Just like cars, homes have titles which are documents showing proof of ownership. If you are making mortgage payments and do not yet fully own your home, the title is held by the lender. When you make the final payment, the title to your home will belong to you. When...
You will most likely encounter an escrow company or process, when you buy or sell a home. An escrow company provides a neutral third party that acts like a secure holding place for funds “in play” during a property sale. While the funds are secured in a safe place,...
What happens if you discover serious problems with your newly purchased home? Consider situations like these: You notice a consistent foul odor in your home, and discover a 20-year-old unpermitted bathroom addition has an improperly installed sump pump vent requiring...
In the previous blog post we covered basic guidelines for reading home purchase agreements carefully. Now we’ll explore four potential landmines for buyers if the fine print is not clearly understood. Most real estate transactions go smoothly, but issues like breach...
A huge jury verdict recently happened which will dramatically alter how home buyers, sellers and their agents deal with real estate commission payments. The changes will impact you if you are buying or selling a single-family home. Knowing how to navigate the new...
