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Real Estate

Have real estate questions? Here, you’ll find helpful articles and other resources that cover issues related to real estate, buying, selling, financing, refinancing, credit and debt, insurance, second homes, vacation homes, real estate investment, new construction, and renovation.

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Breaking A Realtor Contract

By | March 24th, 2008|

A first-time home buyer wants to break the contract with her Realtor because the agent is doing a poor job. The contract is through the brokerage, and a managing broker should be able to set this buyer up with a new agent. If the managing broker won't solve this problem, the buyer's agent contract should be canceled in writing.

Real Estate Agent Job Advice

By | March 24th, 2008|

A real estate instructor writes in to give would-be real estate agents job advice. The instructor's job advice says that a real estate agent's career has lots of costs. According to the instructor's job advice, most real estate agents earn about $40,000 a year. The instructor's job advice reminds potential real estate agents that a real estate career can be lucrative but it's not an instant path to riches.

Marriage Property Rights

By | March 24th, 2008|

A woman asks about her marriage property rights. Her marriage is ending and her husband sold the property but does he have rights to sell it? To find out her marriage property rights she can talk to a legal aid clinic.

Warranty Deed To Remove Name From Deed

By | March 24th, 2008|

In simple terms, a quitclaim deed transfers any interest a person may have in the property without making any representations as to whether that person owns the home or not. A warranty deed performs the same task but gives the buyer (or person receiving the title) a representation that the person signing the deed and conveying a property has an interest in that property to convey. Most people use quitclaim deeds to transfer title between themselves. Sometimes, and for obscure title insurance purposes, it may be better to use a warranty deed.

When To Sell Property In A Down Market

By | March 18th, 2008|

Is it a good idea to try to sell in a down market? Even in bad markets, there are properties that sell. The right time to sell is when there is sufficient activity in the area, or if you're willing to meet the price of the few buyers who are out there.

Renting Out Property Subject To Foreclosure

By | March 18th, 2008|

Is it legal for a rental property owner to rent a property that may be subject to foreclosure? A tenant should be given notice that the rental property is the potential subject of a foreclosure lawsuit. The landlord should also be using the income from the rental property to pay his mortgage lender and keep the property from becoming subject to a foreclosure lawsuit.

Penalty For Selling Before End Of Housing Grant

By | March 17th, 2008|

If you buy a home with a housing grant with a set timeframe you may be penalized if you sell early. Housing grants often have terms and conditions. Read your documents to understand your housing grant.

Inherit Property Or Buy Outright?

By | March 16th, 2008|

Is it better to inherit property after someone's passing or buy it outright before? There are benefits to both inheriting property and buying it outright.

Real Estate Career: Becoming A Real Estate Agent

By | March 14th, 2008|

Want to be a real estate agent and start a career in real estate? You should research real estate career factors like salary and training to be a real estate agent first. Real estate career salaries can vary widely with top real estate agents earning more than $111,000 a year.

Using A Real Estate Agent To Buy A New Home

By | March 13th, 2008|

You should definitely hire a real estate agent to help you negotiate with a builder on a new construction home. Hiring an agent won't cost any more and will give you someone who is well-acquainted with deals like yours. Just because you are a good negotiator doesn't mean you're able to navigate a real estate deal without an agent.

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