In the late 1970s, American mortgage rates were on the rise. By the time 1981 rolled around, the interest on a fixed rate, 30-year conventional loans had swelled to an astronomical 13.74%! Needless to say, as loan payments ballooned, the housing market became a challenging arena. For buyers, homes that had previously been affordable were all but out of reach. For sellers, finding a buyer that was able to take on the staggering interest rates involved in financing their purchase seemed impossible. So people got creative.
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
In the world of real estate law, deeds frequently must be corrected. In fact, many property owners will eventually be faced with the task of making alterations to their deeds, and most will not know how to go about doing it. That is our topic for today, so we’ll start with the basics…
Enjoying its status as an “it city,” Nashville has been growing rapidly. With its economy in full flux, new businesses and residents arrive in Nashville constantly, and nowhere is this more evident than in residential neighborhoods. Once dicey, urban neighborhoods are now being rapidly gentrified as Nashville’s economy grows and young professionals invest in property.
As neighborhoods change and Nashville becomes more densely populated, many legal real estate issues are being forced to the surface. One such issue is that of horizontal property regimes (or HPRs).
Topics: Commercial Real Estate Law, Duplex, Horizontal Property Regimes, HPR, Nashville, Nashville Real Estate, News, Real Estate Law, Real Estate Lawyers, Real Estate Title, Residential Real Estate Law
Nashville-based Rochford Law & Real Estate Title announces company rebrand. The Law Offices of John Rochford and Rochford Community Title Company will now appear on RochfordLawyers.com.
Horton Group is pleased to announce the launch Rochford Law & Real Estate Title’s newly designed website RochfordLawyers.com. The website is built on the WordPress platform and features simple navigation and enhanced usability, making it easy for visitors to find the information they need.