Somach to Present Sheriff Sales Program to CREW of Lehigh Valley
The myriad of local rules and practices associated with sheriff’s sales and real estate tax sales often lead to errors in the sale, according to one Allentown, Pa., attorney who wants to help Realtors and other real estate professionals get a better handle on the complexities of these transactions.
Richard Somach, a member of Tallman Hudders & Sorrentino, the Pennsylvania office of Norris McLaughlin & Marcus, will present “Everything You Wanted to Know About Sheriff Sales and Tax Sales But Were Afraid to Ask” at a lunch-and-learn session for the Commercial Real Estate Women of the Lehigh Valley on Nov. 3.
“My presentation will explain what happens at each of these sales and how to avoid common errors if you are involved in a sale,” said Somach. “I also look forward to answering questions and to clarifying popular misconceptions about buying properties at these sales.”
The event, which begins at noon, will be held at the office of Tallman Hudders & Sorrentino in Allentown. The fee, which includes lunch, is $10 for members and $15 for nonmembers.
In the banking area, Somach assists clients with their transactional, litigation and operational needs, and has extensive experience handling collections, foreclosures and complex commercial workouts.
He has represented real estate owners, developers and investors in a broad range of real estate transactions, including zoning matters, residential subdivisions and shopping center development.
As a licensed title insurance agent, Somach manages ABE Settlement Services, a title insurance and settlement company, to creatively serve client needs. He currently serves as legal counsel to the Lehigh Valley Association of Realtors.
Members of the CREW network represent all disciplines within the industry and are located in every major market across North America. Members comprise more than 8,000 commercial real estate professionals in 71 chapters.
CREW Lehigh Valley developed an early alliance with Lehigh University’s Institute of Real Estate Studies, an overlay program for undergraduates in business, architecture, engineering and other related fields.