Why Do You Need an Attorney When Buying or Selling a House?

Buying a houseBuying a house will probably be the most significant and the largest financial purchase you will make in your life. Of course, the house buying or selling process is one of the most complex and stressful things that requires much time, knowledge and a lot of effort, but not only. Also, this process involves the law of real estate, because each state has its own requirements and certainly there are different cases and problems demanding special issues of practice in this field of law. A real estate lawyer is specially trained and has enough experience to deal with these problems.  That is why you should start with a consultation with an experienced real estate attorney, who can help you avoid making any mistakes in buying or selling a house.

Home Buying Statistics

The 2013 National Association of Realtors (NAR) has conducted a Home Buyer Survey and it claims that 16% of purchased homes were new houses. The average price for a house was $210,000. The average price for a new house constituted $259,000, and for a previously owned – $196,000.

According to NAR in 2012 the average household income of buyers was $83,300.

Financial Crimes Enforcement Network (FinCEN) states that 69,000 suspicious activity reports to mortgage loan fraud were received in 2012. Here you will find more information about home buying/selling statistics.

Who are All of the Parties Who Could be Involved in Your Real Estate Closing?

Continue reading

Legal Cartoon

Compliments of Mark Anderson of Andertoons

Legal Cartoon

Compliments of Mark Anderson of Andertoons

Legal Cartoon

Compliments of Mark Anderson of Andertoons

Legal Cartoon

Compliments of Mark Anderson of Andertoons

Legal Cartoon

Compliments of Mark Anderson of Andertoons

The Great Role of State Child Protection When Minors Are Abused And Neglected

Everybody would agree that nothing is more important than protecting our kids. State Child Protection involves situations when parents are investigated by the state for neglecting or abusing their children.

The State Child Protection procedure:

  1. A report of suspected abuse or neglect is made to the appropriate state agency. child
  2. An investigation process of the report’s validity takes place. It is done through: interviews,  observations and reviewing documents concerning the child. 
  3. If at the end of the investigation the child is determined to be at risk, the child may be temporary taken out of their homes to ensure their safety.
  4. Usually the child is kept with their parents unless there is an definite safety concern.  
  5. Social services can provide rehabilitative services to children, parents, and other family members if it is necessary.  
  6. If the situation is serious, the Court will determine what should be done. If the accusations of abuse and neglect are true, the court may issue a Child Protection Order to keep the child safe.

Continue reading

Legal Cartoon

Compliments of Mark Anderson of Andertoons

 

Legal Cartoon

Compliments of Mark Anderson of Andertoons