By Becker & Hebert, L.L.C. | Published May 4, 2020 | Posted in Real Estate | Tagged Tags: COVID-19 |
Lenders Suspend Home Foreclosures Due to COVID-19, But What Happens Next?
Many large financial institutions are suspending foreclosures because of the massive economic damage caused by COVID-19. Some banks have stopped proceedings indefinitely. Others have set time limits for foreclosure suspensions such as 60 or 90 days. Even as health and financial issues remain uncertain, this is a good time for homeowners to take stock and Read More
Read MoreHow Stay at Home Orders Are Affecting Real Estate Transactions
Purchasing a home is both an exciting milestone and an extremely stressful event. Even when things are running normally in the United States, people who are buying a property must deal with numerous moving parts and expenses. With nearly every facet of our lives upended by the global COVID-19 pandemic, prospective owners are faced with Read More
Read MoreComplying with Corporate Annual Meeting Requirements during the COVID-19 Quarantine
How do you hold a corporate annual meeting when the entire country is in lockdown? On the surface, it might seem like a simple matter of using a favorite video conferencing tool and perhaps checking to see if it’s been hacked. Annual meetings for corporations are more than get-togethers. They are legally mandated proceedings that Read More
Read MoreKey Aspects of the CARES Act Provisions Authorizing Small Business Loans
Small business owners are necessarily prepared for various types of challenges, but what do you do when the government orders you to close for an indefinite amount of time? Unfortunately, the COVID-19 pandemic has put millions in this very difficult position. Even worse, it is still unclear in many places when authorities will allow businesses Read More
Read MoreWill You Get Property Tax Relief Due to the COVID-19 National Emergency?
Governments and even some private businesses have worked to ease the burden on people who are struggling financially due to the COVID-19 pandemic. For people who are concerned about losing their home after being laid off or seeing their business revenue plummet, programs have been established to offer rent and mortgage relief. While many will Read More
Read MoreHow Will Coronavirus Affect Contractual Relationships and Obligations?
The coronavirus pandemic has disrupted practically every aspect of American life. Whether closed by government order or by concerns about public safety, millions of businesses around the country have seen their operations come to a halt. Despite the overwhelming effect of COVID-19, it is not a certainty that an “Act of God” clause in a Read More
Read MoreBecker and Hebert Brokers Successful Sale of Quality Suites In New Iberia
Jeremy A. Hebert of Becker and Hebert, along with paralegal, Rachel Aucoin, recently represented Indigo Asset Management’s affiliated entities in the successful sale of a Quality Suites in New Iberia, Louisiana. Indigo Asset Management is an alternative, fixed-income investment fund that acquires secured, asset-based non-performing loans. Indigo Asset Management is a premier, distressed loan investor Read More
Read More1031 Tax Deferred Exchange
Jeremy Hebert, co-managing member of Becker and Hebert, along with attorney Katherine Currie and paralegal Rachel Aucoin, recently represented a local real estate holding company in the successful completion of a 1031 tax deferred exchange involving the disposition of a Dollar General store in New Iberia, Louisiana, and the subsequent acquisition of its replacement property Read More
Read MoreRiver Ranch Real Estate Development
Jeremy Hebert, of Becker and Hebert, along with his paralegal Rachel Aucoin and the staff of American Title Company, recently represented a local real estate development company in the negotiation of a tenant lease and the closing of a construction loan related to the development of a state-of-the-art office building to be located at 309 Read More
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