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	<title>Richard D. Vetstein, Esq., Real Estate Attorney</title>
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		<title>Richard Vetstein Quoted In Metrowest Daily News About Changes In Massachusetts Snow Removal Law</title>
		<link>http://www.richardvetstein.net/2010/12/28/richard-vetstein-quoted-in-metrowest-daily-news-about-changes-in-massachusetts-snow-removal-law/</link>
		<comments>http://www.richardvetstein.net/2010/12/28/richard-vetstein-quoted-in-metrowest-daily-news-about-changes-in-massachusetts-snow-removal-law/#comments</comments>
		<pubDate>Tue, 28 Dec 2010 16:39:21 +0000</pubDate>
		<dc:creator>rvetstein</dc:creator>
				<category><![CDATA[Richard Vetstein]]></category>

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		<description><![CDATA[From the Metrowest Daily News A recent state Supreme Court ruling makes it clear: Home and business owners are potentially liable if someone slips and falls on their icy or snowy property. Driveways, walks and sidewalks &#8211; &#8220;any place on the property where a guest or a visitor or a FedEx man or a mailman [...]]]></description>
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<blockquote><p>From the<a href="http://www.metrowestdailynews.com/features/x1148223418/Property-owners-advised-to-clear-sidewalks-after-storm"> Metrowest Daily News</a></p>
<p>A recent state Supreme Court ruling makes it clear: Home and business  owners are potentially liable if someone slips and falls on their icy or  snowy property.</p>
<p>Driveways, walks and sidewalks &#8211; &#8220;any place on the property where a  guest or a visitor or a FedEx man or a mailman could trip&#8221; &#8211; must now be  cleared and treated, says Framingham real estate attorney Richard  Vetstein.</p>
<p>So as businesses reopen and snowed-in residents dig themselves out from  this week&#8217;s nor&#8217;easter, lawyers are advising they heed the ruling and  take &#8220;reasonable care&#8221; to keep visitors on their two feet.</p>
<p>&#8220;What I&#8217;m telling everyone is when the blizzard ends, get out there and  clear it off and put ice melt out there and make it safe,&#8221; Vetstein  said yesterday. &#8220;You just can&#8217;t leave it alone anymore.&#8221;</p>
<p>Some communities already had bylaws requiring citizens and commercial property owners to be responsible neighbors.</p>
<p>A general bylaw in Milford, which Town Counsel Gerald Moody said is  &#8220;probably of quite ancient vintage,&#8221; requires property owners to get rid  of snow and ice on sidewalks within 24 hours.</p>
<p>The penalty is a $10 fine.</p>
<p>&#8220;It does create a legal responsibility,&#8221; Moody said.</p>
<p>But in general, Bay State property owners weren&#8217;t required to shovel  and salt after a storm until state Supreme Judicial Court Justice Ralph  Gants in July overruled 125 years of legal precedent.</p>
<p>In his ruling on Papadopoulos v. Target Corp., Gants sided with a man  who sued the retailer after sliding on a patch of ice in a Danvers store  parking lot.</p>
<p>&#8220;You own a house in Framingham on Carter Drive, you need to get out  there and shovel your sidewalk as soon as reasonably practical.  Otherwise, someone slips and you can be held liable,&#8221; Vetstein said.  &#8220;That&#8217;s the new rule.&#8221;</p>
<p>Moody said the ruling is &#8220;a very important one.&#8221;</p>
<p>&#8220;It&#8217;s actually good for everybody because now there&#8217;s one standard that everybody&#8217;s going to be held to,&#8221; he said.</p>
<p>In Framingham, the Department of Public Works plows 78 miles of sidewalk with tractors, compared to 250 miles of roadway.</p>
<p>Between the cost and logistics of pulling together manpower and  equipment, the town isn&#8217;t able to clear more sidewalks, said Highway  Director Jim Murphy.</p>
<p>&#8220;Of course time, as they always say, is money,&#8221; he said.</p>
<p>Murphy said the focus is on making downtown safe, and digging out  crosswalks and creating pathways for children to get to and from  schools.</p>
<p>&#8220;If people choose to walk in the road itself, it&#8217;s always dangerous,  plus now you&#8217;ve got a bank that&#8217;s three or four feet tall,&#8221; Murphy said.</p>
<p>The town of Natick takes responsibility for clearing more than 40 miles of sidewalks along main roads and near schools.</p>
<p>As snow piled up from this season&#8217;s first big storm, crews were out at  least once since Sunday opening the walks, said Highway Superintendent  Thomas Hladick said. They were headed back out yesterday afternoon with  snowblowers.</p>
<p>Some communities, such as Newton, Worcester and Boston, have passed  ordinances forcing residents and businesses to make sidewalks that  border their property safe.</p>
<p>With the requirement now on everyone, Vetstein said it will be up to personal injury lawyers and civil courts to enforce.</p>
<p>Vetsein wrote about the ruling on his blog, <a href="http://www.massrealestatelawblog.com/" target="_blank">massrealestatelawblog.com</a>. He encourages property owners to review their insurance policies and consider upping their liability coverage.</p>
<p>The most frequently asked questions Moody receives on Milford&#8217;s  sidewalk policy, he says, are from attorneys representing people who  slip or insurance companies trying to defend subscribers.</p>
<p>&#8220;Juries will typically look at these kinds of things reasonably,&#8221; he said.</p>
<p><em>(Danielle Ameden can be reached at 508-626-4416 or dameden@cnc.com.)</em></p></blockquote>
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		<title>Richard Vetstein Featured Guest Blogger For Inman News Agent Reboot</title>
		<link>http://www.richardvetstein.net/2010/10/14/richard-vetstein-featured-guest-blogger-for-inman-news-agent-reboot/</link>
		<comments>http://www.richardvetstein.net/2010/10/14/richard-vetstein-featured-guest-blogger-for-inman-news-agent-reboot/#comments</comments>
		<pubDate>Thu, 14 Oct 2010 21:56:00 +0000</pubDate>
		<dc:creator>rvetstein</dc:creator>
				<category><![CDATA[Blogging]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Richard Vetstein]]></category>
		<category><![CDATA[Richard Vetstein social media]]></category>

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		<description><![CDATA[I’m thrilled to be writing the guest post for the Inman Future of Real Estate Marketing Blog highlighting the Agent Reboot Conference in Boston held yesterday on October 13, 2010. From the buzz surrounding the conference here at the Hynes Convention Center, it’s clear that Boston area agents are embracing the power of social media, [...]]]></description>
			<content:encoded><![CDATA[<p>I’m thrilled to be writing the guest post for the <a href="http://www.futureofrealestatemarketing.com/" target="_blank">Inman Future of Real Estate Marketing Blog</a> highlighting the <a href="http://www.agentreboot.com/location/boston">Agent Reboot Conference in Boston</a> held yesterday on October 13, 2010. From the buzz surrounding the  conference here at the Hynes Convention Center, it’s clear that Boston  area agents are embracing the power of social media, and that Boston is  well on its way to becoming the next “Hub” for social media savvy  agents!</p>
<p><a href="http://www.hubconnected.com/2010/10/14/is-boston-the-next-hub-for-social-media-savvy-real-estate-agents-inman-agent-reboot-conference-recap/" target="_blank">Click here for a full recap of the Inman Agent Reboot Social Media Conference</a>.</p>
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		<title>Richard D. Vetstein Quoted About Effect Of Massachusetts Ibanez Foreclosure Land Court Ruling</title>
		<link>http://www.richardvetstein.net/2010/08/12/richard-d-vetstein-quoted-about-effect-of-massachusetts-ibanez-foreclosure-land-court-ruling/</link>
		<comments>http://www.richardvetstein.net/2010/08/12/richard-d-vetstein-quoted-about-effect-of-massachusetts-ibanez-foreclosure-land-court-ruling/#comments</comments>
		<pubDate>Fri, 13 Aug 2010 03:16:37 +0000</pubDate>
		<dc:creator>rvetstein</dc:creator>
				<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Ibanez foreclosure ruling]]></category>
		<category><![CDATA[MA title defect attorney]]></category>
		<category><![CDATA[Massachusetts Ibanez attorney]]></category>
		<category><![CDATA[Richard Vetstein]]></category>

		<guid isPermaLink="false">http://www.richardvetstein.net/?p=185</guid>
		<description><![CDATA[Massachusetts Bar Association Lawyers Journal Real estate attorneys, title insurers await Ibanez verdict April  2010 by Steven Altieri Framingham real estate attorney Richard Vetstein recently represented a family who had bought a house out of foreclosure about a year ago, then invested in excess of $100,000 in improvements to the property with the intention of [...]]]></description>
			<content:encoded><![CDATA[<h1>Massachusetts Bar Association Lawyers Journal</h1>
<h2><a href="http://www.massbar.org/publications/lawyers-journal/2010/april-/real-estate-attorneys,-title--insurers-await-ibanez-verdict">Real estate attorneys, title  insurers await Ibanez verdict</a></h2>
<p>April  2010</p>
<p><em>by Steven Altieri</em><a href="http://www.richardvetstein.net/wp-content/uploads/2010/08/foreclosure-sign.jpg"><img class="alignright size-medium wp-image-186" title="foreclosure-sign" src="http://www.richardvetstein.net/wp-content/uploads/2010/08/foreclosure-sign-300x225.jpg" alt="" width="300" height="225" /></a></p>
<p>Framingham real estate attorney Richard Vetstein recently represented a family who had bought a house out of foreclosure about a year ago, then invested in excess of $100,000 in improvements to the property with the intention of selling it to their daughter. Before they could complete the sale, a title issue came up and put the transaction on hold.</p>
<p>The glitch was the downstream result of a controversial land court decision in the <em>US Bank v. Ibanez</em> foreclosure case, which will soon be heard by the Massachusetts Supreme Judicial Court.  The land court ruled that the foreclosure of the Ibanez property was invalid because US Bank did not have an assignment at the time of the foreclosure.</p>
<p>Framingham real estate attorney Richard Vetstein recently represented a family who had bought a house out of foreclosure about a year ago, then invested in excess of $100,000 in improvements to the property with the intention Many hundreds, if not thousands, of foreclosed property titles could be similarly invalid all across Massachusetts. Attorneys are concerned that a retroactive application of the case&#8217;s decision could further depress sales of foreclosed properties.</p>
<p>In Vetstein&#8217;s client&#8217;s case, when the original owner was foreclosed upon, the mortgage company did not have a properly recorded assignment. To clear the title, Vetstein had to track down the original owner in Alabama, and persuade him to sign over the deed to the property. &#8220;They can close now that the title issue is solved, but in a lot of cases, [they are] not going to be able to be solved,&#8221; said Vetstein &#8220;We were lucky, that&#8217;s what it came down to.&#8221;</p>
<p>Vetstein, who has blogged on the Ibanez case at length, thinks that the court might uphold the Ibanez decision. Previously, many lenders had not recorded mortgage assignments in a timely manner, only recording them after a foreclosure, to clean up the title. During the  overheated mortgage market, mortgages were routinely passed from lender to lender and many buyers were foreclosed upon for unpaid mortgages by lenders that didn&#8217;t have assignment at the time of foreclosure.</p>
<p>&#8220;On foreclosures that have already been completed, if this decision is or has already been taken at face value, this is a huge problem,&#8221; says Laurel H. Siegel, a Boston real estate attorney and co-chair of the Massachusetts Bar Association&#8217;s Property Law Section. &#8220;It&#8217;s the retroactive part that&#8217;s so troubling. Are we going to bankrupt the title companies?&#8221;</p>
<p>Many attorneys share Siegel&#8217;s fears. If Ibanez is applied retroactively, then sales of properties that were foreclosed upon and sold and perhaps even sold again could be ruled invalid. Owners would then try and clear the title in land courts. In some cases, the foreclosure process may even have to start all over again &#8212; and title insurers would be stuck with the legal bill for settling title.</p>
<p>According to Elizabeth J. Barton, Siegel&#8217;s co-chair and counsel for title insurer CATIC, no title insurers will currently write a policy on properties with a potential title issue. Sales of foreclosed properties have therefore stopped. In cases where sales of foreclosed or formerly foreclosed properties are taking place, Barton says that insurers have had to provide letters of indemnification so that the closing can take place. Barton hopes that the SJC will rule to have Ibanez applied prospectively. She reasons that mortgage companies are likely to more closely follow the letter of the law. Clearer titles will make things easier on the title company and remove its liability on older policies where there may be a hitherto unknown Ibanez style title issue.</p>
<p>Siegel also thinks that a prospective judgment would be best. &#8220;Lenders are now on notice that they need to record their assignments promptly and should be able to comply with this requirement.&#8221;</p>
<p>Frank Reynolds, a Lexington-based real estate attorney with more than 40 years&#8217; experience, thinks that it&#8217;s too early to predict the SJC&#8217;s rule. &#8220;I can&#8217;t tell you how it&#8217;s going to be decided, but there is an awful lot of equity and public policy involved. The appeal itself is like a little phone book. You could have a short career just becoming an expert on this case,&#8221; he said.</p>
<p>It&#8217;s expected that those representing the lenders will argue for dismissal of the Ibanez verdict or at least for its prospective application, and challenge the land court&#8217;s factual or legal conclusions.</p>
<p>&#8220;What they are trying to do is get the courts to recognize that these were [foreclosure] procedures that weren&#8217;t challenged prior [to this case],&#8221; said Ward P. Graham, a longtime title attorney. The Ibanez decision, he added, &#8220;is a radical shift in the application of GL 244 14.&#8221; For that reason, Graham also thinks that it would make sense for the SJC to apply the decision prospectively.</p>
<p>&#8220;Given the current constitution of the court and their tendencies of recent years to be kind of moving towards some pro-consumer decisions, I wouldn&#8217;t be surprised if they upheld the land court, probably by a slim margin, and so for people who are stuck with an Ibanez issue, that is in essence the worst-case scenario,&#8221; he said.</p>
<p>Indeed, it&#8217;s unlikely that a pro-consumer verdict upholding the Ibanez decision would actually help consumers. Homebuyers or investors who thought they had gotten a good deal and a clean title on a foreclosed property will instead be saddled with hefty legal bills on a property they can&#8217;t sell.</p>
<p>The title issues that Ibanez raises can be solved through a quiet title action, getting an original owner to sign over the deed to the property as Vetstein did, and re-doing the foreclosure. All of these procedures are time-consuming and hit or miss.</p>
<p>Graham thinks that  if  Ibanez is upheld and all foreclosures with an improper assignment are invalidated, there may be one other recourse for perfecting title. &#8220;Most, if not all, 244 14 Ibanez-issued cases may have the benefit of foreclosure by entry,&#8221; said Graham.</p>
<p>It seems that few attorneys would welcome a flood of new business related to the Ibanez decision. &#8220;I don&#8217;t know of any real estate attorney using Ibanez as a business development opportunity, mainly because solving these title defects, if at all, is incredibly difficult and in some cases impossible.  It&#8217;s a &#8216;lose-lose&#8217; in many situations&#8221; said Vetstein.</p>
<p>However, should the SJC uphold Ibanez, Vetstein foresees many claims against the foreclosing lenders and the foreclosure attorney for failing to convey good title. &#8220;There will also be claims for rescission of these transactions. There is a class action against lenders and foreclosing attorneys which could encompass many millions in potential damages.&#8221; he says.</p>
<p>Barton thinks that the lenders are seeing the worst of it. &#8220;Some of the law firms that represent lenders have had quite a bad season,&#8221; she says.</p>
<p>For more information about the Ibanez decision, please read our blog, <a title="Ibanez ruling" href="http://massrealestatelawblog.com/category/foreclosure" target="_self">The Massachusetts Real Estate Law Blog</a>.</p>
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		<title>Richard Vetstein Featured In Article On Ibanez Foreclosure Mess</title>
		<link>http://www.richardvetstein.net/2010/04/19/richard-vetstein-featured-in-article-on-ibanez-foreclosure-mess/</link>
		<comments>http://www.richardvetstein.net/2010/04/19/richard-vetstein-featured-in-article-on-ibanez-foreclosure-mess/#comments</comments>
		<pubDate>Mon, 19 Apr 2010 17:24:32 +0000</pubDate>
		<dc:creator>rvetstein</dc:creator>
				<category><![CDATA[Blogging]]></category>
		<category><![CDATA[Mortgage Crisis]]></category>
		<category><![CDATA[Richard Vetstein]]></category>
		<category><![CDATA[Ibanez foreclosure ruling]]></category>
		<category><![CDATA[Vetstein Law Group]]></category>

		<guid isPermaLink="false">http://www.richardvetstein.net/?p=181</guid>
		<description><![CDATA[Reporter Steven Altieri of the real estate trade journal Banker &#38; Tradesman recently published an article on the Ibanez foreclosure case, Impending SJC Ibanez, Title Ruling May Invalidate Thousands Of Foreclosures, Why Real Estate Attorneys Expect The Worst, And What It Means To The Industry. Since we’ve written about the case extensively here, Steve asked [...]]]></description>
			<content:encoded><![CDATA[<p>Reporter Steven Altieri of the real estate trade journal <a href="http://www.bankerandtradesman.com/" target="_blank">Banker  &amp;  Tradesman</a> recently published an article on the Ibanez  foreclosure  case, <a href="http://www.massrealestatelawblog.com/wp-content/uploads/2010/04/Banker-and-Tradesman-Ibanez-article.pdf" target="_blank"><strong>I</strong></a><a href="http://www.massrealestatelawblog.com/wp-content/uploads/2010/04/Banker-and-Tradesman-Ibanez-article.pdf" target="_blank"><strong>mpending SJC Ibanez, T</strong></a><a href="http://www.massrealestatelawblog.com/wp-content/uploads/2010/04/Banker-and-Tradesman-Ibanez-article.pdf" target="_blank"><strong>it</strong></a><a href="http://www.massrealestatelawblog.com/wp-content/uploads/2010/04/Banker-and-Tradesman-Ibanez-article.pdf" target="_blank"><strong>le Ruling May Invalidate Thousands Of  Foreclosures,  Why Real Estate Attorneys Expect The Worst, And What It  Means To The  Industry</strong></a>.</p>
<p>Since we’ve written about the case <a href="http://massrealestatelawblog.com/tag/ibanez">extensively here</a>,   Steve asked for my views about the impact of the case and recent   matters I’ve handled with Ibanez title defects:</p>
<blockquote><p>Framingham real estate attorney Richard Vetstein recently   represented a family who had bought a house out of foreclosure about a   year ago, then invested in excess of $100,000 in improvements to the   property with the intention of selling it to their daughter. But before   they could complete the sale, a title issue came up and put the   transaction on hold.</p>
<p>In Vetstein’s client’s case, when the original owner was foreclosed   upon, the mortgage company did not have a properly recorded assignment.   To clear the title, Vetstein had to track down the original owner in   Alabama, and persuade him to sign over the deed to the property.</p>
<p>“They can close now that the title issue is solved, but in a lot of   cases that [is] not going to be able to be solved,” said Vetstein. “We   were lucky, that’s what it came down to.”</p></blockquote>
<p>Steve asked me how I would handicap the appeal of the case:</p>
<blockquote><p>Vetstein, who has blogged on the Ibanez case at length,   thinks the court might uphold the Ibanez decision.</p></blockquote>
<blockquote><p>“Given the current constitution of the court and their   tendencies of recent years to be kind of moving towards some   pro-consumer decisions, I wouldn’t be surprised if they upheld the land   court probably by a slim margin,” Vetstein said. “And so for people who   are stuck with an Ibanez issue, that is in essence the worst-case   scenario.”</p>
<p>Indeed, it’s unlikely that a “pro-consumer” verdict upholding the   Ibanez decision would actually help consumers on the whole. Home buyers   or investors who thought they had gotten a good deal and a clean title   on a foreclosed property will instead be saddled with hefty legal bills   and an inability to sell their property.</p></blockquote>
<p>Lastly, Steve asked if the Ibanez ruling has created an business   development opportunties for real estate attorneys:</p>
<blockquote><p>“I don’t know of any real estate attorney using Ibanez as   a business development opportunity, mainly because solving these title   defects, if at all, is incredibly difficult and in some cases   impossible,” Vetstein said. “It’s a ‘lose-lose’ in many situations.”</p>
<p>One aspect of the case could potentially provide plenty of work for   attorneys. Should the SJC uphold the Ibanez decision, Vetstein reasons   that there will be many claims against the foreclosing lenders and the   foreclosure attorney, for failing to convey good title.</p>
<p>“There will also be claims for rescission of these transactions,” he   added. “There is a class action against lenders and foreclosing   attorneys which could encompass many millions in potential damages.”</p></blockquote>
<p>Banker &amp; Tradesman is a great publication. If you don’t want a   paid subscription, you can follow them on <a href="http://twitter.com/BankerTradesman" target="_blank">Twitter </a>and   <a href="http://www.facebook.com/pages/Boston-MA/Banker-Tradesman/137093968025?ref=sgm&amp;v=wall" target="_blank">Facebook</a>.</p>
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		<title>Richard Vetstein Quoted In Boston Globe Article About Recent Developers’ Rights Case</title>
		<link>http://www.richardvetstein.net/2010/03/24/richard-vetstein-quoted-in-boston-globe-article-about-recent-developers%e2%80%99-rights-case/</link>
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		<pubDate>Wed, 24 Mar 2010 13:13:52 +0000</pubDate>
		<dc:creator>rvetstein</dc:creator>
				<category><![CDATA[Blogging]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Richard Vetstein]]></category>
		<category><![CDATA[SLAPP]]></category>

		<guid isPermaLink="false">http://www.richardvetstein.net/?p=179</guid>
		<description><![CDATA[Boston Globe reporter Jenifer McKim read my blog post, Four Toed Salamanders And SLAPP Suits, and decided that it would be a great topic to write about. Her superb article, How A Salamander Raised A Rights Issue, was published today, and I was fortunate enough to be quoted: Richard Vetstein, a Framingham real estate lawyer, [...]]]></description>
			<content:encoded><![CDATA[<div></div>
<p><img class="alignright" src="http://www.massrealestatelawblog.com/wp-content/uploads/2010/03/Native-four-toed-salamander-1-John-F.-Bunnell-400-copy.jpg" alt="Post image for Richard Vetstein Quoted In Boston Globe Article  About Recent Developers’ Rights Case" width="320" height="257" /></p>
<p>Boston Globe reporter Jenifer McKim read my blog post, <a href="http://www.massrealestatelawblog.com/four-toed-salamanders-and-slapp-suits/">Four  Toed Salamanders And SLAPP Suits</a>, and decided that it would be a  great topic to write about. Her superb article, <a href="http://www.boston.com/business/articles/2010/03/24/how_a_salamander_raised_a_rights_issue/?page=full" target="_blank">How A Salamander Raised A Rights Issue</a>, was  published today, and I was fortunate enough to be quoted:</p>
<div>
<blockquote><p>Richard Vetstein, a Framingham real  estate lawyer, said  the decision was a victory for developers in a state  that has an  especially tough permitting process.</p>
<p>“Whether it is zoning, whether it is  wetlands, you name it, vernal  pools, you can invoke some pretty serious  regulation and have a  property get bogged down pretty quickly,’’ said  Vetstein, who wrote  about the salamander case on his Massachusetts Real  Estate Law blog.</p></blockquote>
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<div>
<p>The case is very interesting, pitting free speech rights against  developers’ rights to build.</p></div>
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		<title>Richard Vetstein Quoted In Wall Street Journal Online/Smart Money On Expiring $8000 Home Buyer Tax Credit</title>
		<link>http://www.richardvetstein.net/2010/03/22/richard-vetstein-quoted-in-wall-street-journal-onlinesmart-money-on-expiring-8000-home-buyer-tax-credit/</link>
		<comments>http://www.richardvetstein.net/2010/03/22/richard-vetstein-quoted-in-wall-street-journal-onlinesmart-money-on-expiring-8000-home-buyer-tax-credit/#comments</comments>
		<pubDate>Mon, 22 Mar 2010 13:08:56 +0000</pubDate>
		<dc:creator>rvetstein</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Richard Vetstein]]></category>
		<category><![CDATA[$8000 home buyer tax credit]]></category>

		<guid isPermaLink="false">http://www.richardvetstein.net/?p=175</guid>
		<description><![CDATA[House Call: To Buy or Not to Buy There are fewer than 40 days remaining until the federal home buyer tax credit expires. And home builders and realtors aren’t letting consumers forget it. Home builder Lennar (LEN: 16.11, -0.43, -2.59%) is touting its move-in ready homes in South Florida. Beazer Homes’ (BZH: 4.67, -0.28, -5.65%) [...]]]></description>
			<content:encoded><![CDATA[<h1><a href="http://www.smartmoney.com/Personal-Finance/Real-Estate/House-Call-To-Buy-or-Not-to-Buy/?page=all">House  Call: To Buy or Not to Buy</a><img class="alignright" title="8000-tax-credit1-294x300" src="http://www.richardvetstein.com/wp-content/uploads/2010/03/8000-tax-credit1-294x300.jpg" alt="8000-tax-credit1-294x300" width="294" height="300" /></h1>
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<p><span>There are fewer than</span> 40 days remaining until the federal  <a href="http://www.irs.gov/newsroom/article/0,,id=215827,00.html?portlet=7" target="_blank">home buyer tax credit</a> expires. And home builders   and realtors aren’t letting consumers forget it.</div>
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<div><script src="http://ad.doubleclick.net/adj/personalfinance.sm/real_estate;kw=Personal_Finance;kw=Real_Estate;kw=Taxes;kw=Mortgage;columns=;contentid=21620;pos=2;sz=300x600,300x250;tile=2;ticker=LEN;ticker=BZH;ticker=KBH;pagetemplate=1;rsiseg=10024;rsiseg=10044;rsiseg=10050;rsiseg=10054;rsiseg=10059;rsiseg=10060;ord=0859462934?"></script><!-- Template Id = 2,593 Template Name = Banner Creative (Flash) -  In Page --><!-- Copyright 2006 DoubleClick Inc., All rights reserved. --><script src="http://s0.2mdn.net/879366/flashwrite_1_2.js"></script> <noscript></noscript></div>
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<p>Home builder <strong>Lennar</strong> (<a href="http://www.smartmoney.com/quote/LEN/">LEN</a><span id="q_0_0">: </span><span id="q_0_1"> 16.11, </span><span id="q_0_2">-0.43,  -2.59%</span>)  is touting its move-in ready homes in South Florida. <strong>Beazer  Homes</strong>’  (<a href="http://www.smartmoney.com/quote/BZH/">BZH</a><span id="q_1_0">: </span><span id="q_1_1"> 4.67, </span><span id="q_1_2">-0.28, -5.65%</span>)  web site encourages house  hunters to “cash in on the <span id="KonaLink0" style="text-decoration: none ! important; position: static;  font-size: 12px; font-style: normal; line-height: 18px;"><span id="konaUnderline0" style="font-size: 12px; font-style: normal; line-height: 18px; top: 0pt; cursor: pointer; padding: 0pt 0pt 2px; border-bottom: 1px solid #009900; color: #009900;"><span id="konaUnderline0_2" style="font-size: 12px; font-style: normal; line-height: 18px;  border-bottom: 1px solid #009900;"><ins style="color: #009900;">tax </ins><ins style="color: #009900;">credit</ins></span></span></span>,”  while <strong>KB Home</strong>’s  (<a href="http://www.smartmoney.com/quote/KBH/">KBH</a><span id="q_2_0">: </span><span id="q_2_1"> 17.33, </span><span id="q_2_2">-0.31,  -1.75%</span>)  site declares “Time is running out,” along with  countdown &#8212; to the  second &#8212; until the credit expires.</div>
<div>
<p>Time is, indeed, running out: Buyers must have a  binding contract on  a house in place by April 30, and the sale must  close by June 30. But  should you heed the call?</p></div>
<div>
<p>It is true that the <span id="KonaLink1" style="text-decoration: none ! important;  position: static; font-size: 12px; font-style: normal; line-height:  18px;"><span id="konaUnderline1" style="font-size: 12px; font-style: normal; line-height: 18px; top: 0pt; cursor: pointer; padding: 0pt 0pt 2px; border-bottom: 1px solid #009900; color: #009900;"><span id="konaUnderline1_2" style="font-size: 12px; font-style: normal; line-height: 18px;  border-bottom: 1px solid #009900;"><ins style="color: #009900;">tax </ins><ins style="color: #009900;">credits</ins></span></span></span>,   combined with low mortgage rates and overall affordability make buying a   house tempting today. But there are other considerations that should   factor into your decision.</div>
<div>
<p>Here are a  few reasons why taking advantage of the credit may not be  a savvy move:</p></div>
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<p><strong>1. Say there was no credit</strong></div>
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<p>Taxes are important, but they shouldn’t drive the  decision-making  process. “If absent the tax credit, you wouldn’t make  that purchase,  don’t do it just to save a few thousand dollars,” says  John Scherer, a  certified financial planner and president of Trinity  Financial Planning  in Middleton, Wis.</p></div>
<div>
<p>The  bottom line is, if you’re in a position where it makes sense to  buy a  house, and you’ve found a house you really want at the right  price, then  you should pursue the credit, he says. But don’t settle for  a house you  may not be happy with just to get the money – you might  regret it.</p></div>
<div>
<p>For existing homeowners after the $6,500 credit,  think about what’s  involved in selling your current house. Buyers are  still bidding low  and homes continue to come on the market, says Neil  Sullivan, president  of Westfield <span id="KonaLink2" style="text-decoration: none ! important;  position: static; font-size: 12px; font-style: normal; line-height:  18px;"><span id="konaUnderline2" style="font-size: 12px; font-style: normal; line-height: 18px; top: 0pt; cursor: pointer; padding: 0pt 0pt 2px; border-bottom: 1px solid #009900; color: #009900;"><span id="konaUnderline2_2" style="font-size: 12px; font-style: normal; line-height: 18px;  border-bottom: 1px solid #009900;"><ins style="color: #009900;">Mortgage</ins></span></span></span> in  Westfield, N.J.,  who adds that many homes that didn’t sell last year  were taken off the  market.</div>
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<p><strong>2. The bigger picture</strong></div>
<div>
<p>From a psychological perspective, $8,000 is a lot  of money to many  people. But as a percentage of the <span id="KonaLink3" style="text-decoration: none ! important; position: static;  font-size: 12px; font-style: normal; line-height: 18px;"><span id="konaUnderline3" style="font-size: 12px; font-style: normal; line-height: 18px; top: 0pt; cursor: pointer; padding: 0pt 0pt 2px; border-bottom: 1px solid #009900; color: #009900;"><span id="konaUnderline3_2" style="font-size: 12px; font-style: normal; line-height: 18px;  border-bottom: 1px solid #009900;"><ins style="color: #009900;">purchase </ins><ins style="color: #009900;">price</ins></span></span></span> for, say, a $200,000 home, it represents just 4%.</div>
<div>
<p>“How many of us would rush off to a car dealer who  was offering a 4%  discount off the car price?” says John Vogel, a  professor of <span id="KonaLink4" style="text-decoration: none ! important; position: static;  font-size: 12px; font-style: normal; line-height: 18px;"><span id="konaUnderline4" style="font-size: 12px; font-style: normal; line-height: 18px; top: 0pt; cursor: pointer; padding: 0pt 0pt 2px; border-bottom: 1px solid #009900; color: #009900;"><span id="konaUnderline4_2" style="font-size: 12px; font-style: normal; line-height: 18px;  border-bottom: 1px solid #009900;"><ins style="color: #009900;">real </ins><ins style="color: #009900;">estate</ins></span></span></span> at  the Tuck School of Business at Dartmouth. And buying a home is more   complicated and involves more time and effort than buying a new car.</div>
<div>
<p>Also, if you’re in a rush to land the credit, a  seller might more  inclined to use that as leverage and be less willing  to negotiate on  price, says Erin Baehr, a certified financial planner  and owner of  Baehr Family Financial in Shawnee-on-Delaware, Pa.</p></div>
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<p><strong>3. Last-minute snags</strong></div>
<div>
<p>The deadline to be in contract is April 30 and June  30 to close on  the house. For buyers who haven’t started doing research  and seeing  houses, it’s cutting it close. Even if you’re <a href="http://www.smartmoney.com/personal-finance/real-estate/7-tips-for-getting-a-preapproved-mortgage/">preapproved</a> for a mortgage, things might still hold up the transaction that could   mean missing the deadline.</div>
<div>
<p>For one,  the appraisal process can be a wild card in many  transactions, says  Sullivan. For deals with little margin for error, an  appraisal below the  agreed sales price can make the deal hard to  complete.</p></div>
<div>
<p>“Deals have been canceled because of low appraisals –  it has to  match up with the purchase price,” says Richard Vetstein, a  real estate  attorney in Framingham, Mass.</p></div>
<div>
<p>One  way around this is making sure you include a provision (called a   mortgage contingency clause) in the purchase contract to protect the   buyer. So if the appraisal comes in less than anticipated or if there’s a   title issue that pushes the closing date back, the buyer can terminate   the deal, says Vetstein.</p></div>
<div>
<p><strong>4.  How long do you plan on staying in the home?</strong></div>
<div>
<p>If you don’t plan to live in the new house for at  least three years  &#8212; and preferably five years &#8212; the brokerage and  other transaction  costs are likely to swallow up all the profit,  including the $8,000 or  $6,500 tax credit, says Vogel.</p></div>
<div>
<p>What’s more, if the home ceases to be your primary  residence after  less than three years after purchase, the IRS will ask  you to pay back  the $8,000 tax credit. If you’re self-employed and you  know where  you’ll be living five years from now, buying a house isn’t  that big of a  risk, says Jake Engle, CFP and founder of Wealth Planning  &amp;  Management in Portland, Ore. Get transferred to another region for  work  and you may be forced to sell into a bad market – and you “could  get a  bill from the government for the credit you just took,” says  Engle.</p></div>
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<p><strong>5. Prices might still  be declining</strong></div>
<div>
<p>All the  variables that a housing rebound depends on makes it  difficult to  forecast where home values will be in a few months, let  alone a few  years from now.</p></div>
<div>
<p>The credit, which was  has been around for about a year (and was  extended and expanded last  fall), to a large extent artificially  stabilized home prices. That also  means there’s a lot of uncertainty  about what will happen once the  credit expires and all the demand still  trickling into the market will  have evaporated, says Jonathan Miller,  president and CEO of Miller  Samuel, a real estate appraisal firm in New  York.</p></div>
<div>
<p>Without another extension – which most in the  industry don’t expect –  you may see weaker prices in the second half of  2010. (Moody’s  Economy.com predicts house prices to fall 2% this year.)  And if you buy  into a slumping market, that tax credit may not be as  compelling as  you thought.</p></div>
</div>
<p>Read more:  <a href="http://www.smartmoney.com/Personal-Finance/Real-Estate/House-Call-To-Buy-or-Not-to-Buy/?page=all#ixzz0iuTkTXyj">House   Call: To Buy or Not to Buy (Page all of 2) at SmartMoney.com</a> <a href="http://www.smartmoney.com/Personal-Finance/Real-Estate/House-Call-To-Buy-or-Not-to-Buy/?page=all#ixzz0iuTkTXyj">http://www.smartmoney.com/Personal-Finance/Real-Estate/House-Call-To-Buy-or-Not-to-Buy/?page=all#ixzz0iuTkTXyj</a></p>
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		<title>Massachusetts Real Estate Law Blog by Richard Vetstein Cracks Top 100 Blog List!</title>
		<link>http://www.richardvetstein.net/2010/03/12/massachusetts-real-estate-law-blog-by-richard-vetstein-cracks-top-100-blog-list/</link>
		<comments>http://www.richardvetstein.net/2010/03/12/massachusetts-real-estate-law-blog-by-richard-vetstein-cracks-top-100-blog-list/#comments</comments>
		<pubDate>Fri, 12 Mar 2010 14:40:04 +0000</pubDate>
		<dc:creator>rvetstein</dc:creator>
				<category><![CDATA[Blogging]]></category>
		<category><![CDATA[Attorney Richard Vetstein]]></category>
		<category><![CDATA[legal blogging]]></category>
		<category><![CDATA[Richard Vetstein]]></category>

		<guid isPermaLink="false">http://www.richardvetstein.net/?p=170</guid>
		<description><![CDATA[As reported through PR NewsWire, the Massachusetts Real Estate Law Blog is now ranked #95 of all legal blogs according to Avvo.com and Alexa rankings! As far as I can tell, this puts us Numero Uno in Massachusetts for all substantive legal blogs focusing on Mass. law. Much thanks to all of you — our [...]]]></description>
			<content:encoded><![CDATA[<p>As reported through <a title="Richard D. Vetstein" href="http://www.dailyfinance.com/article/attorney-richard-d-vetsteins-the/944196/" target="_blank">PR NewsWire</a>, the Massachusetts Real Estate Law Blog  is now ranked #95 of all legal blogs according to Avvo.com and Alexa <a href="http://www.avvo.com/stats/top_legal_blogs" target="_blank">rankings</a>!  As far as I can tell, this puts us Num<img class="alignright size-full wp-image-171" title="Massachusetts Real   Estate Law Blog" src="http://www.richardvetstein.net/wp-content/uploads/2010/03/capture-mass-re-blog.PNG" alt="Massachusetts Real Estate Law Blog" width="149" height="132" />ero Uno in Massachusetts for all  substantive legal blogs focusing on Mass. law.</p>
<p>Much thanks to all of you — our readers — who have made this blog so  much more than I could have ever imagined. In the next few months, this  blog will see more contributors, more guest bloggers, and will even get a  bit of a design face-lift. So stay tuned…</p>
<p>As shown on <a href="http://boston.citybizlist.com/yourcitybiznews/detail.aspx?id=70350" target="_blank">Boston CityBiz lis</a>t.</p>
<p>FRAMINGHAM, Mass., March 9 &#8212; The nationally acclaimed <a href="http://massrealestatelawblog.com">The <strong>Massachusetts  Real Estate Law</strong> Blog </a>created by real estate <a href="http://vetsteinlawgroup.com/attorneys-vetstein-law-group-richard-vetstein/"><strong>attorney  Richard D. Vetstein</strong></a> was recently ranked #97 in a ranking of all  North American law blogs by Avvo.com. The Massachusetts Real Estate Law  Blog, averaging 15,000 monthly page views, has proven very popular to  home buyers, sellers, consumers, realtors and lenders due to its easy to  read articles on timely topics affecting Massachusetts and national  real estate law.</p>
<p>Attorney Richard D. Vetstein, Founding  Partner of the Vetstein Law Group, P.C., set out to launch the first  ever legal blog dedicated solely to Massachusetts real estate law.  Through the blog, Attorney Vetstein offers timely legal commentary,  updates and checklists to help consumers, realtors and lenders navigate  the intricacies of Massachusetts real estate law. Recent popular posts  include:</p>
<p>&#8211;  Short Sales Get Boost From New Obama Short Sale  Rules</p>
<p>&#8211;  The Catch-22 Impact Of New Fannie Mae Condominium  Lending Regulations</p>
<p>&#8211;  There&#8217;s Nothing &#8220;Standard&#8221; About The  Massachusetts Standard Purchase And Sales Agreement</p>
<p>&#8211;  New  Stricter FHA Condominium Lending Regulations and Guidelines Sure To Slow  Financing And Chill Sales</p>
<p>&#8211;  Massachusetts Land Court&#8217;s  Ibanez Decision Invalidates Thousands Of Foreclosures</p>
<p>Attorney  Richard Vetstein&#8217;s blogging follows a greater trend of attorneys using  blogs as a key component to their business development and marketing  efforts. &#8220;I truly enjoy blogging. It helps me become a thought leader  and expert on the latest trends in real estate law. Plus, as the  founding partner of a small law firm, blogging is an incredibly  cost-efficient tool for business development and marketing,&#8221; said  Vetstein. &#8220;In the legal services industry, blogging is a win-win for the  attorney and the consumer. People get access to basic legal information  without charge, and good lawyers further enhance their reputations and  hone their writing and analytical skills,&#8221; Vetstein adds.</p>
<p><strong>About  Richard D. Vetstein and the Vetstein Law Group, P.C.</strong></p>
<p>The  Vetstein Law Group, P.C. (<a href="http://www.vetsteinlawgroup.com/" target="_blank">www.vetsteinlawgroup.com</a>) is a law firm based in  Framingham, MA, servicing clients in real estate, real estate and  business litigation, construction, condominium, and zoning law. Richard  D. Vetstein, Esq., the Firm&#8217;s Founding Partner, is an avid blogger and  proponent of Web 2.0 technology for business development and marketing.  Richard Vetstein is also a contributing blogger on the Real Estate Now  Blog of Boston.com. Mr. Vetstein can be followed on Twitter and  Facebook.</p>
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		<title>Attorney Richard D. Vetstein’s The Massachusetts Real Estate Law Blog Cracks Top 100 List</title>
		<link>http://www.richardvetstein.net/2010/03/09/attorney-richard-d-vetstein%e2%80%99s-the-massachusetts-real-estate-law-blog-cracks-top-100-list/</link>
		<comments>http://www.richardvetstein.net/2010/03/09/attorney-richard-d-vetstein%e2%80%99s-the-massachusetts-real-estate-law-blog-cracks-top-100-list/#comments</comments>
		<pubDate>Tue, 09 Mar 2010 22:19:44 +0000</pubDate>
		<dc:creator>rvetstein</dc:creator>
				<category><![CDATA[Legal Marketing]]></category>
		<category><![CDATA[Richard Vetstein]]></category>
		<category><![CDATA[legal blogging]]></category>
		<category><![CDATA[Massachusetts real estate law blog]]></category>

		<guid isPermaLink="false">http://www.richardvetstein.net/?p=167</guid>
		<description><![CDATA[FRAMINGHAM, MA, March 9, 2009/PR Newswire/&#8211; The nationally acclaimed the Massachusetts Real Estate Law Blog created by real estate attorney Richard D. Vetstein was recently ranked #97 in a ranking of all North American law blogs by Avvo.com. The Massachusetts Real Estate Law Blog, averaging 15,000 monthly page views, has proven very popular to home [...]]]></description>
			<content:encoded><![CDATA[<p><strong> </strong></p>
<p><strong> </strong></p>
<p>FRAMINGHAM, MA, March 9, 2009/PR Newswire/&#8211; The nationally acclaimed the <a href="http://www.massrealestatelawblog.com/">Massachusetts Real Estate Law Blog</a> created by real estate attorney <a href="http://www.vetsteinlawgroup.com/">Richard D. Vetstein</a> was recently ranked #97 in a ranking of all North American law blogs by <a href="http://www.avvo.com/stats/top_legal_blogs">Avvo.com</a>. The Massachusetts Real Estate Law Blog, averaging 15,000 monthly page views, has proven very popular to home buyers, sellers, consumers, realtors and lenders due to its easy to read articles on timely topics affecting Massachusetts and national real estate law.</p>
<p>Attorney Richard D. Vetstein, Founding Partner of the <a href="http://www.vetsteinlawgroup.com/">Vetstein Law Group, P.C</a>, set out to launch the first ever legal blog dedicated solely to Massachusetts real estate law. Through the blog, Attorney Vetstein offers timely legal commentary, updates and checklists to help consumers, realtors and lenders navigate the intricacies of Massachusetts real estate law. Recent popular posts include:</p>
<ul>
<li><a href="http://www.massrealestatelawblog.com/short-sales-get-boost-from-new-obama-treasury-guidelines/">Short      Sales Get Boost From New Obama Short Sale Rules</a></li>
<li><a href="http://www.massrealestatelawblog.com/the-catch-22-impact-of-new-fannie-mae-condominium-lending-regulations/">The      Catch-22 Impact Of New Fannie Mae Condominium Lending Regulations</a></li>
<li><a href="http://www.massrealestatelawblog.com/massachusetts-standard-form-residential-real-estate-purchase-sale-agreement/">There’s      Nothing “Standard” About The Massachusetts Standard Purchase And Sales      Agreement</a></li>
<li><a href="http://www.massrealestatelawblog.com/new-stricter-fha-condominium-lending-regulations-and-guidelines-sure-to-chill/">New      Stricter FHA Condominium Lending Regulations and Guidelines Sure To Slow      Financing And Chill Sales</a></li>
<li><a href="http://www.massrealestatelawblog.com/massachusetts-land-court-reaffirms-controversial-ibanez-ruling-invalidating-thousands-of-foreclosures/">Massachusetts      Land Court’s <em>Ibanez</em> Decision      Invalidates Thousands Of Foreclosures</a></li>
</ul>
<p>Attorney Richard Vetstein’s blogging follows a greater trend of attorneys using blogs as a key component to their business development and marketing efforts. “I truly enjoy blogging. It helps me become a thought leader and expert on the latest trends in real estate law. Plus, as the founder partner of a small law firm, blogging is an incredibly cost-efficient tool for business development and marketing,” said Vetstein. “In the legal services industry, blogging is a win-win for the attorney and the consumer. People get access to basic legal information without charge, and good lawyers further enhance their reputations and hone their writing and analytical skills,” Vetstein adds.</p>
<p><strong> </strong></p>
<p><strong>About Richard D. Vetstein and the Vetstein Law Group, P.C.</strong></p>
<p><a href="http://vetsteinlawgroup.com/">The Vetstein Law Group, P.C.</a> is a law firm based in Framingham, MA, servicing clients in real estate, real estate and business litigation, construction, condominium, and zoning law. <a href="http://www.massrealestatelawblog.com/about-richard-vetstein/">Richard D. Vetstein, Esq</a>., the Firm’s Founding Partner, is an avid blogger and proponent of Web 2.0 technology for business development and marketing. Richard Vetstein is also a contributing blogger on the <a href="http://www.boston.com/realestate/news/blogs/renow/">Real Estate Now Blog of Boston.com</a>. Mr. Vetstein can be followed on <a href="http://www.twitter.com/richardvetstein">Twitter</a> and <a href="http://www.facebook.com/vetsteinlawgroup">Facebook</a>.</p>
<p><a href="http://www.earthtimes.org/articles/show/attorney-richard-d-vetstein39s-the,1198067.shtml">Link To Earth Times article</a>.</p>
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		<title>Richard D. Vetstein Quoted In Lawyers Weekly USA About Friending Clients On Facebook</title>
		<link>http://www.richardvetstein.net/2009/12/23/richard-d-vetstein-quoted-in-lawyers-weekly-usa-about-friending-clients-on-facebook/</link>
		<comments>http://www.richardvetstein.net/2009/12/23/richard-d-vetstein-quoted-in-lawyers-weekly-usa-about-friending-clients-on-facebook/#comments</comments>
		<pubDate>Wed, 23 Dec 2009 13:57:03 +0000</pubDate>
		<dc:creator>rvetstein</dc:creator>
				<category><![CDATA[Blogging]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Legal Marketing]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[attorney client Facebook]]></category>
		<category><![CDATA[Attorney Richard Vetstein]]></category>
		<category><![CDATA[attorneys social media]]></category>
		<category><![CDATA[attorneys using facebook]]></category>
		<category><![CDATA[law firms using Facebook]]></category>
		<category><![CDATA[lawyers using Facebook]]></category>
		<category><![CDATA[Richard D. Vetstein]]></category>
		<category><![CDATA[social media policy]]></category>
		<category><![CDATA[Vetstein Law Group]]></category>

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		<description><![CDATA[Client, Facebook friend &#8211; or both? by Sylvia Hsieh Dolan Media Newswires BOSTON, MA &#8212; As more lawyers create personal Facebook pages, the decision about whether to include clients as &#8220;friends&#8221; is just a click away. Many younger, social media-loving lawyers advocate friending as many people as possible to grow your online presence. They see [...]]]></description>
			<content:encoded><![CDATA[<p><strong><a href="http://www.dolanmedia.com/view.cfm?recID=551761">Client, Facebook friend &#8211; or both</a>?</strong><br />
by Sylvia Hsieh<br />
Dolan Media Newswires<img class="alignright size-full wp-image-163" title="facebook_logo" src="http://www.richardvetstein.net/wp-content/uploads/2009/12/facebook_logo.png" alt="facebook_logo" width="311" height="311" /></p>
<p>BOSTON, MA &#8212; As more lawyers create personal Facebook pages, the decision about whether to include clients as &#8220;friends&#8221; is just a click away.</p>
<p>Many younger, social media-loving lawyers advocate friending as many people as possible to grow your online presence. They see nothing wrong with including clients on a personal Facebook page.</p>
<p>Richard Vetstein, a real estate lawyer in Framingham, Mass., counts up to 30 of his clients as Facebook friends.</p>
<p>&#8220;Most of my clients I consider my friends. I don&#8217;t see a big issue with it,&#8221; said Vetstein.</p>
<p>But pre-GenX attorneys, some of whom may still be wondering when &#8220;friend&#8221; became a verb, are more cautious about mixing their professional and personal lives.</p>
<p>Traci Capistrant, a family law attorney at Capistrant &amp; Wong in Minneapolis, Minn., declines friend requests from clients on her personal page.</p>
<p>&#8220;The reality is I don&#8217;t necessarily want them to see all my personal information, nor do I want to see theirs,&#8221; she said.</p>
<p>For lawyers like Capistrant, the networking benefits are outweighed by various ethical issues, including security and overly-personal interaction with others, such as opposing counsel.</p>
<p>A Florida ethics opinion recently advised judges to &#8220;de-friend&#8221; attorneys who appeared before them because it gave the appearance of bias.</p>
<p>Getting friendly&#8230;</p>
<p>Showing clients a glimpse of your personal life can make them more comfortable with you and expand your network to draw in potential new clients.</p>
<p>David Barrett, a practicing litigator in Boston who also coaches lawyers on using social media, encourages lawyers to use Facebook strictly as a networking tool.</p>
<p>Solos and small firms with few marketing dollars have used Facebook to level the playing field against larger competitors.</p>
<p>Vetstein, for example, has generated business from Facebook &#8220;friends&#8221;: one whose sister had a dispute over a purchase and sale agreement and another who became a client after striking up a conversation about the Boston Celtics.</p>
<p>However, just as you may cement your rapport with clients on Facebook by finding common interests, you may just as easily turn them off.</p>
<p>&#8220;On Facebook you are more likely to reveal your personal ideologies because of information-sharing, discussions or joining certain groups. It can ruffle a client&#8217;s feathers,&#8221; said Barrett.</p>
<p>Even if your clients overlook your political associations, they are less likely to forgive fraternizing with opposing counsel if they can see that you are &#8220;friends&#8221; with the other side&#8217;s attorney.</p>
<p>&#8220;If my client can see that I&#8217;m chummy with the other side, he or she may think, ‘Can you really be tough when you&#8217;re clearly buddies with the other attorney?&#8217;&#8221; said Capistrant.</p>
<p>One option is to categorize friends into those who can see your personal information and those who can&#8217;t.</p>
<p>Capistrant chose to use another method. She built a page for her firm in addition to her personal Facebook page so that she could keep clients separate from her family and friends.</p>
<p>&#8220;When a client tries to friend me on my personal page, I decline and then invite them to my firm page,&#8221; she said.</p>
<p>However, there are some downsides to creating a Facebook page for your firm.</p>
<p>Because Facebook prohibits duplicate pages for the same person, a lawyer who wants to have a business presence must create a separate entity page, which arguably defeats the purpose of showing your personal side.</p>
<p>You are also not able to connect with new people whom you do not already know, because you cannot invite friends to visit your business page through the Facebook platform; instead you must send an e-mail to invite someone to become a &#8220;fan.&#8221;</p>
<p>An advantage to having clients as Facebook friends is monitoring how they are using the site.</p>
<p>Barrett once noticed on Facebook that a client he was representing in a custody case was a member of a Bob Marley fan club that had a marijuana leaf as its logo.</p>
<p>&#8220;I&#8217;m like, ‘You [have to] take those off your Facebook page.&#8217; It could have been used as evidence at least by giving the appearance of drug use. So clients can benefit [from friending their lawyers,] too,&#8221; said Barrett.</p>
<p>&#8230;But not too friendly</p>
<p>Even Facebook enthusiasts who friend their clients say they would never, ever communicate with clients through Facebook.</p>
<p>When Vetstein gets a message on Facebook from a client, he tells him or her to contact him through e-mail or by phone.</p>
<p>&#8220;I just don&#8217;t trust the security,&#8221; said Vetstein.</p>
<p>Weak security is just one risk. In addition, Facebook communications are not your property and arguably no longer privileged.</p>
<p>&#8220;You don&#8217;t own the platform. Facebook owns the content that&#8217;s on there. Do you want Facebook to own your attorney-client communications?&#8221; asked Gina Rubel, a former trial attorney and owner of Furia Rubel Communications, which advises lawyers on public relations.</p>
<p>Lawyers should also be careful about the content they post to their Facebook page.</p>
<p>For example, publishing a big win in a case violates some state ethics rules, because clients who see the posting can be misled into thinking that a win implies future performance, Rubel noted.</p>
<p>Another thing that could mislead a client straight to the ethics board is if he sees his lawyer spending more time on Facebook than on his case.</p>
<p>&#8220;You can see when other friends are on Facebook, so if you have clients who feel you&#8217;re not attending to their matters quickly enough &#8230; it would hurt your argument that you don&#8217;t have time for their legal case,&#8221; said Barrett.</p>
<p>Although there is an option to appear &#8220;offline,&#8221; many lawyers are not paying attention to their settings, said Barrett, who should know, as his 3,500 Facebook friends include about 3,200 lawyers.</p>
<p>Lawyers may also not be aware that certain games on Facebook, like the popular Mafia Wars and Farmville, make automatic postings on your wall and in your news feed.</p>
<p>For a lawyer trying to maintain a professional image, it can look ridiculous to ask friends to join your Mafia group or to announce that you&#8217;ve completed some advanced level on Farmville, said Barrett.</p>
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		<title>Richard Vetstein&#8217;s the Massachusetts Real Estate Law Blog Top in Class</title>
		<link>http://www.richardvetstein.net/2009/11/27/richard-vetsteins-the-massachusetts-real-estate-law-blog-top-in-class/</link>
		<comments>http://www.richardvetstein.net/2009/11/27/richard-vetsteins-the-massachusetts-real-estate-law-blog-top-in-class/#comments</comments>
		<pubDate>Sat, 28 Nov 2009 00:41:59 +0000</pubDate>
		<dc:creator>rvetstein</dc:creator>
				<category><![CDATA[Blogging]]></category>
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		<description><![CDATA[The Massachusetts Real Estate Law Blog has quickly become the highest ranking legal blog focused solely on Massachusetts substantive law according to Avvo.com and Alexa.com rankings. As reported in BizJournals, the blog has proven very popular to home buyers, sellers, consumers, realtors and lenders due to its easy to read articles on timely topics affecting [...]]]></description>
			<content:encoded><![CDATA[<p>The Massachusetts Real Estate Law Blog has quickly become the highest ranking legal blog focused solely on Massachusetts substantive law according to <a href="http://www.avvo.com/stats/top_legal_blogs" target="_blank">Avvo.com</a> and <a href="http://alexa.com/" target="_blank">Alexa.com</a> rankings. <a href="http://sanfrancisco.bizjournals.com/prnewswire/press_releases/Massachusetts/2009/11/27/NE17686" target="_blank">As reported in BizJournals</a>, the blog has proven very popular to home buyers, sellers, consumers, realtors and lenders due to its easy to read articles on timely topics affecting Massachusetts and national real estate law.</p>
<p>Much thanks to all of our readers!</p>
<p><a href="http://vetsteinlawgroup.com/">Richard D. Vetstein</a></p>
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