Safeguarding Your Rights And Future In Legal Storms
Not all contracts have a “cooling-off” period that allows consumers to cancel the contract within a few days after they sign it. However, Minnesota does have a Three-Day Cooling-Off Law (more formally known as the Home Solicitation Sales Act) for home solicitation sales. The law applies to the rental, lease or sale of goods or services for household or personal use,…
First looks can be deceiving, even when it comes to choosing a real estate agent. That buyer’s agent you hire to help you find your dream home may initially be easy to get on the phone. He or she may even show up in a timely fashion for your first appointment. However, soon after you sign that buyer’s agent agreement,…
A real estate easement is the right of another party to trespass on — or even use — a piece of land that someone else owns. Often, easements are owned by utility companies or municipalities so that they can build a road, lay pipe or bury electrical cables on a homeowner’s property. It’s important to be aware of any easements…
Real estate covenants do not apply to all property, but if one applies to your property, then you will be restricted regarding the way you alter or build your property. Two of the most important pieces of legal terminology in the realm of covenants are burdened land and benefited land. Burdened land refers to the land that the real estate…
The last thing you want to do as a homebuyer is purchase a residence that has a severe unidentified problem. Not recognizing a serious problem could cause you a lot of money and stress later on down the road. This article will describe a 10-point checklist that you can use to ensure that you’ve covered all your bases before investing…
If you are starting to think about applying for a home loan, you will most likely go over your finances and try to determine how much money you will be able to reasonably and safely borrow. In addition to thinking about how much money you will have to put down – and therefore, how much you may have to seek…
Most people need to sell their current home before they buy their new one. However, if you sell your home before buying the next one, you’ll be crunched for time, and you might not select the new home that’s perfect for you. Conversely, if you wait and buy the new home before you sell, then you might need to pay…
Purchasing a home on short sale happens when a buyer purchases a home for less than the amount the owner owes on the mortgage. These are usually homes that are facing, or about to face the threat of foreclosure proceedings. In these situations, the lending organization must first give permission for the short sale. The lender will also not receive…
Four Minnesota real estate properties that Prince owned were put up for sale in mid-November, with two more expected to be put on the market soon. All four of the properties are situated in Chanhassen. One of them, where the deceased musician lived at one time, is a 5,654 square-foot property situated on a 1.5-acre plot of land. One of…
We have all heard the word “closing” on a real estate deal from friends and relatives, but for people who have never been through the experience, they might not know what it means. In fact, closing on a real estate transaction can be somewhat complicated and a number of things need to happen before the closing can be finalized. Here’s…