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In the law of the sale of property (both real estate and personal property or chattels) a latent defect is a fault in the property that could not have been discovered by a reasonably thorough inspection before the sale. In relation to a construction contract, a latent defect is a fault in the property or its underlying site which comes to light ...
Talk with a real estate agent. Experienced real estate agents know the local market and can provide market-specific advice on what buyers in your area value most. Get a pre-listing inspection.
Home inspections identify problems but building diagnostics identifies solutions to the found problems and their predicted outcomes. A property inspection is a detailed visual documentation of a property's structures, design, and fixtures.
Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual more conventional real estate contracts, a seller does not provide a loan to the buyer; the contract either does not specify a loan or includes provisions ...
Jacob from Macon, Georgia, is facing such a challenge. He seems to be on the verge of living debt-free and securing his family’s financial future. All he has to do is sell a second home he owns ...
A variety of reasons for a Phase I study to be performed exist, the most common being: [5] Purchase of real property by a person or entity not previously on title. Contemplation by a new lender to provide a loan on the subject real estate. Partnership buyout or principal redistribution of ownership.
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.
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