When a home is sold in foreclosure, most people think it is the end of the story. But for many new property owners, it is the beginning of a new legal chapter. You may be surprised to find that buying a foreclosed home does not always come with a clear title. Even...
When someone is selling a home in Pennsylvania, the law requires them to provide the buyers with a detailed overview of the property’s condition. This is done through a Seller’s Property Disclosure Statement, which helps ensure transparency and protects both parties...
Commercial real estate transactions happen every day in Pennsylvania, and some of them work out well for all involved. But, sometimes, they can end in disaster, especially if you lack an understanding of the elements of commercial real estate deals. Whether buying,...
It can be frustrating for a landlord to manage tenants who are late with their rent payments. In moments of desperation, you might consider drastic measures to encourage payment or eviction. Still, it is crucial to understand that shutting off utilities is illegal in...
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...
