LowellDeeds
Tuesday, September 23, 2014

Tax Stamp procedures

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Massachusetts law imposes an excise tax on the sale of real estate.  The tax is based on the sales price of the property and is assessed at ...
Thursday, September 04, 2014

Registry Revenue

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The Registry of Deeds collects revenue for the Commonwealth through recording fees, excise tax stamps and surcharges for the Community Prese...
Wednesday, September 03, 2014

Electronic recording in August

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Again in August 40% of the documents recorded at the Middlesex North Registry of Deeds came to us electronically.  That's the third mont...
Tuesday, September 02, 2014

August recording statistics

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Here's a look at the total number of various types of documents that were recorded in August compared to the same month in 2013: DEEDS...
Monday, August 25, 2014

Foreclosure trends in 2014

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We haven't heard much about foreclosures recently.  Most likely that's because the volume of foreclosure activity is down.  By forec...
Monday, August 18, 2014

Electronic Recording stats for July

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The Middlesex North Registry of Deeds recorded 5028 documents.  Of them, 2013 (40%) were recorded electronically.  This percentage is on the...
Friday, August 15, 2014

Globe reports Senate Bill 1987 "dead" for now

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I've written several posts recently (on July 30 and on August 12 ) about Senate Bill 1987, "An Act clearing titles to foreclosed p...
Thursday, August 14, 2014

Securitizing non-performing loans

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The practice of securitizing mortgages was one of the key drivers of the real estate bubble of a decade ago.  By bundling thousands of mortg...
Tuesday, August 12, 2014

Back to the drawing board for An Act Clearing Titles?

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As this year's session of the state legislature came to a close at the end of July, it seemed that Senate Bill 1987, An Act clearing tit...
Monday, August 11, 2014

Attorney Arthur L. Eno, Jr. 1924 – 2014

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One of the leading Massachusetts real estate lawyers of the second half of the twentieth century, Lowell-native Arthur L. Eno, Jr., passed...
Friday, August 01, 2014

July 2014 recording statistics

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Here are the number of various document types recorded in July 2014 compared to the number from July 2013. For the entire registry distric...
Thursday, July 31, 2014

July year-to-date document totals since 2000

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With July wrapping up in a few minutes, I took a quick look at the total number of documents recorded this year from January 1 until July 31...
Wednesday, July 30, 2014

An Act clearing titles to foreclosed properties

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Ever since the Ibanez decision by the Supreme Judicial Court several years ago, the validity of the title to homes that have a foreclosure i...
Monday, July 28, 2014

Why you should hire a lawyer to create a deed

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Almost every day a customer comes to the registry of deeds and announces "I want to add a name to my deed."  When we reply "y...
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Friday, July 25, 2014

Flood Insurance Premium Relief

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Governor Patrick signed a new law yesterday that provides some potential relief to people who own homes in flood zones.  Previously, lenders...
Thursday, July 24, 2014

Two way traffic coming to downtown Lowell

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This August the traffic pattern in downtown Lowell will undergo a big change.  The web of one way streets that have been in place for a half...
Wednesday, July 23, 2014

Condo Docs

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Today's Globe business page has a story about a bill pending in the legislature that would create financial incentives for condominium ...
Monday, July 21, 2014

Electronic Recording Statistics

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Electronic recording continues to be a major part of our operations.  Here's a month-by-month breakdown of the number of documents recor...
Wednesday, July 09, 2014

Mid year statistics

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With the month of June in the past we can now look at statistics for the first six months of 2014 compared to the same period in 2013.  The ...

Back to blogging

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For a couple of weeks I've refrained from posting here.  It started as only a day or two that was missed but then grew.  Future posts mi...
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