Is a home inspection required for a mortgage? No doubt that a great percentage of prospective homeowners tend to ask this question. It is a simple question, but at the same time, it troubles many. A home inspection, conducted by a certified home inspector, entails a comprehensive examination of a property’s condition. During the process, …
There is no doubt that lawsuits are perceived to be costly endeavors, an endeavor reserved only for individuals with substantial financial resources. This is a perception that greatly deters people from seeking justice when they have been wronged. However, the reality is more nuanced. Do you need money to sue someone? It is true that …
For individuals and families planning for long-term care, protecting their assets from being exhausted by the high cost related to nursing home care becomes important. Such importance drives the need for an irrevocable trust which a common estate is a planning tool used for safeguarding assets. But the thing is, can a nursing home take …
Bankruptcy is a word that conjures up images of financial ruin and hardship. Its mention and the act of declaring bankruptcy are often overwhelming besides being a fresh start as one resets the financial situation. But during the process, can personal loans be included in bankruptcy? Prior to exploring whether it is possible or not, …
Is a home inspection required for a conventional loan? This is a question that nearly 90% of prospective homebuyers end up asking. With a conventional loan being a type of mortgage that is not insured or guaranteed by the federal government, many people find it attractive mainly due to its flexibility and potential cost savings. …
Among the thousands of topics between couples, the one that stands out and has a bigger share and weight is concerning finances. Finances are a big topic between couples and it has led to the end of many marriages. And not only marriages, any other form of relationship be it familial or mere friendship. Despite …
Ever heard of Stella Liebeck Vs Macdonald’s hot coffee case? In 1992, 79-year-old Stella Liebeck purchased a takeout coffee from a McDonald’s drive-thru in Albuquerque and accidentally spilled it on her lap. She subsequently sued McDonald’s, and a jury awarded her almost $3 million in punitive damages for the burns she incurred. This is just …
For people seeking stable income and long-term growth, mobile home parks are an attractive investment. The allure lies in their potential for high returns and the relatively low level of competition when compared to other real estate investments. With everything having a catch, what would you do if you did not have enough capital to …
Assault is a serious offense that has the potential to cause long-lasting physical, emotional, and financial impacts on the victim. Although it is often misunderstood and confused with battery, legally, the two are distinct offenses. Assault entails the threat or attempt to cause harm, creating a reasonable fear in the victim while battery, on the …
Having a less-than-perfect rental history is okay and part of life, but the thing is questioning yourself “Can I get an FHA loan with an eviction?” A major concern among many prospective homebuyers is whether past evictions have the potential to impact the ability to secure a Federal Housing Administration (FHA) loan. One thing about …
