As the real estate settlement industry hustles, and struggles, to catch up with the pace of technological advances (i.e. quicker closings, remote settlements where neither the Buyer nor the Seller attends the settlement table, etc.), one of the biggest changes is the...
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Real Estate
OWM Blog – Tax Assessment Appeals – Are your Real Estate Taxes Too High Because of an Inaccurate Assessment of Your Property?
Over the last decade there have been severe economic impacts to the value of real estate in Pennsylvania as well as the rest of the United States, causing inaccurate assessments of commercial and residential real estate. When an assessment of real estate is not...
OWM Blog – Real Estate Transactions and For Sale by Owner
Some of my closest friends, business associates, and new client referral sources, are realtors. Realtors do a wonderful job of assessing fair market value, marketing properties, finding Buyers and vetting their financial ability, negotiating real estate transactions...
Real Estate Law: Tips for Purchasing New Construction
Buying your first home, or any home for that matter, is usually a very exciting experience. It is even more exciting when you are purchasing new residential construction. However, it is important that you work closely with a realtor and your real estate attorney, to...
I’m Thinking of Buying a Rental Property…What Now?
If you are thinking about buying real estate that has rental units or tenants already on the property, you really should give some strong consideration to reviewing the leases ahead of time. This applies to residential properties (i.e. apartment units) and commercial...
OWM Blog – I’m Buying Real Estate from my Friend – Do I Need an Attorney?
Realtors play a great role in the buying and selling of real estate. The realtor will help the seller establish the listing price, and sales price range, and will help market the property, investigate potential buyers, prepare the Agreement of Sale, negotiate...
OWM Blog – What is Title Insurance and Why Do You Need It?
The above questions are almost always considered by those who are buying real estate or refinancing their mortgage, whether out loud, under their breath, or in their thoughts, as they ponder all the cost and expenses of a real estate settlement. Usually it does not...