Unless you’re fortunate enough to be in a position to purchase your home with cash, there will come a time when you need to move through the many steps of the mortgage process. While this sounds simple enough, there are a variety of challenges standing in your way....
Gulfport Legal Blog
Do you need an attorney to review your estate plan?
Like many people, you may believe that estate planning is as simple as writing a will and calling it a day. Yet, the process is rarely so straightforward, and you may have a lingering feeling that your plan could be more comprehensive. You may also wonder whether your...
You inherited a home: Before you move in, there are some things to consider
The day you inherit a house, you may think your problems are over, and there will be no more struggling to find the rent or meet the mortgage payments. You might imagine that all you have to do from now on is make enough to pay the bills and put food on the table....
What home issues do sellers have to disclose?
When you buy a home, you get a chance to walk through it. You can also hire an inspector and an appraiser. Even with all of this, though, the sellers are obligated to tell you about some issues with the home so that you know what you’re really buying. You shouldn’t...
How should you take title when you buy a new home?
When you decide to make an offer on a house, there are many considerations. When do you need to take tenancy of the property, what upgrades are critical to make before you move in and how you intend to fund the purchase are all major decisions. You also have to decide...
Why you need a thorough property title search before buying a home
If you’ve made an offer on a home and the seller has accepted it, one of the key next steps is a property title search. Typically, the title will simply reflect the names of the people who currently own the home. However, in some cases, a title search can uncover...
Should you tell a buyer if your home was a drug den?
Imagine buying a home and knowing that it had been used as a kind of “drug den” in the past. You buy it cheap, knowing that you can fix it up and turn over an excellent profit. After you do, there is a question as to your liability and if you should disclose what used...
Do you have to tell buyers about a murder or suicide in a home?
There are many factors that influence what price buyers are willing to pay for an individual piece of real estate. Location, the age and condition of the improvements on the property, the acreage and other amenities can impact whether a buyer wants your property and...
What does your home insurance really cover?
People know that they need home insurance. For those with a mortgage, they were probably told that they had to buy it to get the loan. They know it’s important to have coverage on their largest investment. But that doesn’t mean they read the fine print. They assume...
Life support costs could consume your estate savings
You have a deep and protective sense of love toward your family members, including your children and your spouse. That bond makes you want to do right by them and makes them want to do right by you. If something tragic happens to you and you die, you have probably...