No one should ever sign his or her name to a mortgage loan or any other legal document without understanding exactly what the document says and what the transaction is all about. Mortgage documents can run several dozen pages, but by initialing each page, you're certifying that you have read and understand what each page says.
In a slow housing market or real estate recession, you need to be careful with new construction. If you are already seeing warning signs like the developer has put construction on hold, or only a fraction of the development has been completed, you might want to rethink your purchase. If the builder is having problems, there are no guarantees that the plans for the neighborhood will ever come true.
A home inspector may have missed problems in this buyer's new home. While there are some great home inspectors, some are better than others. Because some home inspectors limit their exposure to problems in the home to the amount you pay for the home inspection, it's crucial to find the best home inspector in your area.
When you receive a home via a quit claim deed you can sell that home as you would any other home. Note that you'll sell the home at the same cost basis that the original owner bought the home for. Learn how quit claim deeds work compared with warranty deeds.
What can you do when your rotten neighbor has not controlled his children or pets? You might think you could separate yourself from your rotten neighbor by putting up a fence. Putting up a fence could trigger a property dispute. What can you do in a fence dispute with a rotten neighbor?
