If this is your first time dabbling in real estate or you are currently in the process of purchase property in the Carnegie area, there are some reasons why your lender may require you to purchase title insurance. You cannot look at a house and know its complete history. Also, you should not assume that the seller is going to disclose all issues that may exist with the title.
For many Pennsylvania drivers, the freedom of being able to get in their car and travel from one destination to another provides an unlimited degree of flexibility, convenience and enjoyment. However, because there are distracted motorists, bad weather conditions and even poorly designed vehicles, every driver is at risk of danger no matter how careful he or she may be.
As a parent, you likely do everything you can to keep your children safe. This includes using the proper car seat when you are traveling in Pennsylvania. However, the recommendations about car seats seem to be changing quite a bit. You may not be completely up to date on what the rules are, especially when it comes to keeping your child rear-facing.
Optimism is the word for real estate investors these days. As sales of existing homes continue to rise, and interest rates for home loans stay relatively low, some investors are poised to enjoy their best year in quite some time. But if there is one thing that can derail an investor’s success, it is tax liability.
Whether you are driving on I-79, I-376 or the Turnpike, you know that Western Pennsylvania highways do not have a shortage of tractor-trailers on them. Unfortunately, these behemoths are still causing far too many accidents in our region. Many of these accidents result in catastrophic injuries or even death to innocent drivers and passengers.
There are a range of real estate transaction types in Pennsylvania. Whether you are buying or selling, it helps to become familiar with the different options. One that is becoming more popular is a short sale. As explained by bigger Pockets, a short sale is when the home is sold for less than the amount that is owed to the bank. If you are the seller, you may make an agreement with the bank to settle your account for the full sales price, meaning you would not have to pay the remaining balance on your mortgage. This does not always happen, though. You may be liable for the remaining balance depending on what the agreement you make with the bank says.