Real Estate: Financing

When looking for a new home, many envision sparking kitchens, huge master bedrooms and enticing family rooms. Don’t forget one of the most important steps, the financing. Mortgage loans come in many sizes and shapes. Conventional Loans. This is your typical mortgage...

Real Estate: Settlement

In Virginia, settlement in a real estate matter is the formal process that effectuates the transfer of ownership of the property. The buyer typically has the right to choose his or her Settlement Agent. While the law does not require settlement agents in Virginia to...

Real Estate: Easement

An easement is a non-possessory right of use over the land of another. This means that the easement holder has the right to use the landowner’s property for a specific purpose and cannot change her use of the easement without the permission of the property owner. An...

Real Estate: Title Insurance

The purchase of a home is often the largest investment an individual makes during his or her lifetime. Most understand the protections provided by homeowners’ insurance and flood insurance. However, few understand the importance of a title insurance. A title insurance...

Real Estate: Types of Deeds

At closing on a property, a seller delivers a deed to a buyer. This important legal document transfers the real property from the seller to the buyer and provides evidence of ownership of the real property to the buyer. However, not all deeds are created equal. A...

Real Estate: Joint Ownership of Real Property

When purchasing real estate with a friend, relative or spouse, one question you should ask is “how should we hold title?” There are three ways that individuals can jointly hold real property in the Commonwealth of Virginia: 1) Tenants in Common; 2) Joint Tenants; and...