Rest Easy Rundown
Property Vesting in NC: An Overview of TIC, JTWROS, and TBE
A common question with every closing involving two or more buyers is “How would you like the property to be vested”? There are several factors to consider when choosing vesting, but to begin, it is important to know some key features and differences between each type....
Interest Rates May Drop, Are You Prepared?
You may be wondering why I am mentioning refinances now when all we have seen are high interest rates. If you own a home and you closed in the last couple of years, you should really start getting prepared. Rates may drop in the next six months and you should know at...
3 Common Mistakes You Need To Avoid When Drafting An Offer To Purchase And Contract
By the time my office gets a contract for a closing a lot has happened that we are typically not a part of and truthfully, after reading this blog, I hope changes for many people. One of those particularly important things is the execution and drafting of the...
A Business Owner’s Guide To An Operating Agreement
The initial stages of organizing a new start-up can be a very exciting and overwhelming time for business owners. One of the most important considerations for a business owner during this time is how to internally structure the business. For limited liability...
Fraud Detection Alert: How To Protect Yourself
Realtors, Buyers, and Sellers – be vigilant! As a party to a real estate transaction, you may be targeted by fraudsters, and you must be extra cautious to protect yourself! ! Fraudsters can hack into your email account and they wait for big life events, such as buying...
Equity Check
Listing agents, make sure you are getting an accurate idea of how much your sellers owe on their mortgage when listing. The idea that the payoff amount could warrant attention has been mostly an afterthought for the last few years in an environment of seemingly...
New Beneficial Ownership Information (BOI): Reporting to Begin in 2024
Small business owners take note – beginning January of 2024, all companies will be required to report certain information to the Financial Crimes Enforcement Network (FinCEN) or face penalties of up to $500.00 per day. This new legislation is designed to prevent money...
How Property Taxes are Collected at Closing
Two things in life are certain: death and taxes. The tax part, at least, is also true for every real property transaction. It can be very confusing for both the buyer and seller side, so buckle up because this blog will help simplify a few things for you and your...
EClosings: A New Digital Era for North Carolina Is Coming
I wish I had a dollar every time a client asked me at the closing table “Why so much paper?” or “I just bought my car signing on an iPad at the dealership, why can I not do that for my home?” These are valid questions. . Most of what we do in life now is digital. I am...
Happy Estate Planning Awareness Week!
The third week in October is estate planning awareness week, so we wanted to take this opportunity to remind you of why it is important to establish a strong working estate plan. We find that our cases with the highest attorneys’ fees tend to be for individuals who...
