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Real Estate

2 mistakes to avoid when closing on a home

Whether it is your first or fifth, a home purchase is a significant milestone in life. If you have shopped around and found your dream home, it’s important that you do everything in your power to ensure that the transaction is concluded as smoothly as possible. While...

What’s encumbered real estate?

One term that often crops up in real estate is “encumbered real estate.” What exactly does this term mean, and why is it important for buyers and homeowners? At its core, encumbered real estate refers to property that has some form of financial or legal liability...

3 reasons to go slowly when buying a home

Market conditions and the impatience to make a deal on a specific home can sometimes drive homebuyers to move fast – but you do not want to rush things. No matter how excited or anxious you may be to buy a specific home, you should make calculated moves, including...

Points to remember when purchasing a condo

Purchasing a condominium is a significant investment -- one that requires a considerable amount of research and due diligence. Part of this process involves reviewing many documents detailing the regulations, financial health and other aspects of the condominium’s...

Legal problems with home love letters

Love letters are a tactic sometimes used by prospective home buyers who want to give themselves an edge. Maybe they live in an area with a very competitive real estate market. They know that there are going to be multiple offers on any house that they try to buy. So,...