Driveway: Peel & Pave or Just Seal

 

Keeping your new home looking fresh means more than maintaining the interior and grounds. The driveway also requires ongoing care.

Driveways typically get built from concrete or asphalt. A well-cared-for concrete driveway can last up to 30 years, and an asphalt drive won’t need a replacement for 12-20 years. But in order to enjoy a pristine drive for as long as possible, you’ll need to perform regular maintenance.

Caring for a concrete drive

The secret to a good looking concrete drive is regular cleaning and sealing. For ordinary cleaning jobs, you can rent a pressure washer and buy a bottle of biodegradable detergent. Read More …

Is Foreclosure Property Right for you?

Is a Foreclosure property right for you?

In the real estate business much of our time is spent educating clients on the various pros and cons of different types of properties:  Condos vs Single-Family, 55+ communities vs unrestricted developments, etc.    But the most difficult to explain is that of foreclosures vs. conventional residential sales.

It’s difficult because there isn’t a single roadmap that buyers can follow.  Each foreclosed property can have significantly different characteristics, requirements and bidding rules.

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Buyer’s Agent Versus Listing Agent

When looking to buy a house is it better to use the listing agent or a buyer’s agent?

This is often a question we are asked and one that is misunderstood in the marketplace. The answer is very simple. A Seller’s agent (or listing agent) has a fiduciary and confidentiality duty to only one party: the seller. They have a contract with the seller to get them the best offer for their home.

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How Should I Hold Title to my New Property?

 

As an attorney, I frequently get asked how one should take title to their new property. There are a lot of options and there is no right answer. If you are buying the property alone, you would have three main options: 1) hold title in your own name, 2) hold title in a trust, or 3) hold title in a business entity. If you are buying the property with another person, you have even more options: 1) hold it as tenants in common, 2) hold it as tenants by the entirety, 3) hold it as joint tenants, 4) hold it in a trust, or 5) hold it in an entity.

Holding title in your own name: holding title in your own name is in some ways the simplest. No other documents need to be drafted, no entities or trusts need to be created, and lenders will usually prefer this method. However, that does not make it the best option. The draw backs would be

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