Contracts are probably involved in every major purchase, investment opportunity and legal action you take. When it comes to real estate contracts, they are sometimes referred to as a purchase and sale agreement, contract for sale, purchase contract, agreement to purchase or agreement for sale. Always read contracts thoroughly and make sure you understand everything. You might want to have a lawyer look over any contracts before you sign them. Learn more here about contracts and how to protect yourself.
Home Improvement: Plan Ahead For Budget
Most remodeling projects require some planning, and the best ones are typically planned far enough ahead so that the details can sink in: How you use and live in a space should dictate the design, scope and cost of the project. Learn about planning a remodeling project including the budget.
Buyer Unable To Get Down Payment Returned
Buyers of an apartment building are denied a mortgage and are unable to get their down payment returned. It's important to know what is in your real estate contract to protect yourself if the home sale falls through. A contract with a financing or mortgage contingency would give the buyer the right to terminate the purchase if financing couldn't be secured.
How To Budget For Landscaping
An owner of a new construction home wants help determining the budget for new landscaping. Ilyce has heard 10 percent of the purchase price should be allotted to landscaping a newly-constructed house. She suggests you should find a landscape contractor who is willing to develop a plan that you can implement in stages.
Research Water Damage Contractors Through BBB
When you get water damage on your roof and it begins to leak you'll need to hire a contractor to repair your roof. How can you find a reliable roofing contractor? Ask friends, family, colleagues, and local real estate agents to provide referrals. Contact the Better Business Bureau to check the contractor's record.
Sub-Dividing Lot Before Sale
A homeowner wants to retain part of their lot before selling the home to a family member. Talk to the local zoning department of your municipality to find out about minimum acreage requirements and any other restrictions. The sub-division should definitely be included in the real estate contract, and a real estate attorney should be consulted before any deal is finalized.
Credit Card Debt: Are You Responsible For A Deceased Parent’s?
You are not responsible for a deceased parent's credit card debt unless you are listed as an owner of the card. You are not responsible for the credit card debt if you are just an authorized user. The person's estate becomes responsible for credit card debt in the event of death.
Can Home Buyer Sue Seller Over Bad Smell?
A new home owner notices a bad smell and wants to sue the seller for not disclosing it. The homeowner's ability to sue the seller for his or her failure to disclose a material problem with the home will generally depend on various factors: the state's seller disclosure laws, what the seller knew, and what the contract for purchase of the home stated. Seller disclosure laws generally require sellers to disclose material issues relating to the home.