My sister and her husband were looking for a house near my house so that I could help with their newborn baby while they work. We were fortunate to find a house that was up for sale or available to rent. The owner said that he would allow them to purchase the home through him using an owner financing agreement. This made me a little nervous because I had read a few stories about people getting ripped off using this method of home buying. That is why I paid for my sister to have a real estate attorney to work with. Visit our blog to learn what to look for in owner financing agreements to protect yourself from loss.
10 April 2017
When you make an offer on a home, one of the thoughts that likely never crosses your mind is that you might want to back out of the purchase at some point. However, it happens. Regardless of the reason for your need to pull out of the agreement, you need to handle the situation carefully. Your earnest money is on the line, and in certain situations, the seller is entitled to keep it. Here are some ways you can back out of the agreement.
15 November 2016
Have you ever thought about what would happen if you were to pass away? It may seem like a grim thought to have, but preparing for the unpredictable future is always important. Unfortunately, things can often become complicated when a person passes away and leaves behind several things, including different types of property, such as vehicles and homes. If you passed away, some of your closest family members may begin arguing over who gets what.
17 December 2015
When it comes to buying a new property, many people forget to consider short sales. However, short sales can be a very profitable purchase if you know what how to navigate the process. To help you with this, below are three things you need to know about buying a short sale property: You Can Grab a Bargain The whole logic behind a short sale is so that the current owner can avoid foreclosure and the lender can gain back some of the money that would otherwise be lost if the owner was forced to foreclose their home.
23 June 2015
It's not uncommon to get food poisoning after eating at a restaurant or foods that have not been packaged properly. More than 200 known diseases transmit through food, and foodborne diseases cause approximately 76 million illnesses, 325,000 hospitalizations and 5,000 fatalities in the U.S. each and every year. If you have suffered from severe food poisoning and are seeking the compensation you rightfully deserve, the personal injury attorney who takes on your case will work to help you prove two specific elements.