If you are about to purchase your first piece of property for investment rather than to live in, it is crucial to make a mind switch. Entering negotiations with the same attitude you had to purchase the family home could leave you wishing you had invested elsewhere....
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Real Estate Practice
Why buyers may sue if sellers don’t disclose property defects
Co-Authored By: Bradley S. Dornish, Esq. and Nathan Morgan Purchasing a home is a very involved process. It can take weeks of research to find the right property, and buyers may have to compete with many other parties interested in the same home. Typically, buyers...
Amending Title 68: Changing the Definition of “In-Person” Meetings and the Nature of Voting for Pennsylvania’s Homeowners’ Associations, Among Other Crucial Changes: Part 2- Other Key Aspects
Co-Authored By: Bradley S. Dornish, Esq. and Nathan Morgan Part 2: Other Key Aspects A few other notable changes have been made to Title 68 for CICs, including updated language on the removal of executive board members, procedures to amend bylaws, and quorum guidance....
Amending Title 68: Changing the Definition of “In-Person” Meetings and the Nature of Voting for Pennsylvania’s Homeowners’ Associations, Among Other Crucial Changes: Part 1- Meeting & Voting
Co-Authored By: Bradley S. Dornish, Esq. and Nathan Morgan Part 1: Meeting and Voting The coronavirus pandemic altered every aspect of life within every facet of society. The operations of Pennsylvania’s Condominiums, Planned Communities, and Cooperatives,...
3 risks that come from cash real estate purchases
Most people buying real estate to live in or for investment will use a mortgage to complete their purchase. However, some people buying a home or investment property will have the resources to make a cash offer based on the equity they have in their current home or...
3 things to expect at a remote house closing
If you’re in the process of buying a home but are not located within the state, one option may be to go through a remote home closing. A remote closing doesn’t require you to be physically present, but you can still be there virtually to ask questions and get answers....
What info must be included on a seller disclosure form?
Disclosures are a crucial part of the real estate sale process. A seller has to inform prospective buyers in writing about issues with the property that might affect its value and therefore the upcoming real estate transaction. Buyers also have the right to demand...
Experts believe home values are going to continue climbing
If you've been investing in residential real estate during 2021, you know just how volatile the market has been. It has climbed so fast that it has broken records and set high marks that many people never thought they would see. Homes have become worth far more than...
Should you let a home buying company take yours off your hands?
We’ve all seen those ads on late-night TV, maybe when we’re watching old Seinfeld reruns, for companies that will buy your house for cash, regardless of the condition. You may not pay much attention to them until you need to sell your home quickly. Maybe you have an...
What to consider when refinancing your mortgage
Making the decision to refinance a mortgage is a major one and must be considered carefully. It isn’t as easy as seeing a lower interest rate. You must ensure that you’re reading the terms carefully so that you know you’re getting the best deal possible. It’s possible...