You finally found a home you like in a neighborhood you can afford, and you love the whole area’s vibe – so you put in an offer that you thought was fair. The seller didn’t outright reject your bid, but they did come back with a proposal that would change some terms...
Real Estate
Quiet titles: What they are and why you might need one
On Behalf of Hornsby Watts, PLLC | Feb 4, 2022 | Real Estate
If you intend to buy or sell property here in Mississippi, one issue that can arise is a dispute over the true owner of the property. As we referenced in an earlier blog entry, purchasing title insurance when you close on a real estate deal protects you from the...
Here are the essential components of a real estate contract
On Behalf of Hornsby Watts, PLLC | Jan 5, 2022 | Real Estate
Real estate purchase is probably one of the most important transactions you can ever undertake. Right from the shopping to the day you are handed your keys, it is crucial that you understand the legal requirements of closing a real estate deal, as well as your rights...
Why do you need title insurance when you buy a house?
| Oct 7, 2021 | Real Estate
As you go over the financial statements about the closing on your new home, you may notice what seems like a duplicate charge. Those with a mortgage will have to pay for two forms of title insurance. Although you may cancel the borrower's policy, you will absolutely...
Do you get your new home as soon as you close?
On Behalf of Hornsby Watts, PLLC | Jul 30, 2021 | Real Estate
The home buying process can take some time. You make an offer, it may get countered, you have an inspection done, you talk to a lender about getting a loan, etc. It can feel frustrating, at times, if you just want to move into your new house. But there are a lot of...
4 reasons you need an attorney present at your real estate closing
On Behalf of Hornsby Watts, PLLC | Jun 16, 2021 | Real Estate
For individuals and families alike, buying a home generally represents the largest financial transaction they will ever encounter. That said, no matter the level of excitement and anticipation, the residential real estate closing should be approached with caution....
Real estate closings: Legal FAQ
On Behalf of Hornsby Watts, PLLC | Jan 8, 2021 | Real Estate
You do not want to make any serious mistakes during a real estate closing, whether you’re buying or selling the property. There is far too much money on the line to take that type of risk. Working with an experienced attorney may help, but let’s start by breaking down...
The right contingencies protect you when buying a new home
On Behalf of Hornsby Watts, PLLC | Nov 3, 2020 | Real Estate
Buying a home can be a source of long-term stability and financial improvement, but there is plenty of risk involved as well. You generally need to make an offer after possibly only seeing the place one time. Competitive markets in recent years have led to people...
Don’t let misrepresentations and title issues derail your deal
On Behalf of Hornsby Watts, PLLC | Jul 8, 2020 | Real Estate
There’s a lot at stake when dealing with real estate matters. Hundreds of thousands, perhaps even millions, of dollars can be on the line, and commercial developers and business owners can have their future prospects jeopardized if a real estate deal goes bad....
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