Thomas H Gimer’s Guides

Thomas H Gimer

Washington Real Estate Attorney.

Contributor Level 13
  1. An alternative to foreclosure

    Written by attorney Thomas Gimer, about 2 years ago.

    If you have equity in your home but you are behind on payments, there is a solution out there you may not have considered. It is the owner auction sale. Why wait for the lender to foreclose? You can sell your own home at auction, often with much better results than the lender. Fo...

  2. Short sales, foreclosures and continuing liability

    Written by attorney Thomas Gimer, over 2 years ago.

    A popular subject these days is what happens to the debt after a short sale or foreclosure. Folks want to know if they can be pursued for the shortage, whether the lender can garnish wages, attach other property (including other real estate) and so forth. This brief guide should ...

    1 person found this guide helpful

  3. An overview of title insurance

    Written by attorney Thomas Gimer, over 2 years ago.

    Title insurance protects against a loss to the lender or the owner in the event that the title to the property is other than as insured. Title insurance is an essential part of virtually every transfer of ownership of residential or commercial real estate. It is purchased at ...

  4. Basic business valuation methods

    Written by attorney Thomas Gimer, over 2 years ago.

    There are several ways to value a business. here are a few of the most popular: Comps. True comparables in the context of business sales are tough to find, but when they do exist they can be a great source of valuation data. Book value. Buyers who use this approach take the bus...

    1 person found this guide helpful

  5. Selling a business with owner financing

    Written by attorney Thomas Gimer, over 2 years ago.

    Youve decided to sell your business. The good news is youve found a very interested buyer who is willing to pay you a fair price for your business. And the bad news? The buyer doesnt have the cash or available financing to pay you the agreed purchase price at closing. Instead,...

  6. Why Buying a Foreclosure is Not for the Newbie

    Written by attorney Thomas Gimer, over 2 years ago.