused by the poor qualifying techniques of inexperienced or unmotivated real estate agents. Talented real estate agents match buyers with properties that they will likely be interested in rather than those that will pay the highest commissions, and it is important for sellers to be careful and selective when deciding which agent or agency to work with.

Choosing between leasing and buying commercial property

Entrepreneurs in California and around the country often face some important and difficult early decisions. While business owners may not be short of advice when deciding on the appropriate business entity to adopt or what kind of order fulfillment system to use, choosing a location for their business venture is a decision they sometimes make on their own. However, blunders made here can result in bigger problems later, and entrepreneurs may be wise to avoid speedy decisions when choosing where to lease or rent commercial space.

CRE financing may be difficult to secure soon

California commercial real estate developers who own lower-quality malls or multi-family properties may soon find that their ability to secure needed financing will be hampered. Current market and regulatory pressures combined with what industry insiders call a wall of maturing loans may make small banks less willing to offer financing to owners of these property types.

Foreign buyers are purchasing less-expensive properties

Foreign real estate investors buy a lot of property in California. In fact, California residential properties account for 15 percent of all of the residential real estate purchases that are made by foreign investors. The most popular residential real estate market for foreign investors is Florida, which accounts for 22 percent of foreign buyer purchases. Texas, Arizona and New York are also highly sought after markets for foreign real estate investment.

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L. Scott Karlin

L. Scott Karlin

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David E. Karlin

David E. Karlin

David E. Karlin is a California attorney with a primary focus on business and real estate, including law and legal issues...

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Michael J. Karlin

Michael J. Karlin

Michael J. Karlin is a Southern California based attorney whose practice primarily focuses on Entertainment Law. Michael began...

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