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Posted by niftyadmin | Real Estate Lawyer
Are you considering buying a home? The real estate market in North Carolina continues to run hot. According to the most recent data from Zillow (April 2023), the median home sale in North Carolina exceeds $300,000—a more than ten percent spike over the previous year. Further, the median residential property in our state goes to …
Continue reading "Real Estate: Five Tips for Homebuyers in North Carolina"
Read More...Posted by PerryBundyWebsite | Real Estate Lawyer
Buying or selling a home is a major financial transaction for many residents of North Carolina, from the high dollar value to the fact that the subject property is more than just a piece of real estate. Your home is your safe haven and the place your family will make memories, so your rights and …
Continue reading "Do I Need a Lawyer for a North Carolina Real Estate Transaction?"
Read More...Posted by PerryBundyWebsite | Real Estate Lawyer
There are several different ways to own real estate with another person. Whether you own a home together with a spouse, purchased a property with a friend, or inherited property along with a family member, you could be part of a legal ownership arrangement called a joint tenancy. In a joint tenancy, all owners have …
Continue reading "Real Estate Law: What is a Joint Tenancy in North Carolina?"
Read More...Posted by PerryBundyWebsite | Real Estate Lawyer, Real Estate Transaction Management
Residential real estate is booming. The total value of the residential real estate market in North Carolina surpassed $1.1 trillion for the first time earlier this year. In such an ultra-competitive market, homebuyers must ensure that their rights and interests are properly protected by any purchase agreements. CCRs are too often overlooked. Here, our Monroe …
Continue reading "North Carolina Real Estate: What Homebuyers Need to Know About CCRs"
Read More...Posted by PerryBundyWebsite | Real Estate Lawyer
When a contractor is not properly paid for labor and/or services—or when they claim that they are not properly paid—they have the right to seek a mechanic’s lien on real property. The Cornell Legal Information Institute defines a mechanic’s lien as “a security interest that may be acquired in property by someone who spends material …
Continue reading "Real Estate Law: How to Remove a Mechanic’s Lien in North Carolina"
Read More...Posted by PerryBundyWebsite | Property Deed, Property Title, Real Estate Lawyer
Real estate transactions are complicated. Before you finalize the sale of residential or commercial property in North Carolina, it is imperative that you ensure that all documents are in order. As the world of real estate is full of ‘jargon’, there is a lot of confusion over what exactly terms mean. Notably, the terms “title” …
Read More...Posted by PerryBundyWebsite | Real Estate Lawyer
The residential real estate market has been blazing hot. The median residential real estate price in North Carolina hit a record high in 2021. With more at stake in real estate transactions than ever before, there has also been a rise in real estate-related disputes. During this market, it is crucial that all parties know …
Continue reading "Real Estate Law in North Carolina: What to Know About Earnest Money"
Read More...Posted by PerryBundyWebsite | Real Estate Lawyer, Titles
As simply defined by Investopedia, a title is a legal document “that shows legal ownership to a property.” If you are buying or selling residential or commercial real estate in North Carolina, it is crucial that you are familiar with the potential issues that can arise with the title. Here, our Monroe real estate attorneys …
Continue reading "Real Estate in North Carolina: Four of the Most Common Title Problems"
Read More...Posted by PerryBundyWebsite | Real Estate Lawyer, Real Estate Transaction Management
The real estate market has been especially hot over the past 12 months. Earlier this year, the Carolina Public Press reported that the housing market in North Carolina “exploded” as pandemic-related restrictions started to ease. In this market, it is crucial that you are prepared to navigate the transaction. Real estate transactions are complicated. Whether …
Continue reading "Real Estate Transaction Management"
Read More...Posted by PerryBundyWebsite | Real Estate Lawyer
The National Association of Realtors (NAR) reports that six million homes are sold in the United States every year. Earlier this year, CNBC reported that home prices rose at a historic rate. In order to be savvy consumers, buyers and sellers must have the tools and information they need to navigate such a dynamic real …
Continue reading "Contingent vs. Pending: What to Know About the Difference"
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