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Buying Residential Real Estate

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Option Contracts for Buying & Selling Real Estate
Not all real estate purchase contracts involve an immediate sale. Something called an "option contract"—essentially, a contract not to revoke an offer once it’s made—can also be used to bring about the sale of real estate, though on a much different schedule than usual. ... READ MORE
Buying and Selling Mobile Homes (Manufactured Homes)
Mobile homes are a popular residential option in many states. They can be easily moved from place to place, and are typically less expensive than buying a standard brick-and-mortar home. Legally, purchasing a mobile home is similar to purchasing a manufactured (or “pre-fab”) house. ... READ MORE
Can a Buyer Sue a Home Inspector for Having Missed Defects?
The home inspector hired in the course of a property sale should have supplied the buyer with a comprehensive written report. If, however, the report left off important things, then the home buyer can potentially sue. ... READ MORE
Buyer's Remedies When Real Estate Sales Contracts Fall Through
Home seller backing out of the deal? Here's what you can do. ... READ MORE
How Breaches of Real Estate Sales Contracts Play Out in Residential Home Sales
A real estate purchase agreement or contract of sale contains many terms and conditions of sale. If the seller or buyer fails to comply with the terms or conditions, such as the seller failing to provide clear title to the property, that party is said to have breached or defaulted on the agreement. ... READ MORE
Can Home Purchaser or Seller Use "Specific Performance" to Enforce Real Estate Contract?
Can a home buyer or seller force a sale to close by obtaining a court order? ... READ MORE
Family Giving Me Money to Help Buy Home: What Tax or Other Paperwork Is Needed?
It's legally fine for friends or family to give money to help you buy a home, but there are some documents they might need to prepare for the sake of the lender and the IRS. ... READ MORE
Buying a Home or Property Together, as an Unmarried Couple
You feel sufficiently secure in your relationship to buy a home together; but what should you do to protect yourself legally? ... READ MORE
Buying and Selling a Home Using a Land Contract
What are the risks and benefits of buying and financing a home using a form of seller financing known as a land contract? ... READ MORE
Types of Deeds Used for Transferring or Selling Real Estate
A deed is a written instrument that transfers or conveys title to real property. Generally, the grantor, who is the owner or the person with a legal interest in the property, conveys his interest to the grantee, who is the person who acquires the interest in the property. ... READ MORE
 

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