Real Estate Transactions

In many cases, new homeowners will take possession of a home on the same day that they close. They will meet with the sellers and the title company for closing, perhaps along with their legal representation. All of the documentation will be signed, certain fees will...

Once a buyer’s offer to purchase a property is accepted, they will sign a Purchase and Sale (P&S) agreement. This will then be followed by a title search - a thorough examination into the property to obtain crucial information. Below are two important details a...

Making an offer on real property is a formal process. Once buyers make an offer, they may have an obligation to follow through with the transaction should the seller accept their offer. Choosing how much to offer for each property is important for buyer protection....

Closing day marks the finish line for your home sale, but it can still test your patience if last-minute issues appear. Even when you follow every step, a few common surprises may still stall the process. Here’s what causes those delays and how you can prevent them....

Contingency clauses in your home purchase agreement are meant to protect you as a buyer. They give you the right to back out or renegotiate the deal if key conditions aren’t met, such as securing financing, getting a clean inspection or meeting appraisal requirements....

There are many important steps required to complete a real estate transaction between a seller accepting an offer and closing. Many of those steps exist for the protection of mortgage lenders. It is common practice for banks and other lenders to require inspections...

Buying a home is a major purchase, and it’s one that often can’t be handled in cash. If you’re a new homebuyer, you should explore the available options to ensure that you’re choosing the one that’s best for your interests.  One option that’s available is a mortgage...

Buying or selling a home involves a number of moving parts; one key element is the escrow process. Escrow acts as a neutral holding space for funds and documents until all requirements of the sale are met. It plays a vital role in helping to ensure that both the buyer...

If you have found a home you want to buy, then it is crucial to remember that you should never rush to sign the contract. The realtor may be pushing you to get the sale over the line (and get their commission guaranteed) with tales of other buyers waiting to pounce...

There are several digital platforms dedicated to renting vacation homes. Many people have dealt with invasive hosts and surprise fees. Ultimately, acquiring a vacation home at a preferred destination could be a much more cost-effective and convenient solution than...