22 July 2024
That didn’t go as planned… due diligence disaster
Unfortunately, a client of mine who relaxed on their due diligence learned the hard way that some Sellers of investment properties know and plan to beat the system. What does the “hard way” mean? (1) timing: it’s a painful pill to swallow to learn mid transaction that there are landmines riddled throughout the property title […]
9 July 2024
Time of the Essence – It’s Blessings and it’s Curses
The one tool an Attorney can use to enforce a closing date of a real estate transaction. The one tool that many investors, buyers and sellers desire to use to their advantage when they lose trust the other side will perform and although it’s the only tool, it is riddled with imperfections that cause buyers, […]
3 June 2024
Liquidated Damages as an Exit Strategy
Why Investors Should Consider Liquidated Damages as an Exit Strategy Investment deals come with more risk than residential purchases and sales (on average). The unpredictability of investment deals, from title issues, to absentee sellers, to no guaranty of your investment, leave investors feeling a need to have exit strategies in place at as many junctures […]
8 September 2022
Is it true? Are all Lawyers Healers?
YES! Lawyers are Healers For the longest time I’ve held the belief that my role as a lawyer is not just to offer legal advice, or provide legal services simply, but that to be a healer of the emotions they’re experiencing in the moment of their journey with me as a client. In order to […]
7 September 2022
Why should an Investor care about Novations 101?
Written by Ashley Molson, Esq. Why should an Investor care about Novations? Let’s jump right in, shall we? What is it: The short story and simple definition of a pure novation in a real estate investment contract by way of an example is… Buyer One enters into contract to buy Sellers’ Home for X price. […]
22 February 2021
Buying and Selling 101: No Verbal Agreements
THE SELLER PROMISED ME THEY’D LEAVE THE SNOWBLOWER, BUT AT THE FINAL WALKTHROUGH IT WAS GONE, WHAT DO I DO? When you’re selling a home and you have furniture or fixtures that you’re going to be selling to the buyer or if you’re the buyer and you’re going to be purchasing things from the seller […]