Renfroe & Perilloux, PLLC

04/06/2026

https://www.facebook.com/share/r/17SeBxhjk8/

04/01/2026

In memoriam of the sacrifice of our Savior, Renfroe & Perilloux, PLLC will be closed on Good Friday April 3, 2026. But........ Sunday's coming!

03/02/2026

https://www.nationalmortgagenews.com/news/whats-it-going-to-take-to-get-banks-back-into-mortgages

Though changes to bank capital rules previewed by Federal Reserve Vice Chair for Supervision Michelle Bowman in February are being viewed as welcome, experts say other more significant hurdles — not all of them regulatory — are keeping banks on the sidelines of mortgage servicing and lending.

02/27/2026

https://www.npr.org/2026/02/25/nx-s1-5726382/supreme-court-appears-split-in-tax-foreclosure-case

At issue is whether a county can seize homeowners' residence for unpaid property taxes and sell the house at auction for less than the homeowners would get if they put their home on the market themselves.

02/18/2026

LAWYER TIP OF THE DAY. If you find yourself in financial distress, bankruptcy may be an option. Today I want to talk about Chapter 7 bankruptcy which you can only do every eight years. This is where you generally discharge unsecured debt (certain loans, credit cards, medical bills etc.) meaning you don’t have to pay them. For secured debt (mortgages, car loans, etc.), you have to remain current in them under a Chapter 7 or at least have an agreement in writing with your lender. If you do not, you may have to surrender those items. IT DOES NOT MEAN YOU AUTOMATICALLY LOSE YOUR HOME. There are many ways around this including filing under different chapters. What is of paramount importance is that you seek the help of a bankruptcy attorney as soon as you can as you have to qualify for Chapter 7 based on income. Do NOT trust lay persons, attorneys who do not do bankruptcy (this is an area of law not common to most lawyers), or in a lot of cases......... credit counseling services. There are many fraudulent entities out there that prey on the financially vulnerable. Stay frosty, but there is a fresh start for those who qualify.

12/31/2025

https://www.reuters.com/business/us-home-prices-rise-by-least-since-2012-october-government-data-shows-2025-12-30/

It's a sign of improving affordability in the long-struggling housing market.

12/12/2025

https://themortgagepoint.com/2025/12/11/u-s-housing-markets-projected-to-steady-in-2026/

With affordability still topping the list of priorities for homebuyers, Realtor.com research reports that buyers still prefer value hubs such as those found in the Northeast and Midwest.

12/04/2025

LAWYER TIP OF THE DAY. If you are buying a piece of property, you will need to ensure the property has access to a public road. This access can either be direct with the road touching the property, or through an easement. If there is an easement, you need ensure that it is “perpetual and runs with the land.” An easement that does not contain that language or some semblance of it could render the easement a personal easement which means it does not transfer to you when you get the property and is terminated. You may be able to obtain an easement by necessity or a prescriptive easement, but both of these are really difficult to obtain, may be impossible to obtain and will generally only be obtained through expensive court litigation.

11/14/2025

Reposting because this is still an active issue.

Lawyer Tip of The Day. Many times homeowners find themselves in a situation where they need a mortgage deferment. This was quite prevalent during the COVID time period. Likewise many homebuyers when purchasing their home, qualify and receive down payment assistance. Sometimes these programs will need to be repaid as they will constitute a lien on the property. When listing a home for sale, it is of paramount importance that agents inquire diligently of their sellers concerning these programs and/or whether they received a mortgage deferment. This could affect the sellers’ payoff and net proceeds as this will have to be paid off at the time of closing. It will affect your sellers’ bottom line and may even result in your seller having to pay to sell their home if not addressed in the sales price. It is important that these sometimes awkward questions be asked on the front end of the listing process.

10/23/2025

LAWYER TIP OF THE DAY: Most of my tips are based on real life conversations and this is one I just happened to hear over and over, by lay persons, lawyers, and even judges. “The bank will work with you on a foreclosures. They don’t really want your house.” This statement is neither true nor false. It is inaccurate though in its context. A vast majority ( literally more than 95%) of all loans on residential homes are actually backed by some form of a guarantee. This includes entities such as USDA, FNMA, FHA/HUD, VA etc. etc. Those guarantees help support the mortgage industry as a whole which includes both lenders and borrowers. They also come with certain caveats. These caveats require lenders to take action to move toward foreclosure on delinquent homes. They are not related to the condition of the home, the status of the borrower, or any personal issues the borrower may be suffering. In other words, the lender has to foreclose in order to honor their contractual obligations. Now there are programs that can help borrowers, and if you find yourself behind, do not wait to ask for them from your lender. You need to treat those programs as a job and aggressively work to make sure everything you are required to do you do. DO THIS IMMEDIATELY UPON FINDING YOURSELF BEHIND. DO NOT WAIT. Too many times, I see people trying to do this when they are several months delinquent.

10/22/2025

LAWYER TIP OF THE DAY: I have seen this scenario multiple times recently both in my practice, and on social media. The scenario has the following facts:

1. One spouse is awarded the house in a divorce.
2. One spouse is ordered to pay the mortgage whether under a permanent order or under a temporary order.
3. House note does not get paid.
4. Bank starts foreclosure.

It is important to know that a mortgage company is not part of the divorce proceedings. They are not a defendant, plaintiff or any type of party to a divorce agreement and are not bound to that agreement. If you find yourself in this situation, first make sure all payments are being made. Second, the absolute first instance one is not paid, call your divorce attorney immediately. As attorney for mortgage companies I hear unfortunately too many times “my husband / wife was supposed to pay that.” A mortgage company has a note and mortgage / deed of trust on your property and this trumps all divorce agreements. Stay vigilant