Section 7303 of the Pennsylvania Real Estate Seller Disclosure Law requires sellers to disclose all known material property defects to potential buyers. However, what happens if, after moving in, you stumble upon a serious defect that the seller did not disclose?...
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The importance of a thorough title search when buying a home in Pennsylvania
Buying a new home is cause for excitement, but a home purchase also requires due diligence throughout the process. Before buying a residential property of any kind — single-family or multi-family — a title search should be high on your list of things to do. An...
What should you do when encroachment is suspected?
Encroachment generally refers to a neighbor's unauthorized use or invasion of your property. As reported by Bankrate.com, encroachment includes constructing or extending physical structures over a boundary line. If a neighbor creates an intrusion onto your property,...
Three reasons why a suit to quiet title may be necessary
Title disputes are a common issue that can cost a great deal of time and money. They can also disrupt the landowner’s ability to use the land as he or she wishes. An action to quiet title is a legal action intended to settle ownership of a piece of property, thereby...
When may I sue a home builder for construction defects?
When you purchase a custom-built home, you may not notice defects right away. The Pennsylvania General Assembly’s website notes, however, that you have up to 12 years from a home’s completion date to file a lawsuit. If you discover a deficiency in your home’s planning...
What are some common issues sellers try to hide?
If you wish to buy a home in Canonsburg, Pennsylvania, or the surrounding area, you will, ideally, invest in a home inspection that should reveal any potential issues the sellers fail to disclose. However, while an inspection can reveal major issues such as structural...
What will you see in the purchase agreement for your new home?
If you have found a home you wish to buy, a careful review of the purchase agreement is in order. The contract will include terms and requirements for the exchange of property between seller and buyer. What should you expect to see in your purchase agreement? Price...
Legal issues may result when residential buyers waive inspections
In Pennsylvania's competitive residential real estate market, sellers may receive offers from buyers willing to waive contingencies. As reported by Kiplinger's Personal Finance, to win bids, buyers may even choose to forgo property appraisals and home inspections....
What should a seller disclose about a property?
Buying a new home should be an exciting time for you. You find a place that meets your expectations and can serve as your residence for a long time, perhaps for you and other family members like your children. But sometimes a seller fails to tell a buyer everything he...
Under what circumstances would a quiet title action be necessary?
Perhaps you are looking forward to purchasing your dream home. However, in order to obtain a mortgage, you must have a title insurance policy. The title company will not issue such a policy if there is doubt about the ownership of the property. Under what...