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Gloria Smith's Articles in Real Estate

  • Explanation of an Offer to Purchase Real Estate Form
    It is common knowledge that for a home seller, the document he probably considers the most important and simply can't wait to receive is a buyer's offer to purchase notice. And why not? The moment the seller or his agent (whichever case may be) receives this document, it means that someone is really interested in buying the property and the buying process has officially started. Although it may take time before the purchase would be finalized and the purchase may not even push through (sometimes, some things happen which make the transaction just fall apart) but the offer to purchase signals the start of something.
  • Real Estate Contracts - Get Those Forms
    If you're involved in real estate, you know that every single transaction you go into, from the seemingly insignificant notices of past due rent to transfer of titles for properties, need to be recorded, properly documented and filed. In some instances, these documents need to be created from scratch, but in most cases, for contracts or notices that contain very basic information, generic or standardized forms will suffice.
  • The Tenant’s Tenets: Residential Lease Agreements
    As with everything in this world, real estate transactions are also governed by rules and this extends through the entire gamut of individuals who are, in one way or another, involved in the process. There are federal and state property laws which real estate agents and lawyers must be aware of.
  • Formalizing Rental Transactions
    It's sad that many people hardly spend time formalizing rental related transactions. In most cases, rental agreements (especially for small rooms and units) are done verbally or, if contracts are needed, not much effort is given in making the documents look more professional. Perhaps the reason for this is because the property is not changing hands, and the money involved is not substantial.
  • When It's All Yours: The Quit Claim Deed Form
    In real estate, there are times when the property being "sold off" does not rightfully belong to the "owner." This occurs when the property in question either belongs to the government (and the owner is holding a lease hold right), or when the property was not transferred properly (by death or other factors) from the previous owner to the end user. When you are involved in a transaction such as this, you have to make sure that when you indeed, decide to sell the property, the next owner will be assured that everything will be theirs.
  • Residential Units Specified
    The word residence can be used to describe all sorts of properties used for living. In prehistoric times, one’s residence could be a cave, a tree house, or a simple post and lintel structure. Today, not much has changed. Different structures can still be considered as residential units. Generally, residential units can be divided into two categories, namely: Apartments and Houses.
  • Wanna Share A Room?
    In some parts of the world, renting a house or an apartment; and then subsequently having the rooms rented out to other individuals, is a common occurrence. This practice, which goes by the terms subletting or flatting, is a form of living arrangement that is popular among young adults. Not only do they have a semblance of privacy and independence, since the maintenance and utility costs are shared, it also becomes quite economical for those involved.
  • Land Contract Forms Are Back In Style!
    Not many people are able to purchase properties, most especially real estate, in cash. Due to the volatile state of today’s economy, even those who live in relatively economically progressive societies find it hard to either let go of a large chunk of hard earned cash or secure a large amount of money. As such, most real estate transactions are not completed in one sitting, but over an extended period of time.
  • When The Tenant Has To Go
    You’re in a bind. The tenant of your house has just broken every clause you have stipulated in your lease agreement, and about half a dozen more infractions that should be reported to the police … well, maybe not that bad, but he is already becoming a nuisance, not just to you but to your neighbours as well.
  • The Checklist Every Landlord Needs
    One of the most taxing activities tenants and landlords must do is to conduct the moving in and moving out inspection of the property. The moving in “grand tour” of the property is done primarily so both parties would be aware of the present condition of the unit. This way, the new tenant would know how he should leave the unit at the end of his lease period.
  • 30 Days to Move Out
    What do you do when you, as a landlord, must inform your tenant that the duration of his tenancy as stipulated in the rental agreement you both signed, must be pre-terminated for reasons beyond your control?
  • Using a Quit Claim Deed
    Normally, when you put your property up for sale, you have to present a document, called a warranty deed, which states that you are the legal owner of the property and that the title you have on hand is the original copy. But what if you don’t have the title of the property yet you have the legal rights to it?
  • The Real Estate Sales Agreement
    Selling or purchasing a piece of real estate, be it a house, condominium, or an apartment, is probably one of the most important financial transactions a person will conduct in his lifetime. This single purchase is bound to affect the lifestyles of several people for years to come.
  • Know How to Negotiate
    If you think that negotiating is something only a buyer will do, you’re very much mistaken
  • All The Forms You Need For Your New Home
    Any transaction involving an exchange of money for products and/or services should be properly documented.
  • Common Problems FSBO's Face
    Many home owners opt to sell their properties without the help of a real estate agent because they no longer want to be burdened with the additional costs involved when dealing with professional realtors.

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