By Attorney Jacquelyn M. Yeakle It is common for homebuyers to obtain financing from traditional banks when purchasing a new home, but other financing options may be available. There are two less common financing options to consider when purchasing a home: seller financing and installment land contracts. Seller financing is when the seller offers financing […]
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By Attorney Jacquelyn M. Yeakle In Pennsylvania, there are potential implications to consider prior to transferring the deed of a home for no or nominal consideration to a child. It is common for parents to desire to transfer their home to their child prior to death. Some may want to avoid inheritance taxes. Others may
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Four Basic Commercial Lease Provisions All Landlords and Business Owners Should Understand: By Attorney H. Robert Fischer, III The recent economic hardship faced during the pandemic has caused the widespread inability of tenants to pay rent or to fulfill other obligations. This has precipitated a recent storm of legal battles between commercial landlords and their
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The Difference Between Lender’s Title Insurance and Owner’s Title Insurance By Attorney Jacquelyn M. Yeakle One of the most common questions our real estate clients ask us is, “What is the difference between lender’s title insurance and owner’s title insurance?” The short answer is lender’s title insurance, or a loan policy, is insurance that protects
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Renting v. Buying a House By Attorney Jacquelyn M. Yeakle Most of us have debated whether renting or buying a house made the most sense throughout different phases of our lives. An ambitious new graduate may prefer renting an apartment to have more flexibility to chase after that dream job. First-time parents may want to
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By Attorney Jaquelyn Yeakle Are you looking to refinance or buy a house? If so, the time to do either is now! The mortgage interest rates have not been this low since the end of 2012 when the thirty-year fixed-rate was around 3.31%. The current 30-year fixed-rate mortgage is around 3.25%. If you are one
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