Closing is one of the final and most important steps for both buyers and sellers in any real estate transaction. Even if everything seems to be on track, however, things can still go wrong that can hold up or even derail the closing and the transaction. If the buyers...
Real Estate
Did a seller hide mold in a building intended for dental care?
Maybe you just secured your dental license and wanted to acquire property to open your own practice. Perhaps you already have a successful dental practice with a large patient roster and would like to expand into a new facility so that you can partner with another...
What do sellers need to disclose in Missouri real estate deals?
The person selling a piece of real estate has a vested interest in getting the most compensation possible for the sale of their property. This may lead to some people misrepresenting a property on purpose. They know that buyers who understand the true condition of the...
3 terms you need to check before signing a commercial lease
There are numerous benefits to leasing commercial property instead of purchasing it outright for your business. Taking on a commercial real estate loan could overextend your company in its earliest stages and reduce your chances of growing it into something...
Why title insurance can be the best investment for your business property
We get it. Business owners want to save every dollar of start-up costs that they can. There certainly are ways to cut corners but neglecting to purchase a title insurance policy is not one of the better ways to save money. Let’s further explore the importance of title...
4 more commercial real estate closing mistakes to avoid
When you want to add a new location to your business or upgrade to a larger headquarters, you can choose to lease new space or buy an office or building. Purchasing commercial buildings that have been properly maintained and updated is a great way to invest your money...
What if the seller hid defects in the real estate you purchased?
Whether you bought a industrial facility or a residential property, you probably looked closely at the seller's disclosure and made a point of touring the space with your real estate agent to check for defects and likely had a professional inspection. Unfortunately,...
Commercial real estate: Traps to avoid
When you purchase commercial real estate, it is a major investment. Not only are you forking over a large sum of cash, the future of your business enterprise also hangs in the balance. That means that is very important to get it right the first time. You know better...
3 common mistakes when closing on real estate
You have probably made mistakes when spending money and ended up regretting your purchases. Yet, few buyer errors will be as catastrophic as those when purchasing real estate. Property is expensive, so you want to be sure you spend your funds wisely. When you look to...
Caveat Contractor: Recent Cases Interpret The Home Repair And Remodeling Act
By Brian R. Kalb What happens when a contractor fails to use a written contract or otherwise comply with the Home Repair and Remodeling Act? Can homeowners use that failure to avoid paying for work done? This article discusses recent caselaw interpreting the Act and...
