Homes are more about the immediate living experience and can be temporary or permanent, bought or rented, without the connotation of long-term heritage. 12 In legal contexts, "estate" can also refer to all the assets owned by an individual, especially in the context of wills and inheritance....
Most real estate agents will emphasize how correctly pricing a home is to the sale of your property. Pricing issues are the #1 cause of why homes don’t sell. If you overprice your property, it’s not going to appraise. Keep these things in mind when trying to sell your home. If you...
However, an estate plan is more comprehensive than a will is alone. Why are estate plans important? Estate plans are important for legal, financial, and personal reasons. For example, an estate plan can help ensure that you, your family, and your hard-earned assets are protected before and...
Real estate comps also factor in the location, size, condition, amenities and other property features of comparable homes. Are comps used to determine the appraised value or list price? Comps are used to determine the appraised value and the list price. The appraised value uses the homes sold...
largely an umbrella term that encompasses four different types of homes. Loosely, a prefabricated home is a home that is built off-site, and then transported to a plot of land. Some prefab homes are built on demand, while others are built, transported, and then sold as real estate.
Creating a life estate is a reasonable way for homeowners to ensure that their homes will be passed on to the person they want with minimal legal fuss or delay. It should only be established with the full understanding that it can't be easily undone, however. The homeowner is giving up ...
Rent-to-own homes can be found through real estate agents, online listing services, or even directly from property owners who are open to this type of arrangement. Can I Negotiate the Terms of a Rent-to-Own Agreement? Yes, the terms of a rent-to-own agreement are negotiable, including ...
Recent research has found that close to31 billion global deviceswill have internet connectivity capabilities by the year 2020, and that includes real estate technology. Individuals are increasingly connecting their homes to the internet and their smartphones for more efficiency and built-in tech options...
There are four types of real estate. Residential Real Estate Residential real estate includes both new construction and resale homes. The most common category is single-family homes, but there are also condominiums, co-ops, townhouses, duplexes, triple-deckers, quadplexes, high-value homes, mul...
"When you're a real estate lawyer, you're involved during good and bad economic times, and so it is a fairly recession-proof job," Berkey says. He notes that real estate attorneys are highly sought after currently because of a surge in demand for single-family homes in the sub...