Discussion. The short answer is “Yes.” But the longer answer requires more explanation. First, a caveat: By “review” I do not mean by the listing agent for
Surveys vs. Visual Inspections. Most buyers do not order a survey before purchasing a home. Some visually check corners for survey pins in the ground, but
Below is an article I authored in early 2020. How times have changed! In a recent Housingwire.com article (here) by Kathleen Howley, we learn that
Introduction. The term “specific performance” is not, as commonly believed, a form of legal action that may be brought for enforcement of a contract. Rather,
These guidelines require the consent of third parties, e.g. sellers, buyers, tenants, buyer brokers, inspectors, appraisers, property managers, contractors, plumbers, and others involved in the
The average U.S. rate for a 30-year fixed mortgage dropped to 3.29% this week Go to link here.
Introduction. This question is important for at least two reasons: It determines the time after which neither party can withdraw from the transaction without facing
FIRPTA and Buyer Liability. Until the last few years, the Foreign Investment in Real Property Tax Act of 1980 (“FIRPTA”) was just an arcane acronym;
In residential real estate transactions, there are two basic forms of policies: The Owner’s Policy. This is the standard policy of title insurance that buyers
From the IRS “It is critical that business owners correctly determine whether the individuals providing services are employees or independent contractors. Generally, you must withhold
