The real estate market offers a wealth of opportunities. However, venturing into the world of real estate purchases can feel daunting, especially for first-time buyers. The contingency clause is an essential element in understanding the process. Here is what it offers...
Real Estate
How appraisal inaccuracies can impact your mortgage application
Being able to afford a real estate purchase can depend on whether you get approval for your mortgage application. Some people with enough money might not need it, but most property buyers use this option to access adequate funding for a sale. However, numerous factors...
Pending sale: The buyer’s due diligence period
After several weeks of discussion with a property seller, you have now signed the contract to buy a house. Congratulations, you are one step closer to owning your dream home! You probably felt excited when the seller marked the property with a “pending sale” sign. But...
Title issues can delay real estate closing
At the closing stage, the last thing you want is a delay. Unexpected title issues can slow things down and cause unnecessary stress. Understanding the significance of a title search and the impact of any unresolved issues may help you approach the problems that crop...
What happens when sellers miss the closing date?
There may be times when a seller needs a little more time to finalize the closing of a property sale. In such instances, the buyer might offer flexibility and grant an extension. This is especially true if the reasons for the delay are valid. However, both parties...
Why closing procedures matter in real estate transactions
In any residential real estate transaction, the closing process is a crucial stage that requires the full attention of a buyer. Whether you are an experienced investor, or a homeowner involved in a substantial property deal, you must be able to understand its nuances...
What happens if a seller doesn’t move out by the possession date?
Buying residential real estate in Mississippi is a relatively slow process. First, hopeful buyers have to find the right property. Then they need to make an offer tempting enough to catch the eye of the seller. Then, there will be appraisals, inspections and sometimes...
Understanding quiet title actions in real estate
When it comes to real estate, legal issues can sometimes cloud the ownership of a property. One legal remedy to clear these clouds is a quiet title action. What is a quiet title action? A quiet title action is a legal process used to resolve disputes over property...
3 types of issues that could delay a Mississippi closing
Buying or selling a home is generally a multi-week process, if not an endeavor that lasts for several months. Buyers often think of the search and offer negotiation process as the longest and most challenging aspects of buying a home, while sellers may have to...
What happens to an easement when you buy a property?
If there's an easement on a piece of property, it means that someone other than the property owner is allowed to use it. However, they generally do not have the ability to use it in any way that they want. The easement is for a specific purpose, such as a driveway...
RSS Feed
Do You Have A Question?
Contact The Firm
1025 Howard Avenue
Biloxi, MS 39530
Telephone: 228-207-2990
Fax: 866-271-4393
Biloxi Office