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Month: March 2021

What if a Seller decides they no longer want to sell their property?

Once an offer is properly accepted on a piece of real property and a deposit paid, that offer is a binding contract. The same is true after a purchase and sales agreement is finalized and signed between parties to a real estate transaction. If the Buyer were to refuse to move forward and purchase the …

What if a Seller decides they no longer want to sell their property? Read More »

What is a Declaration of Homestead?

What is ‘homestead?’ Homestead protection is available for owner-occupied, residential one to four-family homes, condominium units, cooperative apartments and for manufactured homes, which in each case serves as the homeowner’s principal residence.  Co-owners of a home ‘share’ the exemption amount. A homestead estate exempts a certain amount of the equity of a home from attachment, …

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