Homeowner Education

The latest news, tips, and tricks for homeowners

Distressed Property

Distressed property is any property that is under foreclosure or being sold by the lender. Normally, a distressed property is a result of a homeowner

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Deed

A deed is a legal document used to transfer rights to an asset or a real property from one person to another. A deed is

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Cooperative

A housing cooperative, commonly referred to as a co-op, is a corporation formed to share ownership in a single property among multiple residents. In a

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Contiguous Lots

Contiguous lots are pieces of real estate that are adjoined or adjacent to each other. Contiguous lots share a common boundary, so parcels of land

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Condominium Conversion

Condominium conversion is the process of converting rental apartments, which are leased by the occupants, into condominium units, which are owned by the occupants. Condominium

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Condemnation

Condemnation occurs when a public authority, such as the local government, seizes a piece of private property for public use. The public authority must pay

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