PLANNED UNIT DEVELOPMENT: Explanation, Advantages & Disadvantages
PUDs (planned unit developments) are a distinct real estate feature. You own your house and land in a…
ADVERSE POSSESSION: How It Works; Rules and Requirements
In rare cases, a trespasser who comes into your property and occupies it may acquire legal possession of…
FHA REHAB LOAN: 2023 Requirements
Homebuyers and homeowners can use an FHA 203(k) rehab loan to fund both the buying or refinancing of…
SQUATTERS RIGHTS: Legal Definition and the Law in the Different States
No landowner enjoys having vacant property, but there are instances when units go unrented, exposing the proprietor to…
Closing Statement: Definition and Tips for Writing Effective Statement
A closing statement, also known as a HUD-1 statement or a settlement sheet, is a document used in…
Form 1098 Mortgage: The Interest Statement
If tax deduction appeals to you, then the form 1098 mortgage interest statement is something you’d be interested…
5 Must-Have Online Real Estate Tools for Agents
Working in real estate is easier if you have the right tools for the job, and today there…
DIFFERENCE BETWEEN CONDO AND TOWNHOUSE: WHAT’S THE DIFFERENCE
Buying a house comes with many decisions, from checking the location to the price and the security in…
LEASE VS RENT HOUSE: What are the Key Differences?
The distinction between the terms “lease” and “rent” is largely contextual. Renting a car, for example, can be…
HOW TO BUY FORECLOSED HOUSES IN CALIFORNIA
Foreclosures are a process that requires more homework, documentation, and effort than buying any other kind of property.…