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....
Month: May 2021
At what point does risk of loss pass to you as a real estate buyer?
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...
Waiving an inspection? Costly issues you could miss
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...
What contingencies do you need to protect yourself during a real estate purchase?
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...