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According to an article on OregonLive.com, a Milwaukie ‘mover’ was indicted a few days ago on seven counts of fraud. A federal jury alleged that he got business with low bids and after picking up people’s personal belongings, he asked for more cash. He failed to disclose to his customers he was actually a broker and would arrange for a third party to move the goods. This man allegedly did business under a number of pseudonyms and used numerous company names too. Even though the dollar losses aren’t that high, the assistant U.S. attorney on this case stated that years of complaints about this Milwaukie ‘mover’ prompted the prosecution.

In 1994, he was sued for some of the same allegations and misleading conduct.

Again, in 2001, the Oregon Department of Justice sued this man for misrepresenting himself and holding customers’ belongings hostage in order to get more payment. At that time, the state wanted him to return $8,344 in restitution to 13 customers and sought almost $200,000 in civil penalties. This led to a judgment permanently prohibiting him from providing intrastate and interstate moving services in May 2003.

For the complete article, click here.

Remember to always deal with professional and reputable moving companies like All My Sons of San Antonio. Our San Antonio movers are experts and are backed by four generations of moving experience. We are licensed and insured and offer free estimates to help you in your research. Call us to book your next move.

The New Foreclosure Law

According to MySanAntonio.com, a new law could complicate public foreclosure sales in Texas at time when foreclosures sales are up and traditional home sales are down. These changes in House Bill 655 state that the purchase price at the foreclosure sale won’t be immediately due anymore. If the buyer needs additional time to fork up the purchase price then he or she can make an agreement with the trustee (the person conducting the foreclosure sale). However, for the moment, there aren’t laws governing the process which can create problems. Before the House Bill 655, trustees weren’t required to make decisions, there work consisted mainly of administrative duties. Rules were clear: Trustees weren’t to act without specific instructions from the lender. But with this new law, they’ll have to negotiate agreements and determine reasonableness, according to this article. Allegedly, it will become more problematic for lenders to give specific instructions to trustees about which bids to accept because they won’t know the specific agreements that will be asked by the purchasers. Before this new law, if a potential buyer wouldn’t win a bid, that didn’t give him or her a viable reason to take legal action against a trustee. But now, potential buyers can argue that that trustee unreasonably chose not to negotiate or that they negotiated in an unreasonable manner. Property owners can also argue that the trustee’s negotiations resulted in a lower selling price which in turn can result in fewer people wanting to act as trustees. Overall, this new foreclosure law, House Bill 655, leaves a lot of room for interpretation which will probably lead to a lot of lawsuits and the courts will have to clarify all these issues in the months to come.

 Read the full “Foreclosures sales may face trouble” article.

If you’re buying a foreclosure and looking to move in the San Antonio area including Converse, Seguin, New Braunfels and Boerne, trust All My Sons Moving and Storage of San Antonio to move all your personal belongings safely to your new place. Our San Antonio movers are professional and efficient and, of course, most importantly, experienced. Give All My Sons of San Antonio a call at 210-225-8700 when you’re ready to hire the very best and most trusted moving company.

The San Antonio Movers Find Out: $8,000 Tax Credit Extended

According to the Associated Press, the $8,000 tax credit for first-time home buyers (previously due to expire November 30th, 2009) has been extended to April 30th, 2009. Even more specifically, buyers have to sign an agreement by Aril 30, 2010 and close by June 30, 2010. The tax credit also now includes a wider range of ‘home buyers’, including a $6,500 tax credit for those who lived in their current homes at least for five years and want to trade up. Plus, couples who earn as much as $225,000 a year and individuals earning up to $125,000 can also qualify for the tax credit. The purchased homes have to be the primary residence of the home buyer and priced at under $800,000.

The Associated Press has also reported that about 1.4 million first-time home buyers have qualified for the tax credit through August and the National Association of Realtors estimates that 350,000 of them would not have bought their homes without that credit.

According to Zillow.com, a leading real estate web site, who conducted a survey and found that nearly 18% of prospective first-time home buyers said that extending the $8,000 tax credit would be the primary influence on their decision to buy a home before the end of 2010 which means that this could potentially lead to an additional 334,000 home sales. Zillow.com reported that this tax credit extension is estimated to have cost $10 billion.

If you’re thinking about buying your first home and taking advantage of this $8,000 tax credit, now’s the time to get out there and search for houses. And when you’re ready to move in, call your local San Antonio movers. All My Sons of San Antonio is a highly professional and reliable moving company serving San Antonio and the surrounding areas including Boerne, Converse and New Braunfels. The San Antonio movers are backed by four generations of moving experience and specialize in both residential and corporate moves. So give us a call when you found your dream home, we’ll make your moving experience a great one.