The Law Office of Robert B. Jacobs

Real Estate Articles

Forty years ago, we played a game in elementary school called “Button, Button, who has the Button?”  This game involved passing a button from one student to the next, and the person who was “it” was supposed to track the button as it moved between the students.  A successful player would be able...

Read More

“What’s in a name? 

That which we call a rose

By any other name would smell as sweet.”

Romeo and Juliet, Act II, Scene II

When Juliet speaks these lines to Romeo in this Shakespeare play, she is lamenting the fact that her true love has the last name “Montague” and...

Read More

Most new homebuyers never think about it, but it’s true.  How do all those new homes get built?

Homebuilders often use subcontractors to do large portions of their work on new homes.  A substantial portion of a Homebuilder’s work consists of coordinating the work of the different...

Read More

It’s probably safe to say that most home buyers use a loan from a bank or other lender to help pay for their house.  While some home buyers have enough money to pay cash for their home, most home buyers end up paying for their home over a period of years.  The most common way to buy a home over...

Read More

When I was a youngster, my mother always told me “You can’t get something for nothing.”  Mother, bless her heart, obviously didn’t own much real estate.

...

Read More

California law provides that, among other things, a nuisance is “anything which is injurious to health, including, but not limited to, the illegal sale of controlled substances, or is indecent or offensive to the senses, or an obstruction to the free use of property, so as to interfere with the...

Read More

As defined by Webster’s II New College Dictionary, the word “nuisance” means “something that is inconvenient or vexatious: bother.”  That’s a concept that’s easily understood - when something (or someone) is a nuisance, then there’s an annoyance, or a bother.

But there’s a slightly...

Read More

On any given summer weekend, it’s possible to drive around suburban neighborhoods and see open house signs out on the sidewalk.  It’s a known fact: Real Estate Agents hold open houses.  These open houses can be a great opportunity for buyers of real estate to check out a neighborhood, check out...

Read More

With the continuing popularity of online banking and the widespread use of credit  and debit cards, it seems like virtually all transactions these days are being done electronically.  But some large transactions are still done mostly by check. 

A good example of this is the sale of real...

Read More

“Penny wise and pound foolish.”

Maybe it’s an old saying.  But there can be truth in it.

I constantly see the practical application of this saying in the real estate foreclosure market.

In California, some loans are “non-recourse.” With “non-recourse” loans, the borrower...

Read More