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Real Estate. The term brings up images of complicated transactions involving mounds of paperwork managed by old men in dark suits. To the contrary, the truth is something completely different. The term "real estate" encompasses a wide variety of different ideas and transactions, but what most people tend to think of is the buying and selling of residential and commercial property.

This blog is an attempt to dispel the common myths and rumors you may have heard concerning real estate. Over the next several months, I will review a typical residential real estate closing and discuss various issues that arise in the course of the transaction. After that, I will go into further detail on those issues that are unique to a commercial closing. All in all, I hope this blog will be a resource for general questions. Please keep in mind that the best option is to consult an attorney of your choice and seek answers to specific questions you may have.

Remember, this is the internet. I could be a 42-year-old World of Warcraft fanatic living in my mom's basement and making up all of this real estate information. For the record, I am not. I am an attorney with the firm of Massey, Stotser & Nichols, P.C. in Birmingham, Alabama.

With that being said, I look forward to any questions, comments and/or concerns you may have about the blog or the wonderful topic of "real estate."

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New Construction Far From Recovery
Posted by: Chesley Payne
October 18, 2009
Topic: The Mortgage Crisis

This article highlights that while there is some good news in the real estate market, the demand for new homes is still far below what could be defined as a "recovery".

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FHA: Creating a New Bubble?
Posted by: Chesley Payne
October 11, 2009
Topic: Consumer Information

This is an op-ed from the Wall Street Journal concerning how FHA is taking a risk in becoming the nation's residential loan underwriter.

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Appraisals Trending Downwards
Posted by: Chesley Payne
October 04, 2009
Topic: Consumer Information

This article highlights a common issue concerning appraisals in the real estate market.

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Mixed Numbers on Alabama Real Estate Sales.
Posted by: Chesley Payne
September 27, 2009
Topic: The Mortgage Crisis

Some of the information concerning real estate sales in Alabama is better.

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First-Time Homebuyer?
Posted by: Chesley Payne
September 27, 2009
Topic: Consumer Information

First-Time Homebuyer? Remember the $8,000.00 Tax Credit which all first time homebuyers are eligible for runs out on December 1, 2009.

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Massey, Stotser & Nichols, P.C.

Address:
1780 Gadsden Highway
Birmingham, Alabama 35235
205-838-9090

Phone: 205-838-9090
Fax: 205-833-0415
(Real Estate)
205-836-4520 (Litigation)

Recent Updates

October 18, 2009
New Construction Far From Recovery

October 11, 2009
FHA: Creating a New Bubble?

October 04, 2009
Appraisals Trending Downwards

September 27, 2009
Mixed Numbers on Alabama Real Estate Sales.

September 27, 2009
First-Time Homebuyer?


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Massey, Stotser & Nichols, P.C. | 1780 Gadsden Highway | Birmingham, Alabama 35235 | 205-838-9090