Making mistakes when you are buying your first home is easy. Not only are you eager to achieve a significant milestone in your life, but you want to fulfill your vision of the future. Once you can imagine it, you may make decisions in haste.  This is common. The following are easy pitfalls that first-time homebuyers fall into. Know them so you can catch yourself before you put yourself in a situation you can’t get Read More

If you are considering buying a mobile home for the first time, you are likely wondering about the process for purchasing one. To break this down a bit further, there are also differences between commonly used terms such as mobile homes and manufactured homes.  There will also be some differences regarding the purchasing process based on where your mobile is going to go. For instance, you may be planning on putting Read More

A mortgage where you don’t have to make any loan payments might sound too good to be true--but thanks to reverse mortgages, they’re not. To put it simply, a reverse mortgage is a loan where a homeowner who is 62 or older and has sizable home equity can borrow money against the value of their home. They can receive fixed monthly payments, a nice lump sum, or even a line of credit. But don’t get too excited yet--that Read More

Life-changing financial decisions should never be made lightly. Oftentimes, it helps immensely to have a professional help guide you through the decision-making process, helping you weigh out the pros and cons so that you can come to a thoughtful, well-rounded conclusion. Naturally, buying and selling a home falls under this category. Just as a real estate agent will help you get your house inspected during your due Read More

At Thomas and Webber, we are often asked questions about the escrow process. What is it and why is it important? In today’s blog post, we’re taking a look at this essential element of real estate transactions.  If you are buying or selling real estate, it is important to ensure that any and all conditions of the sale are met before you pay money or sign over the deed. That is the purpose of escrow -- it protects the Read More

Even people who don’t own a certain property can have interests in and rights to its use. How? Through easements, a nonpossessory permission to access land. Easements can cause many heated battles in real estate law, so it is necessary to fully understand them. Let’s take a few looks at some examples of easements in everyday life: The owner of a field grants a railroad company the use of their property to lay tracks Read More

One of the most important functions of a real estate closing attorney is to undertake a title search and examination on the target property. This important task should be done before you, as the buyer, get to the closing table, so you won’t likely hear much about the title search unless it turns up any issues. However, it’s worthwhile to understand exactly what happens during a title search and examination.  What is Read More

The old adage “buyer beware” is generally true for minor purchases, but real estate purchases are treated quite differently; for most people, buying their dream home is the most significant economic transaction they will ever engage in. Because of this importance (to both parties), there are numerous disclosure requirements that sellers must satisfy when receiving an offer from a prospective buyer. This blog will Read More

The Charlotte area is home to several areas that feature prized real estate, but you don’t have to go all the way to Uptown. Right here in Mooresville, there are gorgeous properties on Lake Norman, North Carolina’s largest man-made lake and a popular recreation known to people all over the world. A key part in enjoying all that Lake Norman has to offer as a lake homeowner or property owner is having a pier, dock, or Read More

Life has a way of intervening and making some things, like real estate closings, much more complicated and hectic than they need to be. For these situations, mail-away closings are an option for either buyers or sellers of a piece of property who are not able to physically attend their closing appointment.  Mail-away closings are not an uncommon way to seal the deal on a real estate transaction; a common reason for Read More