Fire Damage: Buyer’s Options

What happens if the house burns down before closing? Obviously, this leaves both the seller and the buyer in a quandary in terms of completion. So, assuming that there has …

Unpaid Deposits and the Contract

What happens if the purchaser doesn’t pay the deposit? Can the vendor get out of the deal? Can the vendor simply sell the property to someone else? The Courts look …

Irrevocable Clause ~ Improper Use

The irrevocable clause in an agreement of purchase and sale is simply the time limit imposed upon the other party to respond. The major criticisms of realtors concerning the use …

Real Estate for Entrepreneurs

One of the best opportunities for investment is owning your own building. This is a great advantage for small business entrepreneurs. If you have a location for your business that …

Swimming Pools

Swimming pools can add a lot of fun to your backyard, but when it comes to either buying or selling, there are certain issues that have to be considered. Generally, …

Phantom Offers

The real question is: does the phantom offer really exist! Maybe, and maybe not. A phantom offer, of course, is an offer which is make-believe, it’s imaginary, it’s simply pure …