Category Archives: Real Estate
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 »
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 »