Blog
Is a Gated Community Right For Me?
When choosing where to live, it’s important to take preferred lifestyles into consideration. Some people prefer to live in unrestricted communities where practically anything goes, while others prefer a little more structure and added community perks. A gated communit...
Understanding Rent-To-Own Agreements
Picture this agreement between two players in a board game: 'If you land on my property 10 times, pay $5 more each time, and then you can buy it for $200.' The first player still owns the property for those 10 turns, but the second player has secured a set price and...
I Found A Home Buyer…Now What?
As a seller, your main goal is obviously to sell your home. So once that mission is finally accomplished and you’ve accepted your home buyer’s offer, you may think that your job is done. Wrong! There are still a few things left to take care of.
For example...
Identity Fraud Liability
Identity fraud is often used in mortgage fraud schemes in order to hide the identity of the perpetrators or to obtain a credit profile that meets lender guidelines. Lenders give loans based on a borrower’s credit profile, and fraudsters often use stolen identities as ...
Rental Application Rights
A landlord renting a property has rights in selecting a tenant. Tenants also have rights about the factors that can be considered in selection. While most landlord-tenant issues are governed by states and localities, Federal fair housing laws apply to tenant selecti...
Neighborhood Noise Levels
There are a number of factors that home buyers should consider when scoping out potential new homes. Number of bedrooms, floor plans, kitchen amenities…there are many things you need to look at to make sure the house has everything you want. But what about things that...
What If My Seller’s Deal Falls Through?
When you’re in the midst of a real estate transaction, you hope for a smooth closing process that ends with you happily moving into your new home. And in more cases than not, the seller takes the money that they make from the closing to purchase a different home to mo...
Inspection and Appraisal: What’s the Difference?
You’ve skimmed every online checklist. You’ve listened to every piece of advice your relatives have felt inclined to give you. You’ve nearly done it all and yet you’re still confused about certain components of your real estate experience. For instance, what is ...
How To File Bankruptcy
United States law allows courts to declare individuals and businesses bankrupt, allowing them to settle debts without full payment. Filing bankruptcy is a legal action asking the court to make this declaration; deciding to file should account for:
Debts...
Net Sheet Calculators: Calculate Closing Costs With Ease
Seller’s net sheets and buyer’s cost sheets are helpful tools that allow buyers and sellers to see and understand the costs of closing. Net sheets are customizable documents that calculate costs and create an itemized list of the fees associated with buying or selli...