Owning Property with Minors. Not a Good Idea.

Owning Property with Minors. Not a Good Idea.

We are often asked to add a minor child’s name to the title. The reasons vary from not wanting to prepare a Will to trying to get the lower tax rate for primary residence. The disadvantages of putting your minor child’s on the deed far outweigh the reasons for doing...
It Is Worth What!?!??

It Is Worth What!?!??

The dreaded call that all agents hate to make, “Sorry Seller but the house did not appraise for the purchase price.” So what happens next? If  the contract contains an appraisal contingency, Paragraph 6E of the Central Carolina Realtors Association...
New Construction Surveys

New Construction Surveys

When buying a newly constructed home, clients often wonder if they should purchase a land survey (plat).  Buyers often express a belief that new construction means nothing could be wrong.   Lawyers believe a land survey should be prepared for almost all closings, and...
Just Put Your Initials Here, Sir!

Just Put Your Initials Here, Sir!

Buyer makes an offer to the seller. Seller adds a material term to the contract in his own hand-writing.  Seller initials the addition and sends the contract back to the buyer. Buyer scratches the additional term and initials the deletion. Contract is then sent to all...
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