| Flipping Scams |
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| In recent years, so-called "flipping scams" have received widespread attention in the media. How does it work? More... |
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| Options to Purchase Real Estate |
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| Briefly stated, an option refers to a party's right to purchase real estate within a specified period of time.
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| Home Warranties |
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| In today's real estate market, it is not uncommon for either a buyer or a seller to purchase a home warranty. Such warranties usually cover appliances, as well as the systems within the house, including heating/air conditioning, electrical, and plumbing. Typically, the cost ranges from $350 to $500 for an average home.
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| The Statute of Frauds |
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| A "statute of frauds" refers to a statute that requires certain types of contracts to be in writing and signed by all parties in order to be enforceable. The matter is largely one of state law and state law varies from state to state. More... |
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| Home Mortgage Disclosure Act |
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| In 1975, Congress enacted the Home Mortgage Disclosure Act (HMDA). The statute can be found at 12 U.S.C.S. § 2801. More... |
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