Your Home and the Law

Tip Of The Day

Did you know that home equity can be used to borrow money to pay for major expenses? Read More...

Problems When Purchasing Residentia...

The purchase of residential real estate usually involves three parties: the buyer, the seller, and the lender. This can make things complex. Plus, the law tha.... Read more

Buying and Selling Commercial Real ...

Commercial real estate transactions are typically more complex than residential transactions. Usually, they involve large sums of money and increased liabilit.... Read more

Do You Need a Residential Real Esta...

You aren't required to use a residential real estate broker when buying, selling, or leasing a home. The decision to use a broker is a personal one that usual.... Read more

Residential Real Estate - Buy / Sell

Building a New Home

Building a new home has many benefits over buying an existing one. However, the process of having your home built can be very time-consuming. You'll also face many legal issues along the way that most home buyers don't have to deal with when purchasing a home that's already built. First, Purchase the Land You can't start construction until you find and purchase the land. When... Read More

Landlord and Tenant Law

Evicting a Problem Tenant

Your ability to evict a tenant who's causing you a problem depends on the nature of the problem and whether you have a lease.If you have a lease and your tenant is just a mild annoyance, you're probably stuck with that person until the lease expires. However, if your tenant isn't paying rent or is causing damage to your property, you have options. You Can't Just Change the Locks ... Read More

Homeowners' Association

Homeowners Associations

Homeowners associations (HOA) are common in some single-family housing developments, as well as condominium and townhouse complexes. An HOA is the governing body of the development or complex. Membership Is Mandatory When you buy a property governed by a homeowners association, you automatically become a member of the association. You don't have the choice of not joining. The... Read More

Residential Real Estate - Own / Keep

Home Equity Loans

Roughly speaking, your home equity is the amount your home is worth minus the amount you still owe on your mortgage. Because equity in your home belongs to you, and not the bank that holds the mortgage on your home, you can use it as security to borrow additional money. Home equity loans are often used to pay for major expenses like home repairs, medical bills and college education. ... Read More

Lawyers, Brokers and Resources

Do You Need a Residential Real Estate Lawyer?

Congratulations! You've found the home of your dreams. You might think it's unnecessary to hire a lawyer to sit with you at the closing table when you buy a home. Most states don't require that you use one. Closing is the last step in the process, so why spend the extra money? The fact is, for most people buying a house is the largest purchase they will ever make. When you are si... Read More

Commercial Real Estate

Ending a Commercial Real Estate Deal

A commercial real estate deal is much like a residential property deal. Both involve contracts between the buyer and the seller or, if the deal is a lease, between the landlord and renter. If either party decides to end the deal, the terms of the contract will spell out how this can happen. At times, it is possible to negotiate a mutually acceptable alternative way to end the deal. ... Read More

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