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Real Estate

Handling the breach of a real estate contract

People and businesses generally expect the details of a contract to be honored once it is signed. Whether it is landlords or tenants, contractors or customers, construction companies or owners, the reason contracts are signed is to make sure that a party’s actions...

What is the tenant improvement allowance?

Residential rental properties will often get a fresh coat of paint before new tenants move in. Commercial spaces, however, will often need more work to accommodate the unique needs of the business tenants. This is generally paid for through a tenant improvement...

5 Tips for getting a house ready to sell

Selling a home or property is one of the biggest business deals that most Americans will ever handle. This can lead to a lot of stress and even frustration. While different real estate experts have different approaches to preparing a property for selling, owners can...

6 Tips for buying commercial real estate

The family home will be most American’s biggest investment. However, many individuals and businesses engage in buying commercial property. The purchase of commercial property involves the same concepts as residential property, but there are often different issues. And...

FTC shuts down overseas real estate scam

Real estate investments can be risky, particularly when it is for property outside the United States. Serial scammer Andris Pukke and others have now been charged with swindling more than $100 million out of American investors for property located in Belize. According...

Commercial tenant rights in Ohio

Commercial tenants in Ohio enjoy many of the same rights as residential tenants. But really, it breaks down to the lease contract that both sides sign to determine what those rights and obligations are. Experts agree, it is always crucial to go over important...

Best to save that home equity for emergencies

Home equity can come in extremely handy for keeping you financially afloat during retirement or long-term illness. However, it should not be regarded as an ATM to be emptied whenever you feel like it. According to the Associated Press, American homeowners are sitting...

Multigenerational home buying on the rise

It was recently reported in the New York Times that 64 million Americans live in multigenerational households, which is double the number it was 50 years ago. The reasons for doing this are many, including saving on the cost of care for the young and elderly and the...

Should I rent a commercial space, or buy?

Let’s say that you are a business owner and you are ready to expand into a brick-and-mortar location. There are several questions that you will have to consider. One of the most important is whether you would prefer to rent your commercial space or buy it. Renting...