How Does a Land Contract Work?
When real estate markets become temperamental, would-be homebuyers seek new and better ways to finance a property purchase. This situation leaves these potential buyers wondering how does a land contract work —
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
When real estate markets become temperamental, would-be homebuyers seek new and better ways to finance a property purchase. This situation leaves these potential buyers wondering how does a land contract work —
One common term that often comes up during the home buying process is escrow. In this article, we’ll discuss five things to know about escrow and answer the question, how does escrow
If you’re looking for someone who owns a property by their address, there are a few different ways you can go about it. You could look up the information yourself online, or
There are many reasons someone may be curious about who owns a property. Maybe you have spotted a home that you would love to purchase, so you want to reach out to
“Squatter’s rights” is a term used to describe the rights of people who have taken physical possession of a property they do not own. These same people, known as squatters, do not
There are many homeowners in the United States who are struggling to make their mortgage payments. One option available to people is a government program that offers borrowers the opportunity to modify
Lis pendens is a Latin term that literally means that a suit is pending. While a lis pendens can technically refer to any pending lawsuit, in legal parlance it is most often
You probably have seen a No Trespassing or Keep Out sign somewhere. Doesn’t it seem obvious that people cannot simply trespass on someone else’s property? Under the law, what does the posting
Are you considering buying a property that is not zoned the way you would like it to be? Have you inherited a residential property that would be more valuable as commercial property?
Property lines are important for determining what belongs to you and what belongs to your neighbor. Home owner liability can be a challenge with regard to things like trees that may have
Transferring a house deed to a family member is a major lifestyle altering decision. Once completed, the person transferring the property, the grantor, has given up any rights to the family member,
Hard money loans are used by individuals who need quick financial solutions and either cannot wait for or do not qualify for conventional banking approvals. These types of loans are specific in
Michigan is a state with great wilderness and plenty of thriving cities. Due to American Federalism, each state can create their own system to manage their populations. Here is how Michigan Quick
When property has been placed into a trust, then the Trustee gains legal control to make decisions on the behalf of the beneficiary. If a beneficiary falls behind in making payments on
The value of a piece of property depends upon many factors including location, size, permitted use and the ability to get to and from it. Real estate professionals use the terms ingress
Joint tenancy and tenancy in common are two most common classifications of ownership of a property. The difference between these two is important when owning a house or a piece of real
Simply stated, a mortgage cram down for rental properties will reduce the amount of your loan based on certain criteria. If you have a rental property that has depreciated in value, you
Unless you live in an arid environment, your home region is likely to be home to a range of native tree species. If you own a single-family home that features a yard
As a homeowner, you’ve probably dealt with your homeowner’s insurance provider on several occasions. Even if you’ve never filed a claim, it’s likely that you’ve interacted with its customer service department or
When you purchased your homeowner's insurance policy, you probably didn't think about how it would affect your auto insurance coverage. In fact, homeowner's insurance and auto insurance occasionally intersect in certain specific