Wednesday, March 24, 2010

Family Real Estate Dispute

The Bay Area Family moved to the California Foothills, they purchased their dream home on acreage.

As time passed they offered their daughter and son in law a site on the 7 acre parcel for building their dream home.

They became neighbors.

As time passed, neighbor to neighbor issues developed, abandoned vehicles, excessive animals, the borrowing of funds to finish the house.

The daughter and her husband talked of a divorce.

The last five years have not been kind to those in the construction-real estate industry and values of real estate in the central valley have seen major price adjustments.

The home is presently worth less than what is owed.

Legal counsel was sought and the attorney has suggested mediation vs litigation.

Jim W Hildreth of Real Estate Mediation Services will serve as the neutral mediator among the family members.

Mediation is an alternative to litigation, it is private and confidential.

"Preserving family relationships" may also play a large role, says Hildreth.

Jim W Hildreth is a Mediator who's focus is dealing with real estate disputes.

Berkeley CA Real Estate Dispute

The Berkeley California residents had lived in their Berkeley residence for decades.

The charming vintage home is a classic, close to the university and over many decades
the owners completed upgrades with attention to detail and craftmanship.

The owners dreams to live the country life of open land, cattle and ranching were apart of their life plan.

They placed their home For Sale and the market produced multiple buyers. The ultimate buyers completed and reviewed disclosures and closed the transaction.

As the first winter came, mystery water turned the basement from seepage to a lake.

The Buyers and Sellers agreed that a voluntary real estate mediation was going to play a role in their dispute over excessive water intrusion.

Jim W Hildreth, of Real Estate Mediation Services was asked by the parties to act
as the "Neutral", prior to taking any steps towards litigation.

Hildreth was chosen as an experienced Mediator with decades of real estate experience.

The parties met for 5 hours and the lines of communication have been opened for consideration of a settlement.

Mediation does work, if the disputants are willing to listen, compromise and not take hard line positions.

Mediation is an Alternative Dispute Resolution and often can resolve difficult issues such as real estate, family issues, partnerships, easements and other real estate matters.

Mediation is both private and confidential.

Many Superior Courts in California have adopted Dispute Resolution.

Alameda County Superior Court has a active Alternative Dispute Program.

If your having a dispute talk to you Attorney about Mediation/Arbitration.

Jim W Hildreth Real Estate Mediation Services are offered in the Bay Area, Central Valley & Mother Lode.