Bridge Loans

A bridge loan is a short-term loan designed to assist a borrower in Alex's situation. When a borrower has sufficient equity in an existing home, the borrower can borrow against the equity in the existing home in order to finance the down payment on a new home.

The Fair Housing Act

In 1968, Congress enacted the Fair Housing Act (FHA). The law can be found at 42 U.S.C.S. § 3601.

Title Examinations

Al just found out that the offer he submitted to purchase his dream house was accepted by the seller. Al has begun working out the details of his mortgage loan with his lender. The lender advised him that a title examination is required as a part of the closing process.

Real Estate Negotiations

Parties often use negotiation as a technique by which to come to an understanding. The parties may or may not be represented by real estate agents or attorneys.

Residential Real Estate Sales -- The Final Walk-Through

In connection with a residential real estate sale, it is not uncommon for a buyer to "walk through" the house one or more times before the closing takes place.