» Real Estate
Buying or Selling Your Home Without a Real Estate Agent — FSBO Sales and Purchases
May 16th, 2022
When you consider buying or selling a home, one of the first decisions you need to make involves whether to use a real estate agent. Since most buyer and seller agents use exclusive agreements which limit your rights in the sale or purchase of your h…
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Categories: Real Estate
Considerations For Buying or Selling Real Estate with a Land Contract
May 2nd, 2022
Many potential homebuyers are still recovering from recent economic downturns. They may have income but a low credit score, or have gone through a bankruptcy, a short sale, or incurred debt due to medical bills or other financial issues. Whatever the…
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Categories: Real Estate
Conditions to Include in Your Real Estate Purchase Agreement in Today’s Competitive Market
December 29th, 2021
The current real estate market is hot and generally favors the seller. It is largely driven by two factors: increased demand from buyers, and a low supply of available real estate listings. Once you’ve found your new home, the next step is to prepa…
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Categories: Real Estate
What to Consider When Buying a Condominium
December 9th, 2021
What is a Condominium? Condominium living has become very popular in Michigan, particularly in cities and vacation spots. In an effort to regulate the growth of condominiums in Michigan, the Michigan Condominium Act was enacted in 1978, and amended o…
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Categories: Real Estate
Due Diligence: What Should a Homebuyer Know?
September 7th, 2021
Your home is one of the largest purchases you will ever make. But when buying a home, many homebuyers do not know what they need to do during the period of time after they sign the purchase agreement and before the real estate closing. This is known…
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Categories: Real Estate
Why Should I Have A Real Estate Contract Attorney When Buying a House?
November 5th, 2020
For most people, purchasing a house is the biggest investment they will ever make. Consequently, a homebuyer must have a full and complete understanding of the home buying process in order to protect themselves. While there are numerous complex docum…
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Categories: Real Estate
Do You Need Title Insurance When You Buy a Home in Michigan?
August 10th, 2020
Buying a home involves a significant investment of time and money. The settlement process involves complex documents and numerous details. One aspect that buyers and sellers often ask about is title insurance. They frequently wonder if it is really a…
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Categories: Real Estate
What Is a Lady Bird Deed / Enhanced Life Estate Deed in Michigan?
August 3rd, 2020
A lady bird deed (or ladybird deed), also called an enhanced life estate deed, is an estate planning tool that avoids probate and accomplishes other estate planning objectives. It is not like a common deed that transfers fee title to real estate, but…
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Should You Consider a Cottage Trust For Your Family Vacation Home?
April 23rd, 2020
Many Michiganders own a family vacation home or cabin up north or elsewhere that holds a lifetime of memories and is an integral part of the family’s legacy. But what happens to the property when the original owners (usually the parents) pass away?…
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Michigan Seller Disclosure Act Requirements for FSBO (For Sale By Owner) Residential Real Estate Sales
March 26th, 2020
Under a state statute, the Michigan Seller Disclosure Act (SDA), every seller of residential real estate that includes between one and four dwelling units is subject to specific disclosure requirements. The law applies to many types of residential re…
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Categories: Real Estate
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