Why You Must Perform Your Own Real Estate Due Diligence A Costly Case Study: John P.’s Investment Mistake In 2022, John P., a new investor, purchased a property from an acquisition company intending to fix and flip. Unfortunately, he skipped the most critical step in real estate investing: performing his own due diligence. Here’s what […]
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Due Diligence, Legal & FinancialUnderstanding the Closing Process Yes! You’ve found your dream home. Now it’s time to focus on closing. The closing process can seem like you’ve taken on a second job. However, mentally preparing yourself to deal with the numerous tasks and requests for documentation required to close will contribute to a smoother closing experience. Keep in
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Buyers, Legal & Financial, Real Estate Education, SellersAdverse Possession Defined Claiming the right to enjoy real property when the enjoyment of that property is opposed to another person’s claim and is continuous, exclusive, hostile, open and notorious.” [1] To prevail in an adverse possession claim, the claimant must satisfy the following elements: Actual possession – The claimant must take actual possession of
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Due Diligence, Legal & Financial