The constitution gives the government power to acquire private property for public use, such as roads, schools or public buildings. This can happen even if the property owner does not intend or wish to sell the property. However, the government must pay just...
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Philadelphia Real Estate Blog
What can you do about a noisy neighbor?
Whether you have been in your home for years or just moved into a new place, you have every right to enjoy your property. Very few people live in completely isolated areas with no neighbors. This means that you’re going to have to share a part of the road or avenue...
Do you keep your engagement ring if you get divorced?
When you got engaged, your significant other gave you an engagement ring. It’s very expensive and incredibly important to you. During the course of your marriage, you simply thought of this as an asset that you owned together. But now you and your spouse have decided...
New home buyers make these 5 mistakes
Around this time of year, people are buying their first homes. Home buying is stressful and many first-time home buyers rush into a purchase without checking off all their boxes. Before you buy a home, you may want to make sure you have everything covered. Here are...
2 mistakes to avoid when investing in a commercial property
Commercial real estate investment can be a rewarding venture. Done right, this can be a great source of income even during shaky economic times. However, mistakes do happen. And some can be quite costly. Here are costly mistakes that you need to steer clear of when...
Could a title blemish delay your home sale?
The title records maintained by the county recorder's office help show who owns a property. When there are questions about the actual owner or the quality of the title, a title search can quickly resolve the issue in most cases. Those title records don't just show...
What happens if you end up underwater on your mortgage?
Buying real estate can be an unpredictable and stressful process. Most homeowners in Pennsylvania have to save for years to accumulate a significant down payment. They will then leverage the capital that they have set aside when making an offer on a property. In...
What could cause your home to fall out of escrow?
If you have ever shopped for a home you may have heard the term “fell out of escrow” from your real estate agent about a property you've been looking at. Although you may react with a polite groan of sympathy for the seller, that’s generally good news for you as a...
The 3 types of construction defects
Construction defects can lead to significant issues with your building. If a construction team does something wrong or uses poor materials, a defect could happen. Alternatively, poor designs or other deficiencies could lead to defects that leave your property...
What’s special about a late-in-life in divorce?
People think that a marriage that’s spanned decades is one that will continue to last. While this is true in many cases, grey divorce is also common. There are some unique challenges that come with this type of divorce, so you have to be sure to think about these if...