How to Prepare for Due Diligence in Real Estate Law
I’m often asked to perform a due diligence audit on a real estate or business transaction. A due diligence audit is an investigation into important or material items that can affect a transaction’s outcome. And it refers to the care that a reasonable person...
Why Hire a Real Estate Attorney? Things You Need to Know
If you’re new to real estate investing, hiring an attorney to handle a real estate issue can be pretty daunting. Here are some major concerns that I often hear from newer real estate investors from all over the country. Attorney Fee Structures The first item that...
The Right Way to Write a Purchase Offer
I’m looking right now at a purchase agreement that a client brought in the other day. He’s a real estate investor and it’s a “one-page purchase agreement.” He’s a real estate investor and he’s purchasing a property for $75,000. He downloaded this purchase agreement...
Quit Claim Deed vs. Warranty Deed
I’m often asked the difference between a warranty deed and a quit claim deed. Both convey or purport to grant title to property, but they’re legal documents and they have very different legal outcomes. Warranty Deed – Guarantee First, a warranty deed is a type...