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While many people in the market for a new home would never consider even looking at one that’s for sale “as-is.” (There are fewer of these on the market than in the past because home-buying or house-flipping businesses are willing to buy them.) Some sellers, however,...
A title is an integral part of any real estate transaction. It serves to verify the legal owner of a property and gives them the right to do as they please with it. Therefore, any unresolved issues surrounding a property's title can cast doubt about who legally owns...
In any property purchase, one of the most important aspects of your lawyer’s work for you is the title search. The title search reviews the entire purchase, sale and debt history of a piece of property and offers you an in-depth view of what is available and any...
Anyone who has built a home or opened a business understands the intricate issues of zoning. Every municipality has its priorities in zoning and can serve as a challenge to developers wishing to expand. A newly proposed law may make building housing much less...
Aspiring and existing business owners all wrestle with the question of whether they should lease or purchase commercial space. The advantages in the two options are clear: when you lease, you have a smaller upfront cash outlay than if you buy. The biggest advantage in...
Despite an ongoing public health crisis and the economic challenges posed by the pandemic, there continues to be a housing boom. Experts attribute this to a combination of historic low mortgage rates, heavy demand and a limited inventory of houses and condominiums....
Taking the first steps to get a mortgage on a home would have been an exciting process. During this time, you'll likely have been feeling optimistic regarding what the future held for you and your family. However, a mortgage is a huge responsibility, since you'll need...
Data published by the Community Associations Institute in 2017 showed that nearly 70 million Americans lived within a community governed by cooperative, condo or homeowners associations. Another study published in 2015 by the Coalition for Community Housing Policy in...
Some parts of buying a house make more sense than others. Looking at the property and then having someone else inspect and appraise it helps ensure that you pay a reasonable price and know the condition of the property you intend to purchase. A title search, on the...
Are you considering buying property? Sometimes, last-minute hitches can occur, which prevent you from buying a property. Or you discover something that means you no longer want to buy it. Creating adequate contingency clauses protects you from being tied into a...
