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,...
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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...
Here is why you need an attorney when closing on real estate in Pennsylvania
Closing is the final step in a real estate transaction. This is the stage where the buyer obtains the property’s title from the seller. It is also the stage where the seller obtains payment for the property. Being a critical step, you need to have an attorney...
Should you delay the closing over new damage to the property?
The price that you offered for your new home likely came from your understanding of the property's value after looking it over closely. You likely looked at the home and reviewed the seller's disclosure to decide what an appropriate price for the property was....
6 tips to speed the closing process of real estate investments
Those who invest in Pittsburgh real estate often wish that the closing process could be more efficient. For example, speeding up this process is a goal shared by many investors. Some things must occur according to specific procedures when closing, but it may be...
A Little Fraud Goes a Long Way, But You Can Stop It
By Bradley S. Dornish, Esq. In just over a month, I have seen three Pittsburgh Real Estate Lawyers lose their careers, reputations, huge sums of money, and soon, their freedom, over mortgage fraud. I knew and dealt with each of them. They all had good educations,...