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Purchasing a home is a huge opportunity and a huge responsibility -- one that should not be taken lightly. Especially for first-time homebuyers, including a lawyer in your home-buying team can help you avoid some extremely costly missteps in the home-buying...
If your offer on a home is accepted, you typically are locked in and you have to buy the home. The reasoning here is that the seller will take it off of the market or turn other buyers away, so if you then walk, you have cost the seller other potential sales. They'll...
When you are facing the loss of your home through foreclosure, you might come to the realization that can't find a way to keep it. Instead of just taking the foreclosure for granted, you might be able to sell the home through a short sale. When the home is sold...
When banks and other lenders are involved in foreclosures or short sales, they are governed by specific legal requirements. Not doing so can result in large losses for the financial institution.At , our lawyers are experienced in all phases...
According to June's Real Estate Market Report by the Arizona Association of Realtors, this summer is a good time for those who want to sell their homes. In May of this year, the value of homes and properties in Arizona that were under contract was more than $4.6...
When you fall behind on your mortgage payments, your home could quickly fall into foreclosure status. Your bank does not want to foreclose on your home in most cases because they will usually take a loss when selling it. Further, they will have to pay for upkeep once...
Are you facing foreclosure? Are you not only worried about losing your home but how your credit score might also be affected? Many people in this situation consider a short sale.-- What is a short sale? A short sale occurs when a buyer offers a price for your home...
If you haven't heard about the 20 percent rule when it comes to buying a home, you are likely not alone. However, this rule can be a huge benefit to ensure that the home you purchase isn't too expensive or too big. Here's how the 20 percent rule works.-- Take 20...
If you haven't heard about the 20 percent rule when it comes to buying a home, you are likely not alone. However, this rule can be a huge benefit to ensure that the home you purchase isn't too expensive or too big. Here's how the 20 percent rule works. Take 20 percent...
Recent statistics indicate that housing prices may, generally, be trending in a particularly seller-friendly direction here in America.The statistics regard how the selling price sellers who sold their home here in the U.S. last month compared to the sellers' initial...
