Since many foreclosed homes may decline further in value, it’s important that buyer’s approach the transaction from a long-term perspective. You...
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As you consider potential mortgage financing options, a comparison of average
closing cost may influence your decision. Average closing cost rank se...
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In a Seller’s perfect real estate world, the signing of the purchase agreement would be the end of negotiation and the end of Seller’s...
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Dual agency occurs when a real estate agent is representing both
buyer and seller in the same transaction. Since the agent has promised
a duty of co...
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The Fair Housing Act, as amended in 1988, prohibits housing discrimination on
the basis of race, color, religion, sex, disability, familial status, ...
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The following are real estate legal questions and answers.
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Role of the Real Estate Broker
Frequently, the first person you consult about buying a home is
a real estate agent or broker. Althoug...
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A professional home inspection can vary among localities, but,
generally, the aim is to discover any problems with the home that might
not be readil...
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Buying a home is both an exciting and exhausting process
that millions of Americans aspire to on a daily basis. Although the process of purchasing ...
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Homeowner Liability and Invitees
Homeowners
do have a certain amount of liability for any injury that is suffered
on their property, but this liabi...
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Get the basics on Homeowners Insurance and the Importance of doing a
home inventory. Before finalizing a mortgage loan, lenders require
homebuyers t...
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Escrow is one of those words that can intimidate some people. They
think it sounds mysterious and complicated, so they don’t try to
understand i...
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In the modern housing and real estate market, homeowners face an uphill battle in recovering the appraisal value of their home prior to the financial ...
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Owners of residential and commercial property must be careful in preparing and signing leases with tenants...
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The economy currently affords many opportunities for individuals to make money on foreclosed properties. As the housing crisis continues, thousands ...
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Housing
prices are down, the economy is in recession, and according to a many in the
real estate industry, home sales ran into another snag earlier ...
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Common ways to take title to California residential property: Advantages and Limitations
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Defects discovered on resale properties after the
transaction closes are the responsibility of the new homeowner unless there has
been fraud or mate...
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Although not all lenders require that the purchaser obtain - and pay
for - a property survey or real estate survey, it is definitely
recommended tha...
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Purchasing a home is a major event in one’s life with a great deal of both financial and emotional consequences. For most people...
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Are you involved in a real estate transaction and would like to
fully understand the Real Estate Agent and Broker’s roles? Frequently,
the first p...
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Definition of real estate: land and anything growing on, attached
to, or erected on it, excluding anything that may be severed without
injury to the...
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Real estate transaction law overview helps the consumer fully understand federal and state statues enacted to protect the public from harmful business...
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After Congress enacted the Real Estate Settlement Procedures Act
(RESPA) several years ago, the Department of Housing and Urban
Development (HUD) pr...
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Real Estate Lawyers.com provides a nationwide
listing of real estate lawyers, mortgage brokers and real estate agents to
represent you in your com...
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So, you think you know everything there is to know about the
legal description of your property.
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