When buying a home, you may hear about the Fair Housing Act and wonder what it is and what it means. The U.S. Department of Housing and Urban Development explains this act ensures there is no discrimination in the home buying process. It also applies to other types of...
Steps to prepare for a smooth real estate closing
Whether you are buying a new home for your family or a property to rent as an investment, closing on a real estate transaction can create stress. You can reduce the uncertainty of the time leading up to real estate closing with careful preparation. Take these steps to...
3 ways commercial closings differ from residential ones
Investing in commercial real estate is one of the more effective ways to achieve the American dream. After all, you may either operate a lucrative business from the property or lease it to someone else who does. If you are new to the commercial real estate game,...
What is the difference between the deed and the title?
When it comes to buying or selling a house, there are a lot of terms with which you may be unfamiliar, especially if you have never dealt with real estate before. Two terms that often cause confusion are "deed" and "term." According to HomeLight, many people will use...
Tennessee’s Great Choice Home Loan program for first-time buyers
From securing an affordable mortgage to covering down payment and closing costs, first-time homebuyers face a variety of unique financial challenges. That is especially true for buyers with only a modest income. In Tennessee, the state Housing Development Agency...
What to expect from the home closing process
You searched for the perfect home and finally found one. You put in your offer and waited with bated breath until the seller accepted your offer. Now, it is finally drawing near: your closing day. You probably feel many emotions, including eagerness, uncertainty and...
Potential issues during closing
The last step in buying or selling a home is the closing process. During this process, everything becomes final and the title transfers to the new owner. For this to happen, there must be a clean title, a solid agreement and secure funding. If any problems come up, it...
How long do real estate closings take?
It is common for real estate closings to take a longer time than you expect. After the acceptance of a purchase offer, buyers want to know how long it will take for the home to close. But who determines the length of time a closing will take? Unless you decide to...
Can you back out of an accepted home purchase offer?
Buying a home is a big deal, so it is no surprise to think that you may have second thoughts right before closing. Though hesitation is normal, you should think twice before you decide to do anything drastic, such as back out of the agreement after the seller already...
Tips for your first residential real estate closing
Tennessee’s low property taxes and lack of a state income tax make it attractive for a first-time home buyer. The real estate purchase experience can, however, appear somewhat complicated at first, especially concerning the closing. The complexities of a real estate...
Costner & Greene Attorneys at Law
315 High Street
Maryville, TN 37804
Local: 865-238-4710
Toll-Free: 877-381-6564