DEED RESTRICTIONS: Definition & How to Identify Deed Restrictions On A Property
As a real estate attorney, I’m frequently approached by clients who are concerned about deed limitations when purchasing…
OWNERSHIP INTEREST: Top Guide To Ownership Interest
When it comes to buying or refinancing a home, there are a lot of moving parts to consider.…
WHAT IS ESCROW ON MORTGAGE: Advantages, Disadvantages & How It Works
When it comes to mortgages, the terms “escrow” and “escrow accounts” refer to two distinct notions. Escrow is…
GOOD FAITH DEPOSIT: Reasons Why You Need It
Every realtor and homebuyer knows the market is competitive where a good house is concerned. This means buyers…
COST OF TINY HOUSE: Costs To Consider When Building or Buying a Tiny House
With housing affordability in the United States at “crisis levels,” financial benefits such as lower upfront expenses, the…
MORTGAGOR VS MORTGAGEE: What Is The Difference?
The definition of the mortgagor and the mortgagee term in real estate is often misunderstood. Most often, people…
PITI REAL ESTATE: What it Means in Real Estate
One of the terms you will come across in real estate is PITI. It is not enough to…
TENANCY IN SEVERALTY: Ownership & Examples
There are several forms of ownership in real estate. Each of them has specific drawbacks, and benefits, as…
DUAL AGENCY: What It Is and Why You Should
There are states in the US that outlawed the practice of dual agency such as Florida. However, some…
IMPOUND ACCOUNT: Understanding the Impound Account and How to Avoid It
Your mortgage lender will set up an escrow account, often known as an impound account, depending on where…