Category Archives: Real Estate (Commercial And Residential)
Your Home Failed Inspection. Is the Deal Dead?
You keep your home in good, working order. You maintain it regularly and repair what’s needed. So, when it’s time to sell your home, the last thing that you’re concerned about is the inspection. But then it happens—your home has problems revealed by the pre-closing inspection, or worse, your home “fails inspection.” Or, if… Read More »
Understanding and Recognizing Common Fair Housing Violations
If you own property, whether it is residential or commercial, you may be looking to sell the property, or rent or lease it out. In doing so, you are likely to try to market or promote the property. But be careful, because even if you don’t intend to discriminate, it’s easier than you may… Read More »
Handling and Identifying Municipal Liens Before Closing
When you are closing on property, your real estate attorney will conduct a title or lien search on the property. The purpose of this search is to identify any outstanding liens on the property, which could affect your ownership, ability to take title, or your ability to take title free and clear of owing… Read More »
Repair and Maintenance Provisions in Commercial Leases
When you review or sign a commercial lease, there is a lot of information to pay attention to. We tend to be drawn to rent, expenses, and anything else that comes out of our pocket on a regular basis, understandably. But one thing that too many tenants may overlook, are duties to maintain and… Read More »
Doc Stamps: Do They Have to be Paid?
When you close on a home, and you look through your closing costs, you may see something called doc stamps. It seems like an unnecessary cost—what are these, and why are you even having to pay for them? Just Another Tax Like so many taxes, doc stamps are just a tax, used by governments… Read More »
Understanding the Right to Quiet Enjoyment
It is generally understood that when we rent property, along with whatever rights are in the rent agreement itself, there is also what is known as a right of quiet enjoyment. Quiet enjoyment is a simple concept, although one that can have differing interpretations, making it something important for property owners, and those who… Read More »
Prequalification and Preapproval for Home Loans: What’s the Difference?
Let’s say you’re trying to sell a house, and your agent or attorney tells you that a potential buyer is prequalified for a loan. Great news—it looks like if you contract you won’t have to worry about the loan contingency! Or is it great news? Does your buyer need to be pre qualified or… Read More »
Land, Trees, and Property Boundaries
When we buy or own property, we are distinctly aware of the boundaries—we know where our property ends and begins, and where our neighbors’ property does the same, and we know what is on our property is ours and the same for our neighbor. But trees and foliage don’t really care about your property… Read More »
The Pros and Cons of Hard Money Lenders
You may have heard of friends or others, who get loans for real estate purchases through what are known as hard money lenders. Many speak positively about the benefits of hard money lending, but before you resort to using them, there are things that you should know about them. What is a Hard Money… Read More »
What Does a Title Search on Property Reveal?
People have contradictory feelings when it comes to title searches, when they’re buying property. Many see them as an extra expense, a nuisance, or another barrier to just buying the property that they want. Until the title search reveals something that the buyer wouldn’t have otherwise known, in which case, the buyer breathes a… Read More »
