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Each state has their requirements as to whether an attorney is necessary at a real estate closing. Arizona law generally doesn't require prospective homeowners to have an attorney. Just because the state doesn't require people to have an attorney for a real estate...
The loss of a loved one and the distribution of their estate is always challenging. When multiple people inherit a piece of real estate and become joint owners as a result, it can become even more complex. You and the other owners may not agree on how best to use the...
Purchasing rental properties can make a great investment for you and your family. A new monthly income stream and the acquisition of assets that can be sold at a later time for profit or passed down to your children sounds like a good idea. Overall, it may sound like...
Many franchisees spend quite a bit of time searching for the right commercial space for their new business venture. It often takes them up to a year to identify a place and negotiate lease terms. Commercial leasing is significantly more flexible than the residential...
In a nutshell, quite a bit can go wrong with a title search, but that is a good thing for you. Most often, when a title search "goes wrong," it means that the property you're hoping to buy has significant drawbacks that could cost you money. What kinds of drawbacks...
One of the ways to save money on buying a home is to purchase a foreclosure. These homes usually come up at auction after they are repossessed by lenders. A foreclosure is possible only after a lengthy notice and once enough time has been given to the original owner...
Houses are getting to be extremely expensive, so if you see that there is a short sale on the market, you may be interested in buying it. In a short sale, the homeowner sells the property for less than they owe on the mortgage, which helps you get it at a fair price....
If you are about to purchase some commercial or residential real estate, you’ve already invested countless hours into the endeavor. You’ve sought out the perfect piece of property, checked the applicable zoning laws, negotiated a price and closing date with the seller...
Buying a house right now is no easy task. Between the sharply increasing housing prices and the shortage of homes, motivated buyers are considering various components to make their offer as attractive as possible. If you are looking to buy a home, one option you may...
When making an offer on a piece of real estate, you have the option to add contingency clauses to the document to protect yourself. These essentially give you a way to walk away from the deal if the contingencies are not met. You don’t have to take as great of a risk...
