real estate Archives

How can a lawyer help me complete a real estate transaction?

When Massachusetts residents are entering into real estate deals, a lot of money is at stake and everyone is out to protect their own interests. This is why not only it is essential to read the fine print carefully, but it is also vital to ensure the fine print covers all contingencies. Even a slight mistake, whether intentional or not, can bring a close to closing day. However, an ordinary citizen may not be aware what to look for or what to include, and this is where the seasoned and knowledgeable lawyers of Aitken, Chacharone and Power, P.C. can help.

What should I include in a real estate purchase agreement?

When one finds the house of their dreams and at a price they can afford, it can seem like all the pieces are finally coming together. However, if the purchase agreement is not drafted correctly, the pieces can all start falling apart and the property may end up going to someone else who is more prepared and has a better drafted document.

Is asset-based lending the right choice for me?

As business owners in Massachusetts are probably aware, cash flow goes up and down and it is important to weather the lows in order to reap benefits in the highs. Unfortunately, there are times when low cash flow makes it impossible for the company to keep functioning smoothly and the costs can no longer be met. Getting out of the financial crisis becomes the top priority of the business owner and one of the options availed is asset-based lending.

Who maintains real estate while on the market?

The unfortunate reality of the real estate market these days is that it takes time to sell a house. That's not to say its impossible-it just means that Massachusetts sellers need to be prepared for the house to remain on the market for a little bit of time before it is bought. And, this means keeping the house show ready almost all the time for potential buyers to look at. When the sellers have moved out of the house, whose responsibility does it become to keep the house maintained?

Helping tenants take control in real estate matters

As mentioned on last week's post, property managers are often engaged to handle investment estate and one of their tasks including the relationship between landlord and tenant. But not everyone has the luxury of engaging a property manager and those who do not, often end up having to deal with a landlord or tenant on their own.

The rights and obligations of property managers

Setting Massachusetts rents and collecting rent with respect to a real estate investment sounds simple enough. But, in reality, it is a time-consuming, detail oriented job that many cannot do as a part-time project. This is why people with investments in real estate consider hiring a property manager.

What should I expect to happen on closing day?

Buying a new piece of property is an exciting time in a Massachusetts resident's life-it takes a lot of time and effort to find the right place that fulfills what one expects in their house and when the day comes to make it one's own, future owners are understandably thrilled. But it is important to go through all the legalities on closing day to make sure nothing is left out and there is no complication in the title transfer.

Our firm offers support for real estate transactions

Buying a home or securing a space for a new Worcester business can be both exciting and nerve-wracking. Whether the real estate transaction in question is for a commercial or residential tract, a rental property or a purchase, there are many issues that must be addressed before the completion of the deal. And because there are so many steps that must be undertaken in order for the process to be completed, there are numerous opportunities for problems to introduce themselves into the transaction.

Buying a home is easier when you understand easements

When purchasing a home or property in Massachusetts, people often move forward with their purchases without a full understanding of important issues, such as boundary lines and easements. It is great to be excited about a real estate purchase, but buyers will find it beneficial to ask the right questions to avoid future complications.

Know what you are getting before making a real estate purchase

Whenever you make a purchase, it would seem obvious that you would want to know exactly what you are getting. You aren't going to buy a car without knowing the engine has seized, or a computer without knowing that the motherboard is damaged. The same is true with real estate. Whether you are purchasing property or a home in or near Worchester, Massachusetts, or anywhere throughout the United States, it is crucial that you know what you are getting before you sign on the dotted lines.

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