Failing to disclose property defects during a home sale can lead to serious legal consequences for sellers. While Virginia operates under a “buyer beware” system, sellers are still responsible for certain disclosures. As such, they can face legal action if they...
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Real Estate Transactions
Strategies for handling boundary disputes between property owners
Boundary disputes between property owners can be stressful and complicated. It can be challenging to understand what to do when one arises. However, there are several effective strategies to resolve these disagreements without escalating tensions. Understand your...
Steps to take as a new real estate investor
Before embarking on your first real estate investment, take the time to educate yourself on the fundamentals. Become familiar with key terms, investment strategies and market trends. As you research the local landscape, following a clear process builds the foundation...
Different methods of investing in real estate
Real estate is a popular investment option that offers solid returns and a higher degree of stability than most other asset classes. It offers Virginia investors various avenues for growing their wealth with unique benefits and potential drawbacks. Rental properties...
Facts about housing inventory and how it affects you
Supply and demand are primary driving forces in any economy. The idea that the scarcer the product, the higher the cost is undoubtedly the case in real estate markets. Keep reading to see how the low housing inventory affects buyers, sellers and tenants in Virginia...
The facts about seller financing
Seller real estate financing is most likely to occur in Virginia during hard economic times when many potential buyers may not meet a lender's stringent requirements. Here are some facts about this type of mortgage loan. Feasibility If you are a buyer considering...
Understanding what contingency means in real estate
Contingencies in real estate are one of the main ways buyers protect their interests while buying a home. The word contingency means that a deal depends on particular terms being met. This can mean a buyer agrees to a real estate contract under conditions, like a home...
Building a real estate portfolio for cash flow
Real estate in Virginia can be a powerful tool for creating a stream of income. However, it is not for everyone, and getting it right can be a delicate balance that also involves the risk of loss. Real Estate Income There are several different ways to profit from real...
Foreclosure help: Is it too good to be true?
If you have financial problems and struggle to make your mortgage payments, you may start to receive offers from buyers that seem too good to be true. Beware, because they just may be. Unfortunately, there are people out there who prey on financially strapped...
Solar easements in Virginia
Most every person who owns property deals with easements in some form or another. A good example of an easement is the kind of right that the power company has over the lines running over a home or that the utility company has to the public pipes underneath. They do...