Most people find real estate transactions to be confusing. While they may seem simple on their face, there are a lot of intricacies that, if mishandled, can result in an undesired outcome, costing you a lot of time, money, and stress. That’s why a lot of people who...
Real Estate Law
Understanding a real estate purchase agreement
Purchasing a home in Pennsylvania involves reading and signing a lot of paperwork. You will be asked to review many different types of contracts and it is important to understand what each one is and the purpose it serves. Even if this is not your first time buying a...
Plan for your inheritance
Receiving an inheritance can be viewed as a financial windfall. But it can also end up as a lost opportunity or frittered away. Seventy percent of wealthy families in this country lose their wealth by their second generation and 90% lose it by their third generation....
Should I choose my own closing service provider?
You have diligently been working through the process of buying a home in Pennsylvania and you are at the point where you are ready for closing. At this point you may have the option of choosing a third-party known as the closing service provider to conduct the closing...
Is a home sale final if a higher offer comes in?
Executing a contract may provide assurance to the buyer and seller that the house sale is concluded. But there are times that another and better offer comes to the seller. Parties to these transactions should know about the potential real estate law consequences to...
What should be included in a real estate sales contract?
Buying a home in Pennsylvania can be exciting, especially if it is your first home. However, buying a home is a legal process, and one that many potential homeowners may not have much experience. It is important to seek legal advice when entering a real estate...
What to consider before acquiring a commercial property
Companies that are looking to acquire commercial space in Pennsylvania or elsewhere in the country must decide whether it is more beneficial to rent or to buy it. In many cases, a company's budget will be a primary factor during the decision-making process. Those who...
Why zoning variances may be needed
It isn't uncommon for cities in Indiana and throughout the country to have strict zoning laws. For instance, certain parts of a town may be zoned for residential use while others are reserved for commercial buildings. This is done partially to maximize the value of a...
Five benefits of having your commercial real estate in a separate LLC
In this country, the options for what to do with your business assets are numerous. Many business owners seek to invest by branching out into new territory and exciting industries. Others may invest by purchasing commercial real estate. For those in the latter...