Category Archives: Real Estate
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 »
More And More Potential Home Buyers Backing Out Of Contracts
The real estate market has been red hot for the past two years. Property prices have been going through the roof. Buyers are paying tens or even hundreds of thousands over asking price — in cash. But those days may be over. The stock market has been volatile, inflation has gone through the roof,… Read More »
What Is Wrongful Foreclosure?
When we think of foreclosure, we often think of irresponsible homeowners who didn’t pay their mortgages on time. However, this is not always the case. In some cases, the bank or mortgage lender will start an illegal foreclosure action against the homeowner for no real reason. The homeowner may think that they have made… Read More »
How to Deal With Angry Tenants
Being a landlord is not an easy job. Sure, you receive a monthly income on your rental (if your tenants pay on time), but disagreements are common in the real estate industry. Tenants may be messy or unreasonable. They may expect their landlord to fix an issue right away. Some delay rent payments or… Read More »
Dealing With Commercial Real Estate Issues During Pandemic
Owning a business is frustrating for entrepreneurs right now. Due to the coronavirus crisis, many businesses have had to shut down due to shelter in place orders. Due to the lost revenues, they don’t have the money to pay for continual expenses, such as rent. Inability to pay rent has been a major landlord/tenant… Read More »
Law Firms Negotiate With Landlords Over Leases
All businesses have been affected by the COVID-19 pandemic in some way. Some have had to be flexible with their services (such as takeout or curbside delivery) so they could continue to make money. Some have had to be flexible with their workforce (such as offering remote work). Others have had to shut down… Read More »
Ethics Concerning Privacy vs. Public Safety in Real Estate
Those who live in apartments right now have many concerns. While the ability to pay rent is a major issue since millions of people have lost their jobs, there is also the concern of what to do if a person in the building has tested positive for COVID-19. Must tenants tell their landlords if… Read More »
Common Issues During Real Estate Transactions
Those employed in the real estate field are very busy. In the United States alone, 5.96 million houses were sold in 2018. While this was a decrease from the 6.12 million homes sold the previous year, this number is still significant. In a perfect world, every real estate transaction would go smoothly. However, it… Read More »
The Coronavirus’ Impact on the Real Estate Industry
COVID-19, also known as the coronavirus, has impacted the lives of all Americans. Even people across the world have been affected by this pandemic, which has closed down schools, caused large events to be cancelled and forced workers to stay home sick without pay. The stock market saw its worst day since 2008. Fearful… Read More »
Florida Landlord Loses Lawsuit Based on Lease Language
Your English teacher in school may have taught you about the importance of proper grammar and language usage. This is true in the real world. When dealing with contracts, the language you include can make all the difference in how a case is handled. In many cases, it all comes down to proper wording…. Read More »