Real estate purchases are massive transactions. Not only do they typically involve six- or seven-figure sale prices, but they take weeks if not months to complete. Buyers sometimes overextend themselves by offering the absolute maximum amount they can finance for the...
Real Estate
What if a seller won’t leave after a closing?
There are a lot of challenges that can arise as real estate transactions unfold. Buyers have to find properties that fit their needs and that are within their budgets. They may have to compete with other buyers to get the seller to accept their offer. Then, they have...
3 terms tenants need to clarify when signing a commercial lease
Obtaining space for a business often means looking for a rental property. Retail shops, office spaces and even industrial facilities are often more accessible as rental options than as a purchase-based investment. Particularly when a business is new or expanding...
What happens if the appraisal on your dream home is too low?
It can be a long search looking for the right home. Whether you have very specific requirements for your garage because you like to fix up classic cars or you need certain amenities in the kitchen because you are a private chef, you might look at a dozen houses in...
Is selling rehabbed houses as-is the best choice for flippers?
Real estate investors in North Carolina often like to buy older, poorly-maintained homes. Buying a fixer-upper for cash gives you the opportunity to turn a significant profit. Through investment and sweat equity, you can turn a nightmare house into someone's dream...
Clauses to be aware of in a commercial lease agreement
Finding the right space to operate a new business in North Carolina can be exciting - and overwhelming. Between visiting locations and securing financing, it can be a long and tedious process. As such, when it comes time to sign a lease, many business owners can be...
How binding is a North Carolina purchase agreement on a home?
Every step in the process of purchasing a home in North Carolina is relatively formal. You will often need to speak with a seller or their real estate agent in order to view the property unless you attend an open house. You will have to express your interest in...