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If you are about to purchase a piece of real estate, then it is important to slow down and consider what would happen if something went wrong. However great the property may look to you, there may be issues you cannot see that could cause you to reconsider. You might...
Purchasing a new home can be extremely rewarding. It is your own private space. When you buy a piece of real estate, you expect to be able to enjoy it without interference. While this is what usually happens, it isn’t always the case. Disputes over real estate are...
Even in the digital age, most businesses require some sort of physical headquarters. Generally, business owners have two options - they can buy a building or sign up to a commercial lease. Leasing commercial property is the more popular of these two options. Some of...
Title records for a property help establish who the lawful owner of a parcel is. A local county recorder's office maintains records of who owns individual pieces of real estate and what, if any, encumbrances affect their rights. Anytime a real estate transaction...
A letter of intent (LOI) is a formal document that — while not legally binding — serves as a starting point for negotiations between a buyer and seller or a commercial landlord and tenant. In essence, a letter of intent is a written expression of the desire to enter...
Developing real estate can be a lucrative business, but it is by no means easy. Real estate development is not as simple as picking a plot of land and building. Developers have to carefully plan and strategize as well as act following the law. Here are some common...
Real estate transactions are relatively complex. The buyer and seller both need to protect their interests, as does the lender providing financing. Even in a scenario where a buyer makes a cash offer, there are usually weeks between when the seller accepts the offer...
Buying a home isn’t as simple as seeing one you want and paying for it. Instead, the process involves various steps, such as securing a mortgage, making an offer and waiting for the seller to accept the offer. For most people, their real estate agent will help them as...
When landlords rent out properties in New York, they may encounter various challenges. For example, leases are an issue involving many nuances. Unfortunately, many landlords make mistakes that can lead to legal issues or financial losses. 1. Inadequate lease clauses...
The initial steps of a real estate transaction help pave the way for a property seller to approve your offer and set you on the road to your new home or commercial property. Obtaining mortgage preapproval could make or break your efforts to buy a piece of real estate....