Real Estate Frequently Asked Questions

In real estate earnest money is a deposit made to a seller showing the buyer’s "good faith" in a real estate transaction. Some state laws state that real estate contracts must contain a consideration to be valid. This amount could be as low as a dollar.

A Tax Certificate is legal document, representing unpaid delinquent real property taxes, non-advalorem assessments, including special assessments, interest, and related costs and charges, issued in accordance with state statutes, against a specific parcel of real property and becoming a first lien thereon, superior to

Restrictive covenants are deed restrictions that apply to a group of homes or lots in a specific development or 'subdivision.' They are normally drafted and put in place by the original developer, and normally different for every

If any given situation has deteriorated to the point that a property owner refuses to live up to the terms of a deed restriction

Anyone can enforce or seek to enforce a deed restriction. Deed restrictions are contracts between and among all property owners who live in a single subdivision

Deed restrictions are for your benefit. They establish certain rules that must be followed by

Deed restrictions are terms and conditions that are part of the deed to your property, and

Besides making my monthly mortgage payment, and waiting years to build up equity in your house, there are a few other things you can do: