The closing process is one of the most important aspects of purchasing a new home. It's a life-changing event and if you're reading this because you're starting the process — congratulations! It's the final step of a long journey and comes with a variety of measures to make the entire transaction legal and usually ends with a set of new keys in your hand. The ceremony of events includes the signing of documents and payments. It can take quite some time. Each part is essential, and understanding what you are getting yourself into will make the entire process run a bit smoother. We've answered some of the most common questions about the closing process.
John Cobb Rochford of Rochford Law & Real Estate Title, a well-respected member of the Nashville legal and real estate community, is pleased to announce course offerings in collaboration with Greater Nashville REALTORS®.
Topics: Nashville Real Estate Law
As a real estate attorney in Nashville, I’ve seen countless mutually beneficial real estate opportunities in which all parties benefit from the transaction and leave our offices smiling. On the other hand, however, I’ve also worked with a number of well-intended clients who have fallen victim to a real estate scam or need our help extricating themselves from the web of an unscrupulous developer/investor. Because we’d much rather leave the closing table to a sea of all-around smiles, we decided to put together a post on some of the most common real estate scams and questionable property flipping schemes. Knowledge is power.
If you’re planning to buy real estate, as exciting as that can be, there’s also a lot that can go wrong. As such, it is very important that you are familiar with the dangers involved in making investments like this, and take steps to keep your property safe.
Topics: Commercial Real Estate Law, Judgement Lien, Lien, Mechanic's Lien, Nashville Real Estate Law, Nashville Real Estate Lawyer, Real Estate, Real Estate Attorney, Real Estate Law, Real Estate Title, Residential Real Estate Law, Tax Lien
Buying and selling property and building a robust real estate portfolio can be an exciting experience for both parties, especially when profit, or gain, is part of the equation. Gain happens when property appreciates in value or when the seller takes advantage of depreciation deductions for tax purposes. In either case, it’s important to understand tax ramifications of your real estate transactions and how to make the most of your investment dollars. A 1031 Exchange may be a great option for maximizing your investment and getting the most out of your next commercial real estate investment.
Topics: 1031 Exchange, Commercial Real Estate, Commercial Real Estate Law, Nashville Real Estate Law, Property Tax, Real Estate, Real Estate Attorney, Real Estate Law, Real Estate Title, Residential Real Estate Law
Since Congress passed the ESIGN Act in 2000, electronic signatures (or e-signatures) are quickly eclipsing traditional wet signatures as the legal standard. This is as true the real estate arena as any other, and it’s no wonder. Electronic signatures have done almost as much to bolster security in the signing of documents as they have convenience. However, electronic signatures are not without nay-sayers.
Topics: Commercial Real Estate Law, Docusign, E Signatures, Electronic Signatures, ESIGN Act, Nashville Real Estate Law, News, Panda Doc, Real Estate, Real Estate Law, Real Estate Title, Residential Real Estate Law