Rest Easy Rundown

Always recommended – Owner’s Title Insurance

Owner’s title insurance is considered optional insurance, but we always recommend it here at Jackson Law. There are many reasons why we recommend it, and below are but a few of the myriad examples in which unsuspecting buyers could face exposure. North Carolina has...

HEARING OFFICER DRAFT UP THE PARTITION PLEASE

One of the most effective legal remedies available for clients who are at an impasse on joint property ownership is a partition proceeding, which results in a forced sale of the real estate. NCGS § 46A provides a mechanism for property owners known as a petition to...

WHAT DOES BUYING A FORECLOSURE MEAN?

Over the years you’ve probably heard agents or investors mention buying foreclosures, but that term can actually describe a few different types of transactions with the commonality among them being that the subject property is, or was, in some level of default. Let’s...

WHY DO I NEED AN ATTORNEY TO BUY A HOUSE?

I call transactional real estate law “happy law.” I say this because in my line of work everyone has the same goal. Everyone signed up for the transaction. Buyers want to buy and sellers want to sell (generally speaking). Because of North Carolina law, I get the...

wiring money? Don’t Panic! Just be diligent!

It seems like there is always some news story regarding wire fraud and how dangerous it is to send money via a wire transfer. However, wiring money can be a safe, secure and efficient way to send or receive money for a real estate transaction — as long as you take...

NEW YEAR, NEW PLAN

One of the easiest things to put off is executing your estate plan, but there are many reasons to put it at the top of your list for 2023! As estate planning attorneys, we are used to being on the long “to-do” list but waiting too long to act can drastically increase...

THERE’S A POA, WHAT DOES THAT MEAN?

A Power of Attorney (POA) is a versatile tool that can help clients enter contracts or conduct affairs when their personal availability is limited or restricted. A POA can enumerate broad or narrow powers. A POA can authorize the designated representative to enter...

Where are my docs?! Clear to Close Vs. Ready to Close

The process to get from contract to the closing table is full of twists and turns and high emotions. This post is going to dive into the nuances between being “cleared to close” and actually being ready to close. I’m big on not over promising and under delivering, and...

What is FIRPTA and why should I care?

I'm trying to distill the takeaways from my experience in handling thousands of closings over nearly 20 years of practice. So, this is a long but worthwhile read with a surprising twist that can affect buyers of NC property owned by foreign investors. Ben Franklin had...

YOU’VE GOT 9 MONTHS! DON’T WAIT!

Families with small children know that estate planning is typically one item that baby books recommend checking off prior to the arrival of your bundle of joy, and for good reason! Failure to put an estate plan in place in advance of worst-case scenarios can cripple a...