Tuesday, January 29, 2013

Landlords - Do Not Hire an Eviction Service Until You

Landlords - Do Not Hire an Eviction Service Until You Read This Free Report

Where they are permitted to exist (in California for example) all that they can legally do is fill out, file, and serve the initial paperwork for the eviction case. Eviction companies cannot represent you in court. Therefore, if the tenant contests the case and a trial is necessary, you're stuck. You'll have to represent yourself at trial or hire a lawyer anyway. Obviously, a lawyer an represent you at trial.

Eviction companies cannot give legal advice. This limitation prevents the eviction company from being able to answer your legal questions. A lawyer, on the other hand, can give legal advice and answer all of your legal questions. Moreover, eviction companies tend to operate as high volume eviction mills. Thus, should you hire one, you will likely not enjoy a personal relationship with a professional. Instead, your case will be worked on by an assembly line of non-professionals who are unlikely to even know who you are. Finally, there is no attorney-client privilege protecting communications between you and the eviction company. Thus, unlike when you talk to a lawyer, communications with an eviction company are not protected and confidential.al.


Regarding cost, you should be wary of the "low cost eviction" that these companies tout in their advertising because it's a myth. If you read the fine print, you'll see that the low number in the ad is always followed by the words "plus costs". Costs in an eviction case for such things as filing fees, service of process, and sheriff's fees can run another $400.00-$600.00. Thus, don't be surprised when the "low cost" eviction company asks you for $650.00 to start your case rather than the impossibly low number that it used in its advertising.

An eviction company that advertises "Evictions for $199.00" is misleading you. The simple fact is that evictions cannot be completed for the small amounts that eviction companies put in their advertising. Take advantage of the free trial period offered to fully evaluate their listings. The sites should offer the latest listings with daily/monthly updates.

Determining the Distressed Property Valuation

Once you have identified a foreclosure property of interest in an area you have researched, determining the value proposition will determine whether or not to continue. The determination will be influenced by your investment strategy, i.e., whether you wish to live in, to rent out or to resell are factors to consider as well as your investment time frame.

The first step in foreclosure property valuation is the obtain information regarding the area. A number of web sites offer free sales comparables or "comps". This information greatly assists in determing the property value.

In short, if the government tries to pass legislation that requires a moratorium it will result in enormous lawsuits. The grounds? State and Federal due process charges under the 14thand 5th amendment, respectively. This will be seen also as a regulatory taking, and therefore make the government for fair market value of the homes they forestall foreclosure in. Also, the courts will likely see it as violating the contracts clause. Here is a superb article that discusses the legality of government intervention. somekeyword

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