As any parent with more than one child can attest, most people, including not only children but also adults, believe that if another person commits the first offense, then a counter, or retaliatory offense is justified. Such...more
Most anybody who works in real estate knows what a mortgage is. Simply stated, a mortgage is a lien against property given by the property owner to a lender to secure the repayment of a loan made by the lender to the property...more
One of the great things about being a real estate agent is that when a transaction closes, the agent gets paid his or her commission regardless of how much time and effort expended by the agent in connection with the...more
7/16/2020
/ Breach of Contract ,
Burden of Proof ,
Buyers ,
Compensation ,
Homeowners ,
Liquidated Damages ,
Real Estate Agents ,
Real Estate Brokers ,
Sales Commissions ,
Sellers ,
Withdrawal Liability
After months of searching, you have finally found the house of your dreams, and much to your delight the Seller has accepted your offer of $500,000. You deposit your $15,000 “earnest money” with the escrow company, and an...more
8/3/2015
/ Breach of Contract ,
Buyers ,
Damages ,
Default ,
Due Diligence ,
Home Buyer ,
Inspections ,
Land Titles ,
Lis Pendens ,
Mortgage Escrow Account ,
Remedies ,
Residential Real Estate Market ,
Sellers ,
Specific Performance