HOMEBUYING HAZARD AHEAD!!!! Tom’s cautionary advice before you consider purchasing a ‘flipped house’!! With real estate prices escalating at full throttle and the growing interest in home fixer-upper projects, we’ve seen more and more people try their hand at flipping houses. House flipping involves purchasing a home that ‘needs work’, renovating and repairing it to…
All throughout cooking school, you’ve been working towards one goal…opening your own restaurant some day. That day has finally come. You found the perfect commercial space for your new restaurant. It’s a centennial house with all the charm and appeal that you are looking for. The space was used as a high end day spa…
Patent and Latent Defects Courts have long recognized that a seller has an obligation to disclose certain information to a buyer in the context of a real estate transaction. With respect to defects, the extent of the seller’s obligation to disclose information to the buyer will depend on whether the defect is patent (obvious or…