The potential for real estate litigation for boomerang buyers
On behalf of Thaler Law posted in business formation on Monday, April 29, 2019. When the market crashed, leading to the housing crisis that lasted from approximately 2006 to 2014, millions of people lost their homes or found themselves living in desperate financial situations due to mortgages they could no longer afford. Fortunately, the rebound in the economy means that many of these people are now financially able to buy homes again. While this is exciting, boomerang buyers would be wise to proceed with caution, taking steps to avoid future complications, including potential real estate litigation. Buying a home is an exciting step, especially for California buyers who lost their homes due to unfortunate circumstances. The origins of the housing