Recognizing Functional Obsolescence in Real Estate
Functional Obsolescence in Real Estate Can you recognize a property with “good bones”? If so, then you’re likely familiar with the term functional obsolescence. Functional obsolescence refers to fundamental problems…
What Buyers Need to Know About Closing Costs
A Guide To Closing Costs Amongst all the other costs of buying a new property, closing costs may seem inconsequential. However, to underestimate closing costs would be a mistake. These…
Encroachment in Real Estate
Encroachment Boundary disputes are common among neighboring property owners. Disputes that involve unlawful intrusion or unauthorized structures extending into your land or crossing the property lines are known as encroachment.…
Eminent Domain in Real Estate
Eminent Domain Did you know that the federal government can acquire private property for public use? The history of eminent domain goes back to the Bill of Rights and the…
What Are Promissory Notes and Deeds of Reconveyance in Real Estate?
Promissory Notes And Deeds Of Reconveyance Financing is one of the largest hurdles real estate investors face when buying properties. When it comes to securing a mortgage, lenders are clear…
Investing in Condos: The Pros and Cons
Should You Invest In Condos? Condos can be a gateway to first-time home ownership, passive income through rental investing, or a vacation home in a great location. However, condos also…