Before someone can move forward with a real estate transaction, he or she needs to negotiate and sign a real estate contract. This document will govern the rights and responsibilities of all parties to the agreement and will ensure that there are fewer ambiguities...
Residential Real Estate Transactions
Real estate investment: thinking big
There are many ways to invest in residential property, accessible at basically all levels. Perhaps the most familiar is traditional purchase of a single-family home using a mortgage. One could buy homes at foreclosure auction, purchase interests in loans, speculate...
Make a down payment with sweat equity
When a family begins searching for a new home, they will come across more than a few surprises. Prices are never what they seem, and houses are never as well-maintained as the pictures show. However, a creative and flexible mindset can help many potential homeowners...
5 disclosure mistakes to avoid in a real estate transaction
Whether it is your first home purchase or your fifth, real estate transactions can quickly feel overwhelming. Selling a home, however, contains an intimidating document called the “disclosure statement.” The disclosure statement has essentially become a question and...
3 Big homebuyer mistakes to avoid
House hunting can be an exciting but overwhelming process. Buying a home involves many big decisions, which means that there’s potential for many big mistakes. Whether you are in the market to purchase your first home or you haven’t bought a house in years, avoiding...
Homebuyers should look out for predatory mortgage lenders
Buying a home can be both an exciting and frightening financial decision. That’s because consumers often have several factors to consider when doing so. Those can include how long buyers plan to live there, job security, various market indicators and more. According...
How does eminent domain work?
One of the cornerstones of American society is that its citizens enjoy the protection of property from undue governmental interference. However, the state or local government can use certain circumstances to take ownership from citizens or businesses, whether they...