Category: Real Estate

It is no secret that filing for bankruptcy can harm your credit. However, compared to simply letting your accounts go past due for months on end, bankruptcy may actually be better for your credit over the long term because there are no repeated “dings” on your credit score. Getting the bankruptcy finished allows...

According to the Wall Street Journal, two U.S. senators have called for an investigation into any existing weaknesses within the current U.S. money-laundering provisions.  Some senators believe that the risk of money laundering in residential real estate is high due to the real estate sector having significantly less oversight than the lending sector. That is...

It is important to know the differences between a residential and commercial lease because both are treated differently under the law. The distinctions will set out certain rights and obligations for both parties involved in the contract. What is a Residential Lease Agreement? A residential lease is most often between a landlord and an individual tenant...

If you have ever bought a home or even considered buying a home, you have probably heard of title searches and title insurance. You may not, however, be aware of why title searches are conducted and why title insurance even exists. Title refers to your ownership rights in the property. That is...

Disputes with neighbors can range widely, from loud parties, to poor upkeep, to boundary encroachments. If you are like most property owners, you take great pride in your land, and you do not want anyone to use property that is rightfully yours. When neighbors start taking down shrubs, planting trees, or putting up fences...

Residential real estate transactions typically involve the signing of a contract between a prospective buyer and owner. In most cases, both parties follow through with their contractual commitments. However, sellers of real estate sometimes attempt to cancel the contract—a situation that forces the buyer to either accept the default or...

Residential real estate sales can be overwhelming and confusing. Thankfully, the  process is similar for every transaction. This means t you can prepare long before you find the right home, here’s how. The Listing Agreement If you are selling your home, you will start with creating a listing agreement. This agreement sets the asking s price,...

  It can be very exciting for a business owner to finally find office space that will work for his or her business. Do not let this excitement prevent you from taking the time upfront to make sure the office space and the lease agreement associated with the office space will be right for...

Buying a home typically involves entering into an agreement with the seller and most real estate contracts contain standard terms. However, it is essential to consult with an experienced real estate attorney who can review the contract. Let's take a look at some of the key terms in a real estate contract. Obviously,...

There are number of considerations for business owners involved in negotiating a commercial lease, not the least of which is the fact that the main objective of landlords is to maximize profits. By understanding the following fundamental concepts, it is possible to make a good deal. Market Conditions First, understanding the market conditions...

Buying a home is the single largest investment that many individuals will make which makes it essential for potential homeowners to protect their interests. In particular, it is crucial to ensure that the seller can transfer free and clear ownership of the property by obtaining title insurance. In short, title insurance protects both...

Buying a home can be an exciting experience, but the process can be complicated. While some homebuyers may think hiring an attorney will be too expensive, not having proper legal representation can be even more costly. Although real estate agents typically bring buyers and sellers together, a highly skilled attorney can perform critical...