by kramoltz@hotmail.com | Jul 20, 2018 | Home Buying, Home Ownership
Exclusivity and Costs. Easements typically grant exclusive use of the easement area to the recipient unless they provide that the easement is nonexclusive. Of course, shared driveways should always be granted on a nonexclusive basis, and so should utility and drainage...
by kramoltz@hotmail.com | Jul 2, 2018 | Home Buying, Home Ownership
Impact on Property. The effect of an easement can be generally regarded as positive or negative. A “beneficial easement” benefits the owner of the land subject to the easement, such as one which enables utilities to be supplied to the property. A...
by kramoltz@hotmail.com | Jun 8, 2018 | Home Buying, Real Estate Facts & Figures
According to the NAR Profile of Home Buyers and Sellers, Millennials are the largest share of recent home buyers at 36%, with 65% of them being first-time buyers. Gen Xers are 26% of recent home buyers, with younger Baby Boomers coming in at 18%. Older Baby Boomers...
by kramoltz@hotmail.com | Jun 5, 2018 | Home Buying, Home Ownership
What are They? An easement is a permanent right of one person to use another’s real estate for some specific use. The area covered by the easement is typically a portion of a property, the area of which is calculated by a surveyor and depicted on a recorded document...
by kramoltz@hotmail.com | May 22, 2018 | Home Buying, Real Estate Facts & Figures
Housing price stats are often given through a “median price.” A median price is that which is right in the middle, so that half of the homes sold were priced more and the other half less. But they can be distorted by sales of homes at the fringes of the market...
by kramoltz@hotmail.com | May 14, 2018 | Home Buying
What if you sign a contract to buy a home but then don’t want to, or can’t, close? Can you designate someone to take over the sale for you? Under ordinary principles of contract law, every contract is assignable unless prohibited, so you should be able to. Some...
