Author / brkseven
homes for sale

Selling Your Home in a Buyer’s Market

Navigating a Buyer’s Market: The Importance of Flexibility in Real Estate Sales In the ever-changing landscape of residential real estate, market conditions can shift rapidly, transitioning from a seller’s market to a buyer’s market. In such scenarios, homeowners must adapt their strategies to effectively market and sell their properties. The key to success in a...CONTINUE READING
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Landlords and Renters

Renters and Landlords in Today’s Rental Market

Rental Market Trends: A Landlord’s Perspective Recent trends in the rental market reveal a continuing decline in rental prices across the United States, marking the 15th consecutive month of year-over-year decreases. In October 2024, the median asking rent fell by $14, or 0.8%, bringing the average rent down to $1,720. While this provides relief for...CONTINUE READING
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lease-options lega

ARE LEASE-OPTIONS LEGAL IN THE USA?

Real Estate Lease-Options: Legal Overview and Key Considerations Real estate lease-options, also known as lease-to-own or rent-to-own agreements, and many other variations, are generally legal in most jurisdictions. In the many real estate fields, they can be pretty common, while they are less frequently transacted in residential real estate, where consumers and professionals are generally less experienced, sophisticated and trained in favor of the simpler, main stream conventional sales. However, there are areas of the country where people...CONTINUE READING
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real estate attorneys and title companies

ATTORNEYS OR TITLE COMPANIES FOR REAL ESTATE CLOSINGS

Summary of which states require attorneys for real estate closings and which allow title companies to handle closings: States Requiring Attorneys for Closings Several states require licensed attorneys to be involved in or conduct real estate closings: Key Points About Attorney Requirements States Allowing Title Companies Many states allow title companies or other non-attorneys to...CONTINUE READING
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Transfer fees in real estate

REAL ESTATE TRANSFER FEES

Real Estate Transfer Fees, also known as transfer taxes, vary significantly by state, county, and sometimes even by city or municipality within the U.S. Here is a general overview based on common practices: Remember, these rates and practices can change, and local regulations might apply different rates or additional fees. For the most current and...CONTINUE READING
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