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New Construction Home Inspections: Are They Necessary?
In the midst of the last recession that crippled the U.S. real estate economy, new construction home inspections virtually disappeared. For several years, there was too much available housing inventory at too low a price to make newly constructed homes competitive on cost. Essentially, buying a prebuilt house was more attractive to homebuyers than building […]
5 Things Your Real Estate Attorney Wishes You Knew
Real estate attorneys aren’t always the most popular people on the block. Hey, I’m a lawyer, so I fully appreciate why some people don’t like us. We’re expensive, we’re often difficult to get a hold of, and when we do call you back, we don’t always tell you what you want to hear. Sometimes, we […]
Buying a Home With Bad Credit
Put your fears about buying a home with bad credit aside. Just because you have bad credit or filed bankruptcy or gone through a foreclosure does not mean you cannot buy a home. You most certainly can buy a home with bad credit. But you’re going to pay more than a borrower who has sparkling […]
Repair Requests on Home Buying and Selling
Every house needs repairs. There is no perfect house. If a house were perfect, everything would break or fall apart at the same time. But as it is, the envelope of a home: its roof, floors, walls, windows, structural support members, all have different lifespans. Although, today, many appliances seem to stop working as soon […]
Why You Need a Lawyer When You Buy or Sell a House
Buying a home will probably be the largest and most significant purchase you will make in your life. It also involves the law of real property, which is unique and raises special issues of practice, and problems not present in other transactions. A real estate lawyer is trained to deal with these problems and has […]
What You Need to Know About Short Sales and Foreclosures
Short sales and foreclosures are two distinct types of transactions that share the common denominator of being distressed properties, which involve a mortgage lender. (They are not interchangeable terms — although most people don’t realize it, there is a distinction between the two.) Many home buyers start a search for short sales and foreclosures in […]