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December 2018 Archives

Don't take risks: Use a real estate when you buy or sell property

If you talk to anyone who has completed a real estate purchase or closing with the assistance of an attorney, they will probably agree that having an attorney help with the process is recommended. However, they might not know exactly what's at risk of happening without an attorney by your side.

Real estate closings: How an attorney helps

You can handle your real estate closing yourself. You can use a real estate agent to assist you with the transaction as well, but you can also use a real estate attorney if you want to make sure you've crossed all of your T's and dotted your I's. In fact, the use of a real estate attorney to represent you in your real estate sale or purchase is an intelligent move considering the fact that the transaction is likely valued at more than $100,000.

What should you do 2 months before listing your home for sale?

If you're ready to sell your home, there are a few steps you'll want to take. Some of these steps involve simple improvements that will help you increase the value of your home as well as the speed at which you'll be able to sell your property. As for the very first things you'll want to take care of, here's what you should do approximately two months before you put your home on the market:

Take care with adjustable rate mortgages

You're excited to purchase your first home, especially because after a long search, you've finally found one you want. You've finally obtained a mortgage you can afford. The problem is, the mortgage is what's called an "adjustable rate" mortgage, i.e., it's a "ballooning mortgage." You can afford the mortgage now, but in a few years, you won't be able to afford it once your monthly payment obligation goes up.