Rest Easy Rundown
Land Locked Property
Being able to legally access a property from the road, while often taken for granted, is of vital importance. For homes in subdivisions or lots touching a public road, it's usually not an issue. Sometimes, on property that hasn't been sold in a long time or a lot...
SHOULD I BUY OR SELL NOW, OR WAIT FOR RATES TO DROP?
The real estate market is such a hot topic. Tune into the nightly news, pull up an online article, or just walk into your local coffee shop. Everyone is constantly talking about interest rates and whether or not right now is a good time to buy or sell. Look at this...
My Buyer is Not a U.S Citizen- What to Know
My buyer is not a U.S. citizen so what do I do? I get this question a lot. The answer is: not much at all. The better and uncommon question is: the seller is a non-resident alien so what do I do AS THE SELLING AGENT (you would think this is a worry for the listing...
I’m Selling My Home, Do I need my own attorney or can I just use the Buyer’s attorney?
Many people don’t know that when you buy a house in NC, an attorney is involved. The Buyer chooses which attorney to close with, but what should the Seller do? Should a Seller get a completely different attorney to represent them in the transaction? Thankfully, real...
The Pitfalls of The Limited Personal Representative
A large part of our practice in our transactional department consists of curing title issues for real property that arise as a result of improperly probated estates. To say that another way, our clients may have done a great job probating the estate of their loved...
Explaining HOI
The price of everything has been on a steady uptick for years now. Insurance premiums included. Thankfully, many states govern when and by how much insurance providers may increase their charges. Lenders require their collateral to be covered by homeowners...
My Seller Left the Country, Now What?
I’ve tried very hard to educate my staff that there are a lot of aspects of a real estate transaction that we cannot control, but communication is not one of them. Even if I’m telling you that there is nothing new to report, I’m at least telling you that. There is...
“Closing time, Every New Beginning Comes from Some Other Beginning’s End.”
While these are the words from the 1998 one hit wonder, it also applies to buying a home. A seller was once the buyer, but now someone else is. When that someone is you, you may not know what a closing is. The closing is the final step to homeownership. Closings...
The Importance of Beneficiary Designations
Beneficiary designated assets are financial accounts that automatically transfer to a specific person upon the account owner’s death, such as retirement accounts, life insurance policies, or bank accounts. It is important to make sure that the beneficiary designation...
HOA Late Charges & Lots of ‘EM
As an attorney who interacts regularly with homeowners in some stage of default, I encounter HOA arrearages on a fairly regular basis. When the default is long standing, some of these balances grow to truly outrageous amounts. The HOA, or their management company,...