The ownership rights of property are typically outlined in deeds. Deeds are legal documents that gather ownership rights and put them all in one place. Nonetheless, clarifying the ownership of certain types of property is not always easy. Often, multiple parties will...
A short sale occurs when a homeowner can’t keep up with their mortgage payments and wants to sell their home for less than the balance on their mortgage. In order for this to happen, they generally have to get the mortgage company to agree to the short sale. While...
Investing in real estate property is a great way of building wealth, securing a stable asset and diversifying your investment portfolio. However, purchasing a property without conducting due diligence on the title could lead to legal issues in the future if you get a...
Anyone who is purchasing a home should do their due diligence to determine exactly what they’re getting into if they invest in a particular property. One specific thing to look for is if there’s an easement tied to a particular parcel. An easement serves as a legal...
Real estate is one of the biggest investments an individual may ever make. The market conditions at the time when someone buys can have a lasting impact on their finances. Higher interest rates and increasing property values can combine to make purchasing real...
Buying a home is a significant milestone in many people’s lives. If you are thinking about taking the step of buying a home in 2024, it’s important to understand more than whether you’re entering a buyer’s or seller’s market. Before making such a massive financial and...
Individuals who are buying real property in Pennsylvania often commit years of future income toward their purchase. Their financial commitment to the property often begins when they first submit an offer, as they need to have earnest money deposited to underscore...
If you’re at risk of losing your Pennsylvania residence to foreclosure, you may have some options such as refinancing your mortgage. If this isn’t possible and the situation is urgent, you can try some of the following to avoid completely losing your home. Work...
For aspiring Pennsylvania retail entrepreneurs, securing the right location is crucial to their business's success. However, navigating the process of negotiating a retail lease can be both exciting and daunting. A retail lease is a legally binding agreement between a...
When it comes to real estate transactions, a clear and marketable title is of utmost importance. However, Pennsylvania property ownership can sometimes be clouded by competing claims, liens or unknown encumbrances. In such cases, a legal remedy known as a "quiet title...
