If you have fallen behind on your mortgage payments, you face the risk of foreclosure. That means the lending institution can repossess the property. Once the foreclosure process begins, the court could stick you with a deficiency judgment if the value of the home is less than the total amount owed. In that case, you […]
You return home after a two-month-long vacation only to find strangers squatting in your house. The problem is that these people have lived in your home since the time you left and even receive mail there. To regain possession of your property, you have few options, each usually taking time to process. Now the battle […]
Buying a commercial building is a significant investment, so finding mold after closing the deal raises all kinds of questions. The biggest one is what to do from a legal standpoint. For one thing, this shows just how critical it is to hire a trusted company to perform a thorough inspection. Just make sure that […]
After receiving an eviction notice, some people wonder if it is worth fighting in court. The answer depends on several things, including the dollar amount involved, the reason for the eviction, the date you would have to leave, and whether the eviction was illegal. If you find yourself in this situation and want to do […]
Even with a great Realtor, there is a lot that goes into buying a home. For a newly constructed home, there is little to worry about regarding defects since it remains under warranty. However, for an existing home, the seller has the responsibility of disclosing major defects, otherwise referred to as material defects. A “material […]
Just imagine buying a farm so that you can finally run your own business and live in the country only to have a neighbor start encroaching on your property. Unfortunately, this is an all too common occurrence. When talking about encroachment, this can mean a number of things, including a neighbor using your property to […]
If you recently moved out of an apartment, but the landlord refuses to return your security deposit, you may need to take legal action. Before going that route, make sure that you are entitled to the money. The security deposit is intended to provide the landlord with funds for making repairs, hauling off trash, and […]
Before buying an existing home, it is imperative to have a home inspection performed. That way, potential problems are identified and corrected. A check for mold or mold-related problems should be included in the inspection. Once the inspection is complete, ask the inspector whether any mold or potential mold dangers were identified. If the answer […]
Disputes over properly lines are not uncommon. For most landowners, this problem can be resolved fairly easy. However, there are times when a properly line dispute becomes a very heated issue. When facing this dilemma, make sure that the deed descriptions are accurate. If things between you and your neighbor are civil, the two of […]
Although there are many rewards associated with being a landlord, there is also potential for major headaches. One positive aspect of being a landlord is that most often, the law leans in your favor. If you have been left with serious damage to a property that you own, you may have no other recourse than […]