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By Rochford Law Posted on November 28, 2019 at 11:45 AM

The Easiest Way to Analyze Commercial Real Estate

Commercial real estate can be a great investment. You buy a building, lease it to a company, and get a rent check in the mail each month. 

So how do you determine whether a particular piece of real estate is a good investment? There are several main factors: location, return on investment (ROI), appearance, and a clear title.

But first, what exactly is commercial real estate?

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Topics: Commercial Real Estate, Commercial Real Estate Law, Renting

By Rochford Law Posted on November 21, 2019 at 11:45 AM

What Can Go Wrong in a Real Estate Closing?

Buying a house is a lot more work than buying dinner, but after almost a month, it’s practically yours.

At least that’s how it feels. In reality, there’s a lot that can still go wrong, even down to the last minute of closing.

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Topics: Real Estate Closing, Closing Process

By Rochford Law Posted on November 14, 2019 at 11:37 AM

Five Tips to Protect Your Residential Property Investment

Real estate can be a great investment, but it’s not without risk. Houses burn down. Floods do damage. Tenants refuse to pay. How can you protect your investment?

Perhaps you’ve decided to invest in residential real estate—a home, apartment, or duplex that you’re going to rent out instead of living in. While no one can guarantee success, here are five tips to secure your investment and prevent financial loss.

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Topics: Lease, Residential Real Estate, Renting

By Rochford Law Posted on October 25, 2019 at 10:52 AM

Understanding Commercial Closing Costs

Buying a commercial property? Real estate transactions are complicated, and they come with a lot of fees during closing.

For the buyer, closing costs are generally between 3 and 5% of the cost of the property. Here are some of the different commercial real estate closing costs for buyers and sellers.

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Topics: Commercial Real Estate, Real Estate Closing, Selling Real Estate, Closing Process

By Rochford Law Posted on October 25, 2019 at 9:25 AM

6 Tips for Selling a Luxury Home

You’re getting ready to make what may be the biggest financial investment of your life—selling your luxury home.

In Tennessee, a luxury home is any home valued at more than $500,000, and selling one can be a lot of work.

Real estate agent Robin Ann Aggers, who has 16 years of experience and is a member of the National Association of REALTORS, offers the following tips.

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Topics: Real Estate Attorney, Selling Property, Selling Real Estate, Luxury Home

By Rochford Law Posted on October 21, 2019 at 9:00 AM

Why Title Insurance Matters in Real Estate Transactions

It feels like there’s insurance for everything these days. Title Insurance may seem like just another piece of legal minutia, but it’s actually a crucial part of buying property that can protect you from massive loss.

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Topics: Real Estate Attorney, Real Estate Title, Tennessee Real Estate Law

By Rochford Law Posted on June 25, 2019 at 10:36 AM

Buying Property in a Cash for Deed Transaction

Sometimes clients looking to cut costs on their next real estate closing have asked about the possibility of a "cash for deed." What does that mean, what are the risks, and how can this strategy save you money on your upcoming closing?  We will try to answer these questions for you.

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Topics: Real Estate Attorney, Tennessee Real Estate Law

By Rochford Law Posted on May 10, 2019 at 1:38 PM

Partition of Real Estate Property in Tennessee

Here’s a question we were recently asked: “My brother — who is incarcerated — and I co-own 133 acres of land in Tennessee. I want to sell but he doesn’t. There’s no way to fairly divide the property because of the dimensions of the land, much of which is in a flood plain. What can I do? And how are the legal fees paid?”

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Topics: Real Estate Attorney, Tennessee Real Estate Law

By Rochford Law Posted on April 17, 2019 at 12:02 PM

Amending Vital Records in Tennessee

Birth and death certificates are vital documents that we don't think too much about until we are acquiring the rights of property ownership or trying to prove identity. As crucial as these documents are, they aren't without error. Instances have presented themselves where some of the information was incorrect. False information on a birth certificate could delay access to healthcare or education. Inaccurate information on a death certificate impedes the dividing of assets bequeathed by the deceased — importantly the financial and real estate holdings. Fortunately, major and minor amendments can be made with the support of an experienced attorney.

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Topics: Residential Real Estate, Vital Records

By Rochford Law Posted on March 21, 2019 at 2:40 PM

Tennessee Mortgage Information: Who Signs the Mortgage and What to Expect

Buying property can be a great investment, but the purchase comes with a lot of paperwork. Lenders protect their money by requiring buyers to sign documentation associated with the loan. Various state laws require different paperwork, but Tennessee operates as a Deed of Trust state. Ultimately, a deed of trust is a legal document that ties the buyer and lender together until the loan is paid off. We take a closer look at what this means when buying property.

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Topics: Deed, mortgage, Nashville Real Estate Laywer, Real Estate Law, Residential Real Estate Law, Selling Property

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