When you make an offer on a new home, you have the option to include a contingency clause. In fact, your standard offer is going to contain numerous clauses that are all designed to protect you. But you do have the option to take these out or put them in as you...
Real Estate
Home inspection tips for Mississippi buyers
You will have many tasks to complete from the time you find your dream home until you close on the property. Following through on every element of the process protects you from getting saddled with a property in poorer condition than you first believed. One thing that...
What should a house seller disclose in Mississippi?
If you are putting up your residential property for sale, there are certain things you need to disclose to the potential buyer. If you fail to perform your disclosure duty, you may be liable for damages suffered by the buyer for failing. They could even sue you for...
Offers and counteroffers in real estate deals
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...
Quiet titles: What they are and why you might need one
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
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?
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?
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
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
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...
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Biloxi, MS 39530
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