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Speak splain: I think Ricky Ricardo once told Lucy to “speak splain English.” As an investor, you should listen to Ricky’s words of wisdom. It’s often too easy for us to switch from speaking English to the other language we speak- legalese. By definition, legalese is the formal and technical language of legal documents that is often hard to understand. It’s the language we speak...
As you walk into a deed room, it can feel a little scary. First, you realize you’re in a vault in the depths of your local court house. Second, the thick steel doors that protect the deed room from fire and flood are similar to something from a 1930’s bank heist. You’re sure Bonnie and Clyde are looming somewhere close. And since you are on the bottom floor, it is often not...
When you put a house under contract to buy, you enter into a period known as “due diligence”. This gives you have a few days to check out the property. If you don’t like what you see, you can walk away with no questions asked. Most buyers will send a home inspector out to look at the house and an exterminator to check for termites. If you are purchasing the property as an investment, you...