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Real Estate Newsletters

Mortgage Loans with Balloon Payments

A mortgage loan with a balloon payment provision is very different from a traditional mortgage loan. Usually, mortgage loans with balloon payment provisions are second mortgages as opposed to first mortgages (also known as purchase-money mortgages).

Negligent Misrepresentation in Real Estate Transactions

Real estate transactions present situations in which negligent misrepresentation can occur. Negligent misrepresentation, insofar as the area of tort law is concerned, is usually defined by state law.

Recognition and Prevention of Carbon Monoxide Poisoning

Every year, numerous people suffer ill health effects as the result of carbon-monoxide poisoning. Carbon monoxide is a poison gas which has no color or odor. Thus, it can easily go unnoticed in the home.

Settling Uncertain Boundary Lines

Often property owners do not know the location of the exact boundaries of their property. Unless the property has been surveyed by a professional surveyor, the issue may be unclear. Alternatives are available to help neighbors settle uncertain boundary lines.

The Foreign Investment in Real Property Tax Act

Congress enacted the Foreign Investment in Real Property Tax Act (FIRPTA). The law can be found at 26 U.S.C.S. §1445.