Most people tend to think that by the time you reach the closing on a real estate deal, everything that is left is a formality. However, there is always the risk that something may go awry at the last minute, which you may need a lawyer to help you sort out. Here are five ways a real estate closing might go wrong:
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:
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?