Category Archives: Real Estate
Beware of These Real Estate Contracts
You may have heard of the term caveat emptor, which means “buyer beware.” This is important for buyers and sellers in the current housing market. More and more buyers are being asked to sign contracts linking them to the real estate agents helping them find a house. Most of these contracts are so one-sided… Read More »
The Effect of a Lis Pendens
When it comes time to move, many people think they can sell their home on their own. It’s so easy, right? Not necessarily. If a person doesn’t know what to expect when selling their home, they can experience a lot of headaches. For example, one thing that the average homeowner does not know about… Read More »
Understanding Rent-to-Own Contracts
Home ownership has been unattainable for many people in recent years. COVID caused many homes to sell for tens of thousands of dollars above asking price. While the market has cooled down since then, interest rates are still sky high. Some are disheartened by the current real estate situation, with 20% of those looking… Read More »
“Everything Else” is Important in a Real Estate Contract
When it comes to buying a house, you may be so focused on one area that you forget all the other details. You may be so excited to get a house with a pool that you overlook areas of concern. For example, do you know who will pay for the repairs? Do you know… Read More »
I’m Selling My Home. Can I Back Out of My Contract?
Selling a home is not a decision to be taken lightly. You may have lived in your home for many years or even decades. Your children might have grown up in the home. You may think you’re ready to leave the familiarity of your home for something newer and more exciting in a different… Read More »
Does Your Home Have These Issues? Avoid Signing a Contract
The housing market was hot after COVID hit, with homebuyers making offers tens of thousands of dollars above the asking price just to secure the home of their dreams. Things have cooled down since then, but those who need to buy a home right away may be taking what they can afford. This can… Read More »
Common Causes of Real Estate Litigation
Buying a house or investing in real estate can be a lucrative and rewarding opportunity. However, there are a lot of risks involved. Real estate can cost six or seven figures (or more), so there’s a lot of money at stake. With so much money involved, this can lead to unethical activities. This can… Read More »
What To Avoid In A Real Estate Contract
Buying a house can be an exciting venture. However, a house is likely the most expensive thing you will ever own, so you need to be vigilant about what you’re paying for and what your contract says. If not, you could lose a lot of money in the process. Real estate agents will often… Read More »
Canceling A Real Estate Contract
For the past few years, the real estate market has been out of control. Buyers have been snapping up houses for tens or even hundreds of thousands of dollars over the asking prices. However, the market has been cooling down in recent months. Interest rates are going up and with huge layoffs happening almost… Read More »
Types Of Real Estate Contracts
Selling something you own can be difficult. Selling real estate can be even more complicated. Homes, land, and other types of real estate require contracts, and these legal documents are not always easy to understand. There are terms and legalese that can leave you scratching your head. However, these contracts affect both parties, so… Read More »