It is hard to sell property with an encroachment. You should remedy the issue before you list your house.
Even if a seller will buy the house with an encroachment, it clouds the title and makes it difficult to get a mortgage.
You can sell a house with a reverse mortgage because you have the title, not the bank.
The process is like other real estate deals, except your lender has more provisions to meet. This is because the loan is increasing rather than decreasing.
With extensions you have up to a year to market and close your home sale.
A warranty deed is a vehicle the seller uses to convey title to the buyer.
there are many types, but this one has 6 covenants that guarantee that there are no encumbrances.
Lenders usually require this or they won’t approve a mortgage.
What does a real estate attorney do for a seller? Find out more about if you need one, how much they cost, and what they do.
Should you use a title company or a lawyer? 21 states require you to use a lawyer. Find out what a title company does.
Concessions in real estate usually mean sellers paying buyers’ closing costs.
While this is common, they can be tricky because of appraisal and tax issues. So, it may or may not be a good idea.
As an incentive when compared to a price reduction it may be a good strategy.