Protecting Your Real Estate Investment
Co-Authored By: Courtney M. Hills, Esq. and Anthony A. Marrone II, Esq. Continue Reading
Co-Authored By: Courtney M. Hills, Esq. and Anthony A. Marrone II, Esq. Continue Reading
Possession of a home usually transfers at Closing, but in some cases, a Buyer will ask the Seller to grant possession prior to Closing. Such an arrangement is convenient for a Buyer and can make it easier for the current owner to sell the home, but it also raises a host of potential problems.
So you have made it through the initial stages of home buying – you found the house of your dreams, your offer was accepted, and your loan was approved.
If you are looking at purchasing a home, you may notice that certain listings are labeled as short sales or foreclosures.
Nearly a decade after the subprime-mortgage fueled financial crises, the housing market seems to be recovering – distressed sales are down, home prices are up, and less is needed for down payments.