HOW SOCIAL MEDIA IS BEING USED TO SELL REAL ESTATE
It’s crucial for home sellers and agents to remain active on social media Millennials now make up 66 percent of the market for first-time homebuyers, and 99 percent of those …
WHAT IS AN IMPLIED-IN-FACT CONTRACT?
An implied-in-fact contract is a form of an implied contract formed by non-verbal conduct, rather than by explicit words. The United States Supreme Court has defined it as “an agreement …
REMEDIES FOR BREACH OF CONTRACT
What are the Remedies for Breach of Contract? There are several remedies for breach of contract, such as award of damages, specific performance, rescission, andrestitution. In courts of limited jurisdiction, …
THE 4 CORNERS RULE FOR CONTRACT DISPUTES
One thing to keep in mind when it comes to contract disputes is that judges will typically reduce the dispute to the lowest common denominator, that is, they’ll narrow the …
12 WAYS TO FOUL UP A REAL ESTATE TRANSACTION
12 Ways to Foul Up a Real Estate Transaction By Evan L. Loeffler One would think that the transfer of ownership of real estate from one party to another should …
MCDONALD’S IS A REAL ESTATE COMPANY
The success of McDonald’s can be attributed in part to the taste of the iconic fast food chain’s shakes and burgers. But the real secret sauce has everything to do …
REAL ESTATE AND MARRIAGE
Real Estate and Marriage Married couples usually own most, if not all, of their valuable property together. If you want to leave everything to your spouse, as many people do, …
WORLD WAR II – WOW HOW THINGS HAVE CHANGED IN REAL ESTATE !!!
The most deadly and widespread war in modern history acted as a devilish bellows on the fire of the American economy. Developments in industry, aviation, medicine, electronics and atomic energy …
THE PROBATE PROCESS
The Probate Process The process unofficially ?begins? when a person dies. The person who passed away, known as the decedent, may or may not have left a will (or may …
LAWYERS ROLE IN A RESIDENTIAL REAL ESTATE TRANSACTION
The purchase of a home is often the largest transaction a person will undertake in a lifetime. As a result, a prospective home buyer should take all precautions possible to …
FIXER RATE VS ADJUSTABLE RATE? 15 YEARS VS 30 YEARS
Fixed-Rate vs. Adjustable-Rate Mortgage (ARM) Most every type of home loan program will offer the option of a fixed-rate or an adjustable-rate mortgage. A fixed-rate mortgage will have the same …
UTILITY EASEMENTS
Don’t be startled to discover that you must ‘share? part of your land. In certain types of real estate transactions, it’s not until the middle of the deal that home …
REAL ESTATE PLATS SURVEYS
Plats and Surveys. What do these words mean? If you?ve recently purchased or acquired a tract of land and plan on dividing it, adding to it, or otherwise developing it, …
FSBO vs REAL ESTATE AGENT? ADVANTAGES AND DISADVANTAGES
Selling your home on your own is doable and maybe you don’t need a professional to get the job done but there are some things to consider before committing to …
RESIDENTIAL VS. COMMERCIAL INVESTMENT? ADVANTAGES AND DISADVANTAGES
What’s better – single family rentals or multifamily properties Even in times like these, as commercial real estate is heating up and it’s more difficult to find good deals, investors …
CAPITAL GAINS ON PRIMARY RESIDENCE
Homeowners already know the many tax breaks that Uncle Sam offers, most notably mortgage interest and property tax deductions. Well, he also has good tax news for home sellers: Most …
START REAL ESTATE INVESTING AS EARLY AS POSSIBLE
There’s this old saying that says the best time to plant a tree was twenty years ago. The second best time is now. That especially applies to investing. It’s never …