Real estate attorney

Section 1031 of the Internal Revenue Code provides for the tax-deferred exchange of investment properties. That complicates the task of acquiring vacation property using such an exchange, but does not make it impossible. If you are planning such a 1031 exchange, do it with investment properties that you occasionally use yourself,... more »

For what could be many different reasons, you have elected to turn your home into a rental property. Perhaps you tried to sell it and couldn't, or maybe you may be returning to the home in a year or two. In any event, you have chosen to rent it out, but where do you begin? These steps will walk you through the process of turning... more »

The documentation required for a home refinance includes W2 forms, last two weeks' pay stubs, tax returns and a loan application. It may take up to two weeks to gather this information. The documentation is necessary to assist the underwriters in determining the viability of the loan. It helps determine the likelihood that the loan... more »

A lease-option is an agreement between a buyer and a seller that allows the buyer to lock in the future purchase price, save money for a down payment and buy the property in the future at current prices. It can prove to be a win-win situation. more »

Buying a pre-foreclosure home is generally a tedious and drawn-out endeavor, but the upside can be worth the effort. Since the seller is usually motivated to avoid the foreclosure proceedings, investors can purchase a new home or investment property at a substantial discount.
Many times, a pre-foreclosure home can be purchased via... more »