If you’ve been in the real estate investment game for a while, you probably know that foreclosed properties tend to come with attractive deals. After all, foreclosure sales are distress sales. But foreclosure homes also come with a number of drawbacks; and one of...
You could go out today and purchase a home, but, in all likelihood, it wouldn’t be your dream home. That’s why many people spend months and years picking the perfect home. While all that effort may come to fruition and you found your dream home, there could be a major...
You have worked hard, shopped around and found the perfect home for you and your family. And the best part is, it is within your budget range. Buying a home is a big deal. Unlike any other purchase, you are investing in a sanctuary for you and the people you love...
Buying real estate is not a risk-free process. If you want to be competitive with other potential buyers, you need to make a competitive offer and prove to the seller that you mean business. Standing out can be hard to do. Offering a significant amount of earnest...
Maybe your neighbor wants to pave their driveway, and you believe that the markers they put down are on your side of the property. Perhaps your old neighbor just sold their property, and the new owners think that the boundary is in a different location than what you...
Inspecting a property when buying a house can be both exciting and overwhelming. You might get so focused on cosmetic details, like a high-end kitchen counter, that you overlook minor warning signs of significant defects. Typically, you can count on your real estate...
You have a property that you'd like to lease out. It's a commercial property, and it has many rooms and areas that would be great for offices, small businesses and other kinds of arrangements. You seek a tenant or tenants who are good for business. You want to make...
Mechanic's liens provide contractors and subcontractors with a means of collecting payment for construction work and supplies. The lien allows you to eventually take possession of property upon which you completed work for which you were not paid. In order to use this...
Stanzer Knox refinanced his home in 2006 with a 30-year $185,000 mortgage - or so he thought. Mr. Knox soon discovered that he had agreed to pay the mortgage on his Minnesota home within the 30-year period, but he had 40 years' worth of payments to make. At the...
You may have heard of the phrase caveat emptor - let the buyer beware. In the context of American real estate law, this means that the burden is upon the buyer of real property to ensure it is free of defects before agreeing to purchase it. This concept finds its...
