Handling A Wide Variety Of Matters
Most commercial mortgages, and many residential mortgages, contain balloon language. Even though the monthly payments could be based on a fifteen year or longer amortization, the obligation is now due and payable and the outstanding principal balance must be paid in...
Buyers and Sellers spend a great deal of time negotiating the best price when contracting for real estate. However, they often overlook payment of the closing costs when agreeing to the final price.The following is an example of how closing costs are allocated by a...
All buyers-including cash buyers-should obtain a survey of the property prior to closing. In addition to showing the precise location and boundaries of the property, a survey will disclose whether there are any neighboring fences, walls, concrete slabs, parking...
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