The Functions of an Escrow

Buying or selling a home (or other piece of real property) usually involves the transfer of large sums of money. It is imperative that the transfer of these funds and related documents from one party to another be handled in a neutral, secure and knowledgeable manner. For the protection of buyer, se

Your Savings and Down Payment

Your First Step Toward Buying a Home When preparing to buy a home, the first thing many homebuyers do is look at the real estate ads in newspapers, magazines and listings on the Internet. Some potential buyers read how-to articles like this one. The next thing you should do - before you call on an a

What is a Short Sale Anyway?

What Is a Short Sale, and Should You Do One? Most agents will tell you they handle short sales. Ask them how many they've closed. That question ends a lot of conversations, and it should. A short sale is not a listing with a lower price on it. It's a negotiation with a bank, sometimes also with a mo

Mechanic's Liens: The Bowie Seller Who Tried to Skip a $150,000 Contractor Bill: A Mechanics' Lien Story from Prince George's County

The Bowie Seller Who Tried to Skip a $150,000 Contractor Bill: A Mechanics' Lien Story from Prince George's County A true story from my files. The client's name, street and a few details are changed. General educational information, not legal advice; mechanics' lien law is technical and a lawyer sho