Today, we discuss the risks that come with property acquisition.
In today’s real estate market, home purchases may not always result in what you expected. It’s not just the property itself, but also the hidden traps of the contracts that can bite you. Whether you are buying a new or existing home, duplex, triplex, or commercial property, there are many legal matters to consider.
Buying a home can be a time-consuming and daunting process, especially with the ever-changing regulatory climate. But did you know that some title insurance providers may be exposed to the risk of future licensing or regulatory requirements?
If you don’t protect yourself right away, it will be too late — after your money is lost.
Listen to this episode and learn how you can protect yourself.
Highlights of the episode:
00:01:08 Letter of Intent
00:04:10 Endorsement Offer
00:05:59 Phase One Environmental
00:08:23 City’s Police Power
00:09:04 Concerning Bank Documents
00:13:00 Closing Instruction Letter
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