Part of buying a property includes getting an appraisal. An appraisal will let you know how much a property is worth based on local sales prices and the general market. Whether you’re looking at a residential property, apartment complex or business complex, getting...
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Common Sense Solutions To Protect Your Business And Real Estate Interests.
Fighting back when a seller tries to keep a buyer’s earnest money
As a real estate professional, reputation and word-of-mouth referrals are everything for your business. In a situation where a buyer ends up making a bad purchasing decision or losing a substantial amount of money, they could potentially blame you. Not only could a...
Beware of real estate wire fraud schemes
Every day, the real estate industry in the United States sends and receives hundreds of thousands of dollars in wire transfers for the purchases of property. In most cases, these transfers occur routinely without any problems. But the rise in cyber crimes has drawn...
What realtors should know about securing a clear title
When you are a realtor, you want your clients to have a smooth homebuying process. You don’t want to be 48 hours from closing and find out your clients’ property doesn’t have a clean title and they can’t secure a mortgage or insurance for the property. Conducting a...
Are you closing on a home? Every document requires your attention
There’s little more exciting than buying a home. At the same time, the process is full of many twists and turns. Not to mention the fact that you could run into one challenge and complication after the next. It won’t take long for you to realize that there are many...
Why you need an attorney if you’re selling your home to a friend
You’re getting ready to put your house on the market when a friend expresses some interest in buying it. At first, they may just be engaging in wishful thinking. Then they decide they really do want to buy it –- at the price you want to sell it for. It sounds like a...
Transferring a property after death: Transfer deeds
If someone you love has passed away and willed you their home, then it may be necessary to change the home’s title. This usually happens in one of three ways. The first is by having the successor trustee prepare, record and submit the transfer deed. The second way is...
A deed in lieu of foreclosure could be the right choice for you
If you are struggling to keep up on payments on your business property, something that you may need to consider is a deed in lieu. A deed in lieu is a legal document that passes on all interest in a property from the borrower to the lender. This helps satisfy a loan...
What’s a partition lawsuit?
Quite often, real estate is jointly owned by more than one party. When those parties can’t agree on how to manage that property, that can create significant conflicts. Sometimes, the only way out of the situation is to ask a court to make some decisions through a...
If you need to complete a short sale, you need representation
Your home isn’t worth as much as you need it to be worth in order to sell it and make a profit. You know that selling it may not even cover the remaining debt on your mortgage. Rather than continuing to pay large sums for a home that has significantly decreased in...
