The real estate agent you hired talked a good game. However, their performance has been sorely lacking. Maybe they don’t communicate very well, or maybe their ego is so big they just won’t listen to your needs and concerns. Maybe they’re simply unfamiliar with the...
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Real Estate Practice
Are we in another real estate bubble?
It was not that long ago that the US was in a real estate bubble. Housing prices soared, and it was easy for people to get mortgages, so they bought homes at inflated values. When the bubble popped, the value of those homes dropped below what was owed, and a lot of...
Common disputes between buyer and seller in a real estate sale
Given that real estate transactions often involve a lot of money, disputes are commonplace. In some instances, these problems can make the deal fall through, but with determination, the parties may amicably resolve these problems and conclude the transaction despite...
Why do some buyers prefer HOAs?
If you’re looking to invest in property or create a community development, you may consider a Homeowner’s Association. Commonly called an HOA, this is an organization that sets and enforces rules for the community that other homeowners would never have to follow. They...
Why are there 2 title insurance fees on your closing documents?
Trying to make sense of the settlement statement for your real estate closing is not easy. There are numerous charges, many of which look similar. Generally, the buyer for the real estate transaction will have to cover the costs associated with the closing. When they...
Real estate investments and litigation
When it comes to investments, real estate is often seen as a safe bet. As opposed to stocks and other types of investments, many people view real estate as a smart investment that is sure to pay off over time. However, our law firm knows that there are many reasons...
What things are sellers expected to leave in the home for the new owners?
You found the home of your dreams (or at least a great one that was in your price range). The owners clearly put a lot of thought – and money -- into the décor, which was a big selling point because decorating isn’t really your thing. Then after your offer is...
Many investors miss opportunities to reduce their closing costs
Real estate investors earn their income by buying, selling or developing property. Many investors approach the closing process with speed in mind. They accept the terms of the deal without resistance to close quickly and move on to the next investment. Unfortunately,...
Is that house listed as a short sale really a good deal?
Property rates are skyrocketing all over the nation -- and there are more people hunting for homes than there are homes up for sale. So, how can you find a property at a reasonable price? One option that you might be considering is the purchase of a “short sale.”...
Red flags for investors that can hold up a closing
If you are investing in real estate properties, it is essential that your closings go off without a hitch. Otherwise, your funds could wind up tied up for weeks or even months. That could mean that you miss out on other lucrative real estate purchases. While many...