It’s not unusual for parents to leave their homes to their adult children in equal shares – but that attempt to keep everything fair can actually have very unfair results when the siblings cannot agree on what to do with the property. This is where a partition action...
The Experience You Need
Real Estate Law
Be careful about falling in love with a house
When some people are shopping for a house, they essentially view it like dating. They’re looking for a house that they love. Maybe they have a certain aesthetic style in mind, such as preferring Tudor homes or brick houses. Maybe they’re looking for amenities, like a...
What’s the role of a good faith deposit when buying a home?
Home purchasing is one of a person’s most significant financial decisions. It involves a multitude of steps and considerations, one of which is the good faith deposit. A good faith deposit, also known as an earnest money deposit, is a sum of money that a homebuyer...
What do inspectors look for when evaluating a home?
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...
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...