You're buying your first home, and you’ve done all the research and taken all the right steps. When you made the seller an offer, you made sure that you had a few contingencies in place in the contract. If the house doesn’t appraise well or your funding falls through,...
Month: August 2021
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What is a spite fence?
Ideally, two property owners who share a boundary line will learn to get along and at least be civil to one another, even if they are not friends. These could be two commercial property owners with stores along the same road, two homeowners in a subdivision and so on....
What kind of money is at stake if you back out of a home purchase?
Buying a home is a big deal -- so it’s natural to have second thoughts. If those thoughts cause you to back out of your agreement to purchase, however, you could be in a lot of legal trouble. What’s at stake? It depends. Check your contract to see what it says about a...