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Real Estate

The Mechanics’ Lien

A mechanics’ lien is a legal instrument used for collection by contractors and suppliers to “secure” a claim on payment. Most homeowners assume that if they have made complete payment to the general contractor, they are protected from any lien …

Understanding Capital Gains Tax

Homeowners selling their primary residence for a gain are entitled to a generous tax break called the Home Sale Exclusion. When selling your primary residence at a profit, you may qualify to exclude up to $250,000 of that gain from …

Important Commercial Real Estate Clauses

Whether your business is new or expanding, finding the right space can prove to be a difficult task in and of itself. Unfortunately, that is just the beginning. The commercial real estate market is much less standardized and when it …

Buying a Foreclosure

If you are house hunting, there can be great financial appeal in buying a foreclosed home. However, while buying a property in foreclosure might seem like a great deal, the purchase is often a complex and involved process. Buying a …