When you are looking to buy real estate, whether residential or commercial, finding the right location is essential. However, even the most ideal property can potentially have property defects just below the surface that can seriously impact your ability to make use of your new purchase. This can not only cost you a lot of money, but in the most extreme circumstances, it can even pose a threat to your health and well-being. Here are seven property defects that can harm you real estate deal:
Real Estate
What is an HOA, and How Can it Affect You?
Millions of American homeowners are members of Homeowners Associations, also known as HOAs. However, many people do not join voluntarily, and some do not even realize they are members of an HOA until they run afoul of its restrictions. But what exactly is an HOA, and how can it potentially affect you?
How a Title Defect Could Impact Your Real Estate Transaction
Real estate transactions are always a big deal, and for many people, buying or selling a home will be the biggest financial decision they make in their entire lives. However, a surprising number of people do not realize the risks that title defects can pose, making even the best new home into a potential nightmare. But what exactly is a title defect, and how can it affect your real estate transaction?