| Wrap-Around Mortgages |
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| A wrap-around mortgage refers to a type of loan transaction. With a wrap-around mortgage, a lender (often the seller of property) assumes or continues responsibility for an existing mortgage and makes a new mortgage for an additional sum which essentially "wraps" around the old mortgage, because the lender will make the payments on the old mortgage.
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| Buying Houses in Foreclosure |
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| It may be difficult to find bargains in the real estate market. However, it may still be possible for deals to be found on properties in foreclosure or following foreclosure.More... |
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| Right-to-Farm Laws |
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| Almost every state has enacted some type of right-to-farm law. In essence, the laws protect farmers from lawsuits by neighbors. Typically, the laws create a presumption that a farmer's existing agricultural pursuits do not create an actionable nuisance.
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| Residential Real Estate Sales -- The Final Walk-Through |
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| In connection with a residential real estate sale, it is not uncommon for a buyer to "walk through" the house one or more times before the closing takes place.
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| Home Warranties |
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| In today's real estate market, it is not uncommon for either a buyer or a seller to purchase a home warranty. Such warranties usually cover appliances, as well as the systems within the house, including heating/air conditioning, electrical, and plumbing. Typically, the cost ranges from $350 to $500 for an average home.
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