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Lawyer Needed To Buy Foreclosed Property

By | December 18th, 2006|

It's a good idea to have a real estate attorney when making a purchase, especially on foreclosed property. If the foreclosure attorney is involved in the property sale, it's important for the buyer to make sure his interests are being represented. In some states, attorneys act as closing agents and don't represent either party.

How To Auction Off Your Home

By | December 17th, 2006|

Wondering how to auction a home? A reader is thinking of auctioning off his home to avoid the hassle of continually having it in showcase condition. Here's how to go about finding a good company to assist with the home auction.

Home Sale Canceled

By | December 14th, 2006|

A home buyer bought a new home but had the purchase canceled -- only to find the home on the market again. If the buyer agreed to terminate the purchase and sale agreement, there is no recourse the buyer can take against the seller. The buyer can try to buy the home again but might be better off moving home.

Seller Financing Options

By | December 11th, 2006|

Offering seller financing options could help you sell your home in this difficult market. With seller financing, you lend the buyer the cash he or she needs to purchase your home. While it's easier to go to a bank, going with seller financing will be less expensive for buyer, who can save several thousand dollars in lender fees.

Pay Tax Bill On Home For Sale

By | December 9th, 2006|

A homeowner has his home on the market and has a property tax bill due next month. The homeowner is obligated to pay his property tax bill on time. During the closing a "proration" of taxes can be negotiated. The seller will pay for the percentage of the year you lived in your house. The buyer will pay for the percentage of the year he will have lived in the house.

Quit Claim Deed May Prevent Property Sale

By | December 6th, 2006|

What happens when you quit claim a property to a friend who makes you promises to take care of a property and your interests in it and then renegs? You've given up your property rights because of the quit claim deed. It may be time to hire an attorney.

Leaky Basement In Purchased Home Could Lead To Lawsuit

By | December 4th, 2006|

After a home inspection, a home buyer purchased a home that then had flooding in the basement. The seller didn't disclose any problems with water in the basement. The only way to sue the seller is if you can prove she knew the basement leaked and did not disclose it.

Marketing Your Home During The Holiday Season

By | December 3rd, 2006|

While the winter holiday season of Thanksgiving to Superbowl Sunday used to be dead for real estate, real estate industry observers now say sales drop only slightly. What slows down are the showings, which means that the serious shoppers are out and about. Here are some tips on keeping your home presentable during the holiday season.

Adding Friend to Property Deed

By | December 2nd, 2006|

Adding a name to the title of a home in many states can cost almost nothing. But it's important to know the purpose of being added to the title of a home with a partner. While adding a name to a title might be easy, there are many other issues -- including tax implications -- that need to be addressed, too.

Sound Specialist Answer For Noisy Condo Neighbor

By | December 1st, 2006|

A condo owner is having noise trouble with the neighbor who lives below her. The neighbor frequently complains to the condo board about the sound of walking in her home. A solution for both neighbors might be to call in a sound specialist.

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