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May 2017 Archives

Protect your home's value after a storm with these tips

Any kind of natural disaster can affect your mortgage since it affects the overall value of your home. After a disaster, you'll look into ways to repair your home, but making a decision on which repairs to make and who to work with can be complicated. That's why the Better Business Bureau has tips for people in your situation.

You may be able to obtain property through adverse possession

If there is a property you've always wanted but have noticed it has been abandoned for some time, there may still be a chance you can obtain it. While a typical real estate transaction would require you to find the owner and make an offer on the property, laws of adverse possession may help you obtain the property without having to locate the owner.

What can you do if zoning doesn't allow you to run a business?

When you purchase a property, you likely already have an idea of what you want to do there. Zoning laws will affect what you are allowed to do in the space. Zoning laws restrict many activities and set requirements you must abide by.

What is a confidentiality agreement?

If you're running a business, one of the things you may ask new employees to sign is a confidentiality agreement. With this agreement, you're asking that the employees do not talk about the work you do. If someone breaches this agreement, then you have a right to legal action against him or her in most cases.

Mortgage rates are on the rise in the United States

As someone interested in purchasing a home, one of the most important things to understand is your mortgage rate. Shopping for a good mortgage rate is vital, because even a percent difference on a loan can mean thousands of dollars spent on interest that you'd rather spend on your loan's principal balance. Over time, you could end up spending $20,000 or even $30,000 in interest alone.