by Eric Klein | Apr 8, 2019 | Real Estate
You are the winning bidder for a great price on a property at an auction. You have done minor repairs and upgraded the kitchen so you are ready to flip the property. However, during the sale, the title search shows a federal tax lien attached to the property. Now...
by Eric Klein | Oct 6, 2018 | Real Estate
Yes, you can use a power of attorney to sign a promissory note, mortgage, or deed. A power of attorney is a legal document authorizing someone else to act on your behalf. You are called the principal, and the person authorized to sign on your behalf is called the...
by Eric Klein | Sep 18, 2018 | Real Estate
Not Using an Attorney – Unlike the other people involved in the transaction, only an attorney is licensed to give legal advice. The average Residential Contract for Sale and Purchase is overflowing with legal jargon and contains over 11,000 words. While a real estate...
by Eric Klein | Sep 16, 2018 | Real Estate
Failing to Disclose – Most lawsuits following the sale of a home involve the failure to disclose defects. For example, if you know flooding occurs in the garage after a rainstorm, you have a duty to disclose it to the buyer. Failing to disclose it could result in you...
by Eric Klein | Mar 30, 2016 | Firm News, Real Estate
A husband and wife (which we refer to as “Ron” and “Julie” – but these are not their real names) recently came to our office with little hope that their home could be saved. Their difficult situation started years ago in Virginia after Julie sold her business....