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This year, Maine will become the 40th state to allow remote online notarization (RON). The new state standards take effect in July 2023. The American Land Title Association (ALTA) supports this move. ALTA is backing remote online notary legislation at…
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Homeownership: An Upper-Class Thing Now?
From the grocery checkout to the electric bill, prices have shot up. Same goes for real estate. Most people in the United States simply don’t have the same ability to buy a home as the people of their parents’ and…
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It’s Complicated: A Six-Step Plan to Buying a Teardown
Given the high price tags on existing homes today, some buyers are taking longer looks at cheaper, outdated homes. For the right buyer, purchasing a teardown can make financial sense. To buy an eyesore and put a new house in…
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Leaving My Condo: Should I Sell—Or Rent It Out?
Moving out of your condo? Wondering if holding onto it and renting it out could be a better move than selling it? You’ll find pros and cons to both options. Let’s explore a few of them.
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2023-2028 in Real Estate: What Can We Expect?
Since last year, we’ve seen a real estate reset. Now that analysts are getting used to this new market phase, how have expectations shifted? What’s ahead for this real estate roller coaster? A buyer’s market? A return to balance? Frustration…
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Brands Are Staking Out Real Estate in Web 3.0. Is This the Next Social Media?
Jamestown, a $13 billion real estate investment and management company, sees the metaverse as a place to explore real buildings. The company’s been investing in metaverse infrastructure and design firms. What is the metaverse? It’s a new phase of the…
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Heirs, Protect the Seniors in Your Life From Deed Theft
A 91-year-old Floridian recently sent a payment to his insurer. Then the agent called to say the company wouldn’t be able to renew the homeowner’s policy. The deed had been transferred. The home was now legally owned by another person.…
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Does Your Mortgage Really Need an Escrow Account?
In 2018, United Wholesale Mortgage (UWM) decided it would offer an option to people who applied for mortgages backed by Freddie Mac or Fannie Mae. The borrowers could have escrow-free loans, at no extra charge. Even if their down payments…
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What Jerome Powell’s Up To (And Why Home Buyers Care)
The chair of the U.S. Federal Reserve, Jerome Powell, calls the shots for U.S. monetary policies. And yes, we could say the recent change in the real estate market has a lot to do with the Fed. Chair Powell, concerned…
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The Path Ahead for Blockchain, Web 3.0, and Crypto Real Estate
Between recession fears and a multi-billion-dollar scandal involving the now-infamous Sam Bankman-Fried and friends, all things crypto were on the defensive in 2022. Can they recover in 2023? And what about blockchain in the property investment area? Any signs of…
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Your Mortgage and the Law: An Overview
A mortgage loan is an ordinary part of financing today’s home purchase. It transfers a lien — a legal claim on a piece of real estate — to the lender, to secure the home loan. This lien is there to ensure…
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Home Flipping: It’s Not Getting Any Easier
Some home flippers are taking a step back from the real estate market. Predictions for 2023 point to a cluster of hurdles for anyone who’s renovating and selling: On account of these speed bumps, home flippers’ profits have plunged to…
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Can I Stop Development (Or Other Nuisances) Near My New Home?
Looking at homes near undeveloped land? Found some real estate with a great view, and perfect privacy? Maybe too perfect, you think. Because it looks like a space developers would love, too. What if they build houses or apartments in…
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Pennsylvania Sues Broker for Recording Sneaky Liens on Homes
The Harrisburg office of Attorney General Josh Shapiro recently announced a lawsuit against Amanda Zachman, founder of MV Realty, and the company itself. A.G. Shapiro slammed the company for misleading Pennsylvania homeowners with a so-called Homeowner Benefit Program and recording liens on…
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Up in Smoke? Know the Risks of Buying Real Estate in Wildfire Country
Recently, Redfin has been sounding the alarm about a particular real estate trend. People are building in dry areas with high fire risk. This is happening in a decade that’s seen unprecedented losses to fire. The Wildland Urban Interface (WUI)…
