When you first start a business, choosing its structure will be one of the biggest decisions. The kind of business you intend to operate and the way you finance the company will likely influence the structure that you initially choose. Many businesses will remain the...
Month: December 2021
Can you back out of a residential transaction after an accepted offer?
You made an offer on a property, and the seller accepted. At first, you may have felt excited because the home met all of your personal criteria or was in the right school district. However, as you have gotten closer to closing, your situation has changed. Maybe your...
2 potential benefits of creating a nonprofit corporation
Many people scoff at the idea of starting a business whose ultimate goal is not profit but social good. Nonprofit corporations have bylaws that mandate that they use any revenue they generate for specific purposes. Some nonprofit organizations provide support to...
Why do buyers need title insurance on their new homes?
There are quite a few secondary expenses you have to cover when you buy a house. You have to pay for inspection and possibly an appraisal. You have to pay for the real estate professionals that oversee the transaction and the title services at closing. You will also...