Harp Adagios Over Two Hours Of The

I read once that if you took all the real estate lawyers in Illinois and laid them end to end along the equator – it would be a good idea to leave them there. That’s what I read. What do you suppose that means?

I have written before with regards to the need to exercise due diligence when purchasing mercantile real estate. The need to investigate, before Closing, each significant aspect of the property you are acquiring. The importance of assessing each mercantile real estate dealing with a mindset that once the Closing occurs, there is no going back. The Seller has your cash and is gone. If post-Closing difficultnesses arise, Seller’s contract representations and warranties will, at best, mean pricey litigation. CAVEAT EMPTOR! “Let the buyer beware!”

Paying extra attention at the beginning of a mercantile real estate dealing to “get it right” may save tens of thousands of dollars when the deal goes bad. It’s like the old Fram® oil filter slogan for the duration of the 1970′s: “You may remunerate me now – or compensate me later”. In mercantile real estate, however, “later” may be too late.

Buying mercantile real estate is NOT like buying a home. It is not. It is not. It is NOT.

In Illinois, and a great deal of other states, nearly each residential real estate closing requires a lawyer for the buyer and a lawyer for the seller. This is in all likelihood smart. It is good buyer protection.

The “problem” this causes, however, is that each lawyer handling residential real estate dealings considers himself or herself a “real estate lawyer”, capable of handling any real estate dealing that may arise.

We learned in law school that there are only two kinds of property: real estate and personal property. Therefore – we intuit – if we are capable to handle a residential real estate closing, we ought to be competent to handle a mercantile real estate closing. They are each “real estate”, right?

ANSWER: Yes, they are each real estate. No, they are not the same.

The legal issues and risks in a mercantile real estate dealing are in an outstanding manner dissimilar from the legal issues and risks in a residential real estate transaction. Most are not even remotely similar. Attorneys concentrating their exercise handling residential real estate closings do not face the same issues as attorneys concentrating their exercise in mercantile real estate.

It is a matter of experience. You either recognise the issues and risks inherent in mercantile real estate dealings – and know how to deal with them – or you don’t.

A key point to do not forget is that the myriad buyer shelter laws that protect residential home buyers have no application to – and provide no shelter for – buyers of mercantile real estate.

Competent mercantile real estate exercise requires focalized and concentrated investigation of all issues material to the dealing by someone who knows what they are looking for. In short, it requires the exercise of “due diligence”.

I confess – the exercise of due diligence is not cheap, but the failure to exercise due diligence may fabricate a financial disaster for the mercantile real estate investor. Don’t be “penny wise and pound foolish”.

If you are buying a home, hire an attorney who regularly represents home buyers. If you are buying mercantile real estate, hire an attorney who steadily represents mercantile real estate buyers.

Years ago I stopped handling residential real estate transactions. As an active mercantile real estate attorney, even I hire residential real estate counsel for my own home purchases. I do that because residential real estate exercise is fundamentally dissimilar from mercantile real estate.

Maybe I do “harp” on the need for competent counsel experienced in mercantile real estate transactions. I veritably believe it. I believe it is essential. I believe if you are going to invest in mercantile real estate, you will have to implement your critical thinking achievements and be smart.

POP QUIZ: Here’s is a simple test of YOUR critical thinking skills:

Please read the following Scenarios and answer the questions TRUE or FALSE:

Scenario No. 1: It’s Valentine’s Day. You are in hot pursuit of the love of your life. A few weeks ago, she confided in you that all she ever dreamed of for Valentine’s Day was that her lover would show up at her door, dressed in a white tuxedo with tails and a top hat, and present her with a finelooking bouquet of flowers. You’ve rented the tuxedo, but now you are concerned with regards to how much cash you are spending.

TRUE OR FALSE: Since flowers are finelooking much all the same, it is OK for you to skip the roses and show up with a bouquet of fresh yellow dandelions.

Scenario No. 2: For assorted years you eyesight deteriorated to the point where you may hardly see your alarm clock. You are now taking into account corrective eye surgery so you won’t need glasses. Your sister-in-law had corrective eye surgery and has had spectacular results. She recommends her eye surgeon, but mentions the cost is with regards to $5,700 for both eyes and that the surgery is not covered by insurance. A few years ago, you had surgery to rectify your hemorrhoids and it cost you only eight hundred bucks.

TRUE OR FALSE: Since surgeons all went to medical school and are all medical doctors, you are being frugal and wise by asking the surgeon who performed your hemorrhoid surgery to carry out your corrective eye surgery.

Scenario No. 3: Several years ago, when you firstborn got married, you asked a former classmate who is a lawyer to represent you in the buy of your townhome. The cost was only $375. A year later, you started a family and decisive you necessitated a Will. The same attorney prepared Wills for you and your wife for a total cost of $700. You started your own business and your attorney friend formed a corporation for you and charged you only $600 plus the cost of the corporate minute book. Years later, when your son was arrested for misdemeanor reckless driving, your attorney friend handled the criminal case and got your son off with supervision for only $1,500.

Your business has been successful and you have built a finelooking sizable nest egg, but you are tired of working for each dime and want to undertake laying out capital in real estate. You have your eye on a strip buying goods center. It includes a grocery store, bank, hardware store, arid cleaners (on a month to month tenancy), a couple of fast feed restaurants, a gift shop, dental office, bowling alley (with a lease when it comes to to expire), and wraps behind a gas station/mini-mart on the corner. The buy price is $8,000,000, but the net operating income looks gorgeous good. You figure if you turn the bowling alley into a full service restaurant/banquet facility, and convert the arid cleaners into a 24-hour coin laundry, the net operating income will increase and the buying goods center will turn into a spectacular investment. You plan to pull together much of your life savings and put down $2,000,000 to buy this strip buying goods center, borrowing the remainder of $6,000,000. You do not forget that your lawyer friend handled the buy of your home assorted years ago, so you know he handles real estate.

TRUE OR FALSE: Commercial real estate is the same as residential real estate [Hey, it is all dirt, isn't it (?)], so you are being a shrewd businessman by hiring your lawyer friend who will charge much less than a lawyer who handles buying goods center purchases assorted time a year. [What is this "due diligence" stuff anyway?]

ANSWERS:

If you answered “TRUE” for any of the foregoing Scenarios

STOP!

The Quiz is over.

Please find a rather place to reflect upon your life and consider whether the conclusions you make systematically give you the results you desire.

If, on the other hand, you grasp that the answer to each of the foregoing questions is FALSE, I am available to help you in Scenario No. 3.

For Scenario No. 2, you ought to follow your sister-in-law’s suggestion and contact her eye surgeon, or a lot of other eye surgeon with equivalent skill.

For Scenario No. 1, you are on your own. [But, if you answered TRUE for Scenario No. 1, you may be FOREVER on you own.]

Investing in mercantile real estate may be profitable and rewarding – but it requires good critical thinking accomplishments and competent counsel.

You have a have a brain. It is strongly commended that you use it.

Harp Adagios Over Two Hours Of The 2

We have long underestimated the person who has dementia. Each one’s capacity to reach out in intimate ways surely diminishes yet he or she is always capable to experience the deep gains that come from being in critical kinship with others. Inside Alzheimer’s tells how dozens of persons with dementia and their sharing of wisdom, humor and life’s teachings led Ms. Pearce to the six basic principles of connection–how one person connects with another: Intend a connection, Free yourself of judgment, Love, Open to receive love, Silence and Thankfulness. Internalizing these principles has empowered hundreds of family, friends, and pros to develop moments of connection with persons, irrespective of how modern the dementia, and to co-create a more supportive community of care.
Inside Alzheimer s was revised to address the dramatic need to simultaneously provide a compassionate community of care for the one person who does not have any time or energy left to even pick up a book the oftentimes apart and overwhelmed 24/7 caregiver. This revised edition includes two 7-page, ready-reference articles that give selective information accumulated from hundreds of once-overwhelmed 24/7 care people who wanted to give concrete, helpful messages to overwhelmed (or soon-to-be) 24/7 care humans and to persons in the community who are concerned in regards to them. It also includes a foreword written by widely known and esteemed physician Dr. Allen Power (author of Dementia Beyond Drugs), expanded resources including new subdivisions such as Excellent Free Resources and Building a Supportive Community of Care, Cut and Post Cards, and a great deal of new exercises to heighten reader understanding and energize the spirit.

“…Inside Alzheimer’s is a practical, conversational guide for those new to the disease, as well as counsel and proficiencies for seasoned professionals…[This book] helps families and caregivers better perceive humans with Alzheimer’s through love, acceptance and communication.” –ForeWord Magazine

Nancy Pearce makes being with humans with dementia seem natural as she helps each one carry on to participate in life as completely as possible…This is a ought to read for all who work or spend time with people with dementia –Virginia Bell, MSW, coauthor of The Best Friends Approach to Alzheimer’s Care

About the AuthorNancy Pearce, MS, LISW, is a medical social worker with over 20 years of experience in working in long-term healthcare and hospice settings. She received an MS in Education in 1972 from Syracuse University and a Master’s in Social Work from the University of CT in 1988. In her practice, she integrates her education exploration foundations with understanding from both her work experience and studies in spiritual and religious wisdom traditions. Ms. Pearce specializes in working with persons who have dementia and teaches families, friends and professionals, both nationally and internationally, how to commune and connect efficaciously with persons who have dementia.

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Most helpful customer reviews

36 of 37 people found the following review helpful.
Must Read for Everyone Exposed to People with Dementia
By S. Supena
Ms. Pearch touched my soul with her book. I stumbled onto it via Amazon. Once it arrived I quickly read through it. I started practicing the IF LOST concepts right away & can honestly say I have had better connections IMMEDIATELY with my mother. I’ve since purchased extra copies of the book for family members & have recommended it to several coworkers who are also dealing with ailing parents.
My mother was officially diagnosed 6 years ago – but we knew (she knew) something was going wrong much longer than that. She was 65 at the time. Since then I’ve read many books on this topic. Several have been helpful -but none have hit home as much as Inside Alzheimer’s. Typically I have a hard time finishing books on this topic because the situation is so depressing. Right in the beginning of the book, Nancy recommends reading it at your own pace. She clearly knows the subject is a difficult one.

I highly recommend this book for ALL health-care personnel or family members of those with dementia. I will be handing out copies to all mom’s caregivers, including her geriatric psychiatrist. I just gave a copy to my father & I know he’ll have a much better understanding of how to reach mom once he finishes it.
Thank you to Ms. Pearce for taking the time to share her vast experiences with those of us going through this one by one. The caring & compassion she has demonstrated in her life will surely take her straight to heaven. No doubt an angel sent to guide those of us who are struggling to make a positive difference for our loved one’s with this horrible disease!

21 of 21 people found the following review helpful.
Highly recommended as guideline, aid, comfort, and inspiration.
By Midwest Book Review
Written by medical social worker Nancy Pearce, Inside Alzheimer’s: How to Hear and Honor Connections With A Person Who Has Dementia is an uplifting guide for anyone whose friends or loved ones suffer from various stages of dementia. Relationship and connection are still possible, and highly beneficial, with patients who are afflicted with dementia; Inside Alzheimer’s covers the six basic principles of forming a dynamic: freeing oneself from judgment, love, openness to receive love, silence, and thankfulness. “I would much rather err on the side of assuming that the person with dementia can participate in his decisions about end-of-life care, rather than assuming he can’t. It happens more than one would expect that during an open discussion, the person with dementia pops into a particular moment of clarity and clearly provides input.” Highly recommended as guideline, aid, comfort, and inspiration.

16 of 16 people found the following review helpful.
Clear, comforting and confidence inspiring
By Joannetta
This book provides a very clear, comforting and confidence inspiring way for family and friends to spend time with a person with Alzheimer’s. I really appreciated how the author was able to explain the meaning of the world to someone who has Alzheimer’s so that I could spend all of my time responding from that context. This allows me to avoid responses that while normal and seemingly logical to me would make no sense to the person with Alzheimer’s. The explanations and coaching language are very effective. It was easy for me to grasp and imagine the world of the person with Alzheimer’s. By almost being able to walk in their “mocassins” I am able to focus entirely on learning how to get better at it – and therefore be a better friend and companion. Inside Alzheimer’s: How to Hear and Honor Connections with a Person who has Dementia

See all 7 customer reviews…