A home is a good investment for people who wish to settle down and plant their roots. The home-buying process, however, isn’t as easy as it looks. Many people have to circulate through many homes before they find the one that suits them best. Before someone settles...
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Real Estate Law
What is a mortgage contingency and do you need one?
If you are buying or selling a home, there are several ways to safeguard your interests. One protective element is a mortgage contingency clause. However, is this one necessary with so many contracts and documents needed for selling and buying a home? Learn more...
Why not send your good-faith deposit directly to the seller?
In real estate transactions, the purchase decision is often accompanied by a substantial good-faith deposit. Traditionally, this deposit has been sent directly to the seller, demonstrating the buyer’s commitment to the purchase. However, depositing the funds into an...
Potential problems that may appear during a title search
Real estate transactions can be financially and legally taxing. One of the most crucial steps during a real estate transaction is the title search. Basically, this is the process of reviewing the public records to ensure that the property is clean and that the seller...
What is escrow in a real estate closing
Real estate has its own jargon, and you're probably hearing a lot of new terms is this is your first time buying a house. One term you will likely hear about is "escrow." What does it mean? Buying a house can be broken down into a few key steps Escrow means you put...
Tips for buying a FSBO home
Even though the market has cooled a little bit since 2022, there’s no question that real estate deals are still moving pretty fast, especially in highly desirable areas. That’s prompting some homeowners to forgo hiring a listing agent and simply list their properties...
What’s a rent-back agreement?
Moving – whether you’re upsizing, downsizing or just relocating – can really be a hassle, and a lot of unexpected delays can happen, particularly if you’re buying and selling at the same time. That’s why many homeowners are asking for rent-back agreements in their...
Signs of water damage in your new home
If you’re looking at new homes and considering making a purchase, you need to make sure that that house is in great condition. Water damage is a significant indicator of problems within the home. It means that there could be an issue that is causing a leak, such as a...
How can you keep your new home purchase private?
You might think that only celebrities want to keep their address private when they buy a new place. However, if you live in an area that entertainment, sports and other celebrities call home, you probably regularly see news of their latest home purchases. Real estate...
What you should know before buying a home “as-is”
If you or your spouse is a do-it-yourselfer, you may not be put off by ads for “unique fixer-upper opportunities” when you’re looking for a home. However, when you see a home advertised for sale “as-is,” it’s crucial to know what you’re getting into. Not all “as-is”...