07 January

Land Acquisition Deals

Are Condo Conversions A Good Opportunity?
I recently was in a discussion about the merits of looking at condo conversions, which mostly means that apartments are being converted into for-sale condominiums.  The process would typically include the processing of

03 December

Purchase & Sale Agreements

Who Prepares The PSA?
In a land transaction, the Purchase and Sale Agreement (PSA) is the key legal document for the agreement between the seller and buyer.  Also possibly referred to as the land contract, this agreement will stipulate

05 November

Land Transactions

How Do Option Contracts Work?
In a previous post, we talked about option contracts as they relate to longer escrow periods.  In essence, the seller is giving the buyer the option to purchase the subject property, based on some

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