Legal Tip: Buying Foreclosed or Short Sale Property

Buying Foreclosed or Short Sale Property:

Generally speaking, in Virginia, buying property at a foreclosure sale or through a short sale is often subjected to many variables. For example - How long will the short sale process take? Does the property have title defects that will cost you money in the future? A real estate lawyer can help you to find answers to these questions and may also be able to protect you from some of the variables. The key is to consult a lawyer before signing any contracts or making any bids.

As usual, every situation has exceptions.  Consult with a Charlottesville attorney to get the full details.

Tucker Griffin Barnes
Charlottesville, VA (434-973-7474)
Inquire@TGBlaw.com
www.TGBLaw.com

How much is your PI case worth?

No one can tell you they know how much your case is worth or how much you will receive when you first meet with them.  If they do, RUN!  There are those cases with minimal injuries and minimal health care bills that do not require the aid of an attorney.  

Why?  Because you would get more money in your pocket if you settle it yourself than if you pay an attorney.  Talk to an attorney to get an idea of whether or not you need to hire someone.  

Generally speaking however, valuing a personal injury case is an ongoing process.  As injuries are more fully fleshed out by your physician, as medical bills and lost wages build up, the value of your case increases.  Likewise, if your injuries are determined not to be as serious as previously thought or you don’t have as many medical bills or as much wage loss as were originally anticipated, your case will be worth less.  

Settling a case before you know the full value, i.e., until your doctor says you are “back to normal” or “as good as you’re going to get”, could cost you a lot of money.  If you find out you need further medical care after you have settled, you cannot go back to the insurance company and ask for more.

Firm Partner

Yvonne T. Griffin
Personal Injury Attorney
Tucker Griffin Barnes P.C.
434-973-7474
YGriffin@TGBLaw.com
www.TGBLaw.com
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Legal Tip: Medical Expense Benefit

Generally speaking, in Virginia, medical expense benefit (an inexpensive addition to your auto insurance) can make a big difference if you are in an automobile or car accident.  This insurance can pay your medical bills if you don't have health insurance.  If you do have health insurance, it can give you extra money in your pocket.  Don't assume you have it just because you have "full coverage."  Ask specifically for it.

As usual, there are always exceptions to every situation.  Consult with a Charlottesville attorney for full details.

Yvonne T. Griffin
Tucker Griffin Barnes P.C.
Charlottesville, Virginia
434-973-7474
YGriffin@TGBLaw.com
www.TGBLaw.com


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Legal Tip: Fractional Interest in Property

Generally speaking, in Virginia, if you own a fractional interest in a piece of property, you can still force the property to be divided, or most likely sold.

Most of the time you will also only pay for a fraction of the legal fee.

As usual, every situation has exceptions.  Consider contacting a Charlotesville attorney to find out the full details.

Tucker Griffin Barnes P.C.
Charlottesville, Virginia
434-973-7474
Inquire@TGBlaw.com
www.TGBLaw.com

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