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."
Property Values in a Slow Market
Posted by: Chesley Payne
June 28, 2009
Topic: Consumer Information
I am attaching a link below to an excellent story from the Birmingham News from June 14, 2009, about declining market values.
Vacation Homes and the Market
Posted by: Chesley Payne
June 21, 2009
Topic: Consumer Information
I have pasted a link to an excellent article from the the Wall Street Journal that deals with issues surrounding second homes.
Death and Real Estate
Posted by: Chesley Payne
June 07, 2009
Topic: Consumer Information
The most common title issue I deal with are those issues concerning a property that has been in the same family for more than one generation.
Foreclosure in Alabama: The Right of Redemption
Posted by: Chesley Payne
May 17, 2009
Topic: The Mortgage Crisis
As foreclosures have been a concern for many in this economic climate, it is important to know Alabama law provides significant protection for foreclosed homeowners through the right of redemption.
The Other Shoe?
Posted by: Chesley Payne
May 10, 2009
Topic: Consumer Information
This blog is usually focused upon reasons for optimism about the real estate market.
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)
Topics
Consumer Information
Identity Theft - MSN Attorney Victim of ID Theft
Real Estate Professionals and Their Role in Your Transaction
The Landlord Tenant Relationship and the Law
The Mortgage Crisis
The Real Estate Closing: The Documents
Recent Updates
June 28, 2009
Property Values in a Slow Market
June 21, 2009
Vacation Homes and the Market
June 07, 2009
Death and Real Estate
May 17, 2009
Foreclosure in Alabama: The Right of Redemption
May 10, 2009
The Other Shoe?
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