You found a perfect Pennsylvania home to buy. Your offer was accepted, and your real estate agent tells you what comes next in the process. It all sounds simple and standard -- until you hear the part about hiring an attorney to help with the purchase process. Why do...
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Real Estate Practice
Important things to know before investing in real estate
Real estate can be a good place to invest money, and more people are getting into the game. However, the area of real estate is challenging, and mistakes can be expensive. People should make sure to do their research before getting in over their head. Understand the...
Firm challenges Governor’s order on evictions
The global Covid-19 pandemic has led to many issues for property owners and landlords in Pennsylvania. One of the biggest issues concerns what can happen when an individual or business falls behind on rent that they owe to their landlords. In April, the Pennsylvania...
Installment land sales are a different way to buy property
If you have never heard of a land contract, then you may want to learn a little more about them before agreeing to them in a contract to buy a home. Installment land sales ask you to make periodic payments. They are also called contract for deed, a land contract or...
Is now the right time to invest in real estate?
You want to invest in real estate when the stakes are low and the likelihood of a profit is high. The market is always changing, but do you know when it’s the right time to invest? A good rule to follow is that if you have the money to invest and can make the monthly...
Ideas for asset and real estate investment in challenging times
For investors and prospective investors in Pittsburgh, the financial effects of the global pandemic can present both concern and opportunity. It is wise to be attentive and think about risks. A key aspect of investing, regardless of the environment, is to be fully...
Alternative Resolution of Pennsylvania Real Estate Agreement of Sale Disputes: Part One- Residential Agreement Mediation
Sooner or later most real estate investors face a real estate agreement of sale dispute. It is less likely for consumers but always a possibility. There are required non-court processes in both the PA Association of Realtors’ residential agreement of sale form...
Crowdlending Mortgages for Pennsylvania Real Estate Investment
Solicitation of mortgage backed loans for rest estate investment has long been regulated and greatly limited by both Federal and Pennsylvania Securities laws. Federally, under the Securities Act of 1933, the offer and sale of securities is required to be...
Investors – HR-5201 is Our Chance to Bring Back the Seller Financing Business
Recently, I attended the National REIA Mid-Year Leadership Conference in Atlanta. While there, I had the opportunity to network with Charles Tassell, National REIA’s Chief Operating Officer and Director of Government Affairs, and with Jeff Watson, who leads the...
Tax Proration and Payment Tips When Buying and Selling Real Property
Last month, I was contacted by a seller who sold his home last August. He had been trying for months to figure out why he paid 2015/2016 school taxes through his tax escrow, paid more 2015/2016 school taxes at closing, and never got his money back. He thought...