Homebuyers and sellers often deal with minor issues that may seem impossible to overcome. The legalities regarding home buying and ownership may seem confusing, but many of them are fairly straightforward and easy to understand. Learn more about the common legal challenges of home ownership.
Property and real estate deeds—there are many—but what deed is needed or used for different circumstances? Here, find a list of common property deeds, along with what they mean in easy terms you can understand.
You may be considering preparing your home for spring and summer and considering your landscaping. One of the questions that may arise is can you legally plant trees on a property line. The simple answer to this is no, although there may be some exceptions to this rule.
False advertising is defined by Lectric Law Library as “…False or deceptive advertisement is an advertising misrepresenting the nature, characteristics, qualities, or geographic origin of goods, services, or commercial activities.” False advertising by a home seller can take many forms.
The offer you have placed on a home has been accepted by the seller. Then your real estate agent notifies you that there has been another offer. Well, can they accept two contracts at once?. The answer is a matter of legal concern and contract law.
A seller concession is broadly defined by the Veterans Administration as anything that adds value to the real estate transaction. In these cases, it is important to understand when adjusting for seller concession in VA appraisals is appropriate.
For those who have been notified by their banks that they are potentially facing foreclosure, they may be wondering how does foreclosure work?. The process varies by state but overall and depends on whether the accepted foreclosure process is judicial or non-judicial.
Understanding the various options that are available is an important first step towards ending the uncertainty of foreclosure. Homeowner’s should be aware of which programs are available to help them save their home once the foreclosure process has started. Here are some possible options.
Real estate transactions can be highly emotional for both sides, and negotiations don’t always go as planned. Here is a look at a buyer’s options when a home seller won’t offer a counter.
For those who are recently married or divorced, issues about selling your home if your name has changed may be a worry. The legal requirements to modify your loan documents and title can be provided by your lender or an attorney.
