Home prices drop 50% What’s on everybody’s mind is: what is going to happen with real estate prices.. Are they going up? Are they going down? Interest rates? prices? So here is one prediction from some high-level financiers: Home prices will fall another 10 percent because interest rates are going to stay high. It’s […]
Home Affordability Spikes Home affordability spikes are here and The National Review has an article that says a six-figure income is now required to buy just an average home. A median home and that may seem like a pretty extreme thing, or a dramatic thing to say, but doing the math makes it real. For […]
What is a Contractual Obligation? A contractual obligation is an obligation that arises from a contract. The terms of the contract may impose obligations on one or more parties to perform, or not perform, certain actions. A contractual obligation usually involves financial penalties for failing to meet the obligations outlined in the contract. A contractual […]
https://www.youtube.com/watch?v=UUsjakf7el8 Here’s the real reason why home pages are as high as they are… No, it’s not about interest rates or corporate greed, it’s not about anything other than there is a shortage of homes. Millions of housing units are needed in the US, but many cities have costly entry barriers hidden in their permit […]
So in real estate what is the difference between a property easement and a property boundary? Those are two terms you’ll see on deeds, real estate records, and real estate titles that you want to know about if you’re contemplating purchasing a property. What is a property boundary? A property boundary is exactly what it […]
https://www.youtube.com/watch?v=avj6PVoy4kY When taking on a building project, one of the most important steps is to file a building permit. There are over 3,600 counties in the US, each of which has its own process to file for a building permit, although most processes share similar requirements. Keep reading to learn more about how to file […]
https://www.youtube.com/watch?v=iQvRiAJcgqo Are mineral rights for real estate attached to a property deed? Well, it depends. Some properties own their own mineral rights and some have them split off and owned by somebody else. You might own a home and own the property, but find out that the rights to any minerals, gas, or oil that’s […]
https://www.youtube.com/watch?v=e5tON2e5pg8 A common question we get is, is it possible to determine if there is a lien on a property or a piece of real estate? And the answer is yes. Property records and real estate records are considered public records open to the public. They’re open records, unlike motor vehicle records or some other […]
Real estate documents by law are public records. A deed that is signed over from one person to another, a mortgage that finances a property, and a lien against a property, are all public records. Real estate transactions are public records in most states, but there are exceptions. In some states, only personal information like […]
