Monthly Archives: May 2007
Real Estate Minute: Travel Industry Can’t Pay Salaries
Real Estate Minute with Ilyce Glink
What happens to the airline and travel industries if it doesn’t have the cash to pay its workers?
A Weekend’s Repose On Hilton Head
It isn’t often that you get to enjoy a stretch of beach as beautiful as that on Hilton Head Island. I spent the Memorial Day weekend strolling and the…
Inheriting A Portion Of A Property
What happens when you inherit a fraction of a property? How can you work with the other heirs in a buyout of the inheritance? Determining a fair price for inherited property can be tricky in an iffy real estate market.
Renters Refuse Landlord’s Access
A rental property owner is ready to sell but the current tenants will not allow the landlord access to the home to show potential buyers. Many leases specifically allow a landlord access to a rental property to re-rent or sell it. Forcing tenants to give access to the rental property is a double-edged sword.
Structural Problems Found After Purchase Of Home
During the purchase of a house, the buyer had the home inspected by a professional home inspector. The home inspector pointed out a few minor repairs that were needed, but the buyer purchased the home anyway. Now the homeowner has discovered more serious structural damages, and is wondering what recourse he has against the seller. They may not have a case against the seller unless the seller breached his or her representations and warranties relating to the condition of the property under the purchase and sale agreement for the home or the seller failed to disclose matters that the seller was required to disclose under any seller disclosure law.
Real Estate Minute: Supply Of Homes For Sale Growing
Real Estate Minute with Ilyce Glink
Supply of homes for sale growing, but not everywhere
Tenancy By The Entirety With Inheritance
With inherited property, tenancy laws may vary from state to state. In some states, you can choose tenancy-by-the-entirety. It isn’t available everywhere, but in some cases the outcome is essentially the same as joint tenancy with rights of survivorship
It’s The Right Time To Rent
Despite what you hear, there are times when renting is a smarter decision than buying. If you’ll be stronger financially by renting, you may want to wait before you buy a home. You also might want to put off buying until you’re ready to settle in one place.
