Contingency What It Does Why It’s Important Financing Time to secure a mortgage Protects buyers if loan falls through Inspection Checks for property issues Ensures acceptable condition Appraisal Confirms property value Avoids overpaying Title Verifies clear ownership Prevents legal Read more
Your Guide to Condominium Association Law
Category Unit Owners Board of Directors Financial Duties Pay fees and assessments. Manage budgets and reserves. Maintenance Maintain individual units. Oversee shared space upkeep. Rule Compliance Follow community rules. Enforce rules fairly. Decision-Making Vote on major issues. Handle daily Read more
Unmasking Mortgage Fraud: What You Need to Know
Type of Fraud What It Is Red Flags Occupancy Fraud Claiming you’ll live in the property but won’t. Vague or inconsistent plans. Income/Asset Fraud Faking income or assets for a bigger loan. Exaggerated or unverifiable details. Appraisal Fraud Inflating Read more