A real estate attorney’s main responsibility is to offer legal advice and assistance to clients engaged in various real estate transactions, including property purchases, sales, and leases. Real estate attorneys fall into two main categories: residential and commercial. Specific responsibilities…
Legally binding real estate contracts define each party’s role and obligations in a property transaction. Attachments to the agreement may include clauses and contingencies. Reading and understanding your contract is important, especially paying attention to specified deadlines and dates, legal…
Besides homebuyers, real estate scams also affect people refinancing their mortgages, selling their homes, purchasing or owning commercial property, and even renting. Con artists are eager to scam at every stage of a real estate transaction. Although scams vary, there…
It’s never a good idea to remove all contingencies from your real estate purchase. Waiving necessary due diligence during the mortgage, appraisal, or inspection process to close may cause long-term consequences. In some states, real estate agents may face litigation for…