Real Estate Information |
|
Protective Covenants - Buying A Home
In addition to zoning, some properties have covenants recorded at the courthouse that "run with the land." These "protective covenants" can put a serious pinch in your plans for a piece of property. Protective Covenants A protective covenant remains in effect as the property is sold from owner to owner. The covenants are designed to maintain a certain aspect of the area in question. The covenants may require a particular architectural style or use for the land to mention only a few areas of restriction. Land in a scenic area may have a protective covenant that prevents certain types of development for the land or properties on it. Importantly, these restrictions may not show up in the zoning laws, so make sure you research the issues before buying. Let's consider an example of a great buy gone wrong because of a protective covenant. A protective covenant may restrict the number of parcels into which the property can be subdivided. Thus, you could find yourself in a situation in which you buy a one hundred acre parcel with an eye toward subdividing it. Upon researching the issues, you discover the zoning laws allow the parcel to be cut into quarter acre lots. Visions of profit swirl before your eyes. Your development dreams, however, could turn to nightmares if there is a protective covenant. Assume you go ahead and purchase the parcel. While showing it to a friend, a neighbor from down the road walks up and introduces himself. You excitedly explain you plans for subdividing only to be shocked when he tells you there is a protective covenant that prevents the creation of any lots under ten acres. What if the covenant restricts ANY subdividing of the parcels? That great deal you got on the parcel may not look so hot when the protective covenant is factored in. So, how should you deal with protective covenants? First, you should ask the seller whether any exists for the property. Second, make sure you buy title insurance as the title company will certainly look for any protective covenants before issuing a policy. Raynor James is with http://www.fsboamerica.org - providing homes for sale by owner, "FSBO", properties. Are you thinking, "Should I sell my home?" Visit http://www.fsboamerica.org/seller.cfm to sell your home sale for free for one month.
MORE RESOURCES: Real estate mogul cautions about avoidable mistake when buying a home, explains how to avoid 'drowning' Fox Business Coloradans negotiating lower fees for real estate agents with new law on horizon Colorado Public Radio Real Estate Mogul Grant Cardone Closes Largest All-Cash Multifamily Deal In South Florida This Year Yahoo Finance Southern fast-food chain Cook Out buys Tampa real estate The Business Journals Innovative Leaders Vanderstraaten and Rohrman Inducted into North Texas Commercial Real Estate Hall of Fame ... dallasinnovates.com Revolution in real estate: How the NAR settlement is changing the game Eden Prairie Local News OT Real Estate Spotlight of the Week: 2115 Sheridan Place The Owensboro Times Routt County real estate sales at $17.6M for May 9-15 Steamboat Pilot & Today Connecticut real estate law changed after MV Realty investigation Eyewitness News 3 EG Real Estate: 18 Opens This Weekend – East Greenwich News East Greenwich News Refined Real Estate: Unique Leschi home with lake views lists for $1,395,000 seattlerefined.com James Quinn's Data Center Advisory Expertise at JLL Drives Innovative Real Estate Solutions for Global Corporations Markets Insider Number of homes for sale in Metro Atlanta increased significantly, real estate brokerage says – WABE WABE 90.1 FM Why is real estate tech a hot topic? HousingWire Connecticut real estate law changed after MV Realty investigation Eyewitness News 3 Top Workplaces: Better Homes and Gardens Real Estate Base Camp wins second for small company Richmond Times-Dispatch Shaping the Future of Real Estate Technology RisMedia.com Letter: Clarifying changes to real estate industry Morgan Hill Times LOCAL REAL ESTATE TODAY 5.17.24 – KQEN News Radio kqennewsradio.com Artis Real Estate Investment Trust (OTCMKTS:ARESF) Sees Significant Growth in Short Interest Defense World Allied Properties Real Estate Investment Trust (OTCMKTS:APYRF) Short Interest Update - Defense World China Market Update: The PBOC (“Big Momma”) Releases Real Estate Policy Bazooka, Week In Review Forbes Teachers get raises, real estate taxes go down in Norfolk's FY 2025 budget News 3 WTKR Norfolk L.A.’s Real Estate Upfronts Reveal Penthouse A at Rosewood Residences Beverly Hills Hollywood Reporter Rockwell Institute Celebrates Highest Real Estate Exam Pass Rates for First-Time Test Takers in the State of Washington Business Wire See the latest Coles County real estate transactions Journal Gazette / Times-Courier Home sales are up in Austin thanks to stabilizing housing prices, new real estate report says CultureMap Austin The unique challenges of auditing real estate investment trusts Accounting Today Fastest-Growing Cities in the U.S. 2024: America's Hidden Gems! Norada Real Estate Investments McColly Real Estate hosts ribbon cutting ceremony at Brookstone North Condos LaPorteCounty Life Real estate tech startup Nexme acquired by Bay Area company The Business Journals The Pipeline: Commercial real estate roundup for 5.17.24 RichmondBizSense Key Biscayne and Brickell real estate sales for the period from May 8 through 14 - Islander News.com Real Estate Minute – 05-16-2024 KFDX - Texomashomepage.com Florida Housing Market Predictions for Next 2 Years (2024-2026) Norada Real Estate Investments April housing starts: Real estate industry reacts Mortgage Professional Mesa office-industrial park wraps up construction; looks to attract tenants The Business Journals Public records: Coshocton County, Ohio, real estate transfers Coshocton Tribune Robert Willett may be targeting female Realtors in Northeast Ohio Akron Beacon Journal Tai Bixby Takes The Lead In Contributing To New Mexico's Commercial Real Estate Industry International Business Times Ellison sues real estate broker Chad Banken over alleged schemes involving contracts for deed Star Tribune Spring Real Estate Update: What You Need To Know The Village Reporter REAL ESTATE | Location for new West Bend Fire Department No. 1 washingtoncountyinsider.com We're Bringing Redfin Next to 25 More Markets! Redfin News Prominent Properties Sotheby's International Chatham Borough | Chatham Township Real Estate Report TAPinto.net WA homebuilding is slowing down, unlikely to keep up with growing need The Seattle Times What's real estate wellness? Fortune Real Estate Worth $8 Million Found in Dubai Belonging to Son of Ex-Prosecutor General of Uzbekistan Times of Central Asia Last Chance Commercial Real Estate – Commercial Observer Commercial Observer Wellness real estate market booming – forecast to reach $913bn by 2028, reports GWI | spabusiness.com news Spa Business Brunswick real estate manager arrested for wire fraud, ordered to repay more than $250,000 ABC NEWS 4 Did Fort Worth’s real estate market really ‘bottom out’? | Fort Fort Worth Star-Telegram News | Sirius Real Estate Issues €59 Million Bond CoStar Group China Says It Will Start Buying Apartments as Housing Slump Worsens The New York Times Housing Market 2024 Predictions Bankrate.com Erie County real estate transactions Buffalo News |
RELATED ARTICLES
How Much is that House in the Window? With the recent release from the UK's biggest mortgage lender, the Halifax, of its latest house price report for May 2005, showing that prices fell by 0.6% last month, and prices falling just 0. How to Build A Rental Property Money Machine If you are looking for a steady, income-producing investment that isn't dependent on the ups and downs of the stock market, rental property is just the investment you're looking for!As lucrative as owning rental property can be, the wrong property can be a bottomless money pit. You need to know how to go about locating property, finding tenants, managing the rental, and how to make your investment profitable. How To Sell A Home That Didnt Sell If your home has just come off the market and hasn't sold, don't be discouraged. The reason it didn't sell may have nothing to do with your home. Buying a Home with Zero Down Payment in Irvine, CA Years ago, the only person that could buy a home in Irvine with zero down payment using a new purchase money loan were Veterans of War (called a VA loan). In the past several years, there has been an explosion of new loan programs designed to fit most any buyers circumstances. Where To Start In Looking For A Central Illinois Realtor Central Illinois is an excellent location for families andbusinesses. Property values and local economies are growingconstantly and the wide range of available properties isimpressive. Strata Title Hotel Investments Want to know why Strata Title Hotel Investments can be a "Hell Hole" for the unwary?Hello, Colm here .. Understanding Opportunity Cost When Investing In Property While most investors have got involved in property investing because they understand the opportunities to make money through leverage and capital growth or high yields, I still see and hear of many who do not fully understand opportunity cost.Remember anyone that gets into property is usually in it to generate money or income - how many deals/properties you own is insignificant. How to Afford Your Dream Home Is it your dream to one day own a holiday home in the sun; a beautiful house where you can escape, relax and be free of the worries that seem to go hand in hand with every day life?Well, you're not alone!A recent survey by a well known mortgage lender in the UK revealed that up to one in three Britons not only dream about owning a home in the sun but fully intend to make that dream a reality some day. And in the US the number of Americans planning to one day buy that ideal second home haven is now up to three in ten people. Why Real Estate? Five months ago I was faced with a decision to keep doing the same thing that I loved or go and try something different and change my life for the better. Well would you like to know what happened?Maybe next time. Do You Know What Design/Construct (or Design/Build ) Means? I Think You Should! These real questions on 'How To' build are answered by a US Master Builder and myself from the development viewpoint, after I received them from readers of my e-book, "Residential Development Made Easy."Question 1. Moving On: Powerful Tips For Selling Your Home Maybe you're moving to a larger home to accommodate a growing family, relocating for a new career opportunity, or purchasing a townhouse for retirement. Whatever the reason for the move, you'll need to take the necessary steps to sell your home for the best possible price, within a reasonable amount of time. Evil Gains Entry When we open our doors to strangers, we can never be certain what malice an outsider might bring in. Police officers tell us to keep our doors locked with good reason. Chapter One FSBO the Russ Miles thriller/mystery novel Chapter OneShe reached the phone on its second ring. "This is Tami!" She confidently answered. High Tension for the Buyer and Seller of Real Estate Can Be Reduced Tensions can run high in both the selling and buying of real estate. After all, there is a lot of money and emotion involved! There are also time pressures and numerous privacy issues to deal with. On the Crossing of Continents Cyprus is situated in the north-east Mediterranean on the crossing of three continents - Europe, Asia and Africa. This strategic location ensured development of the island as an international business center with high-quality service, vast infrastructures and great deal of entertainment facilities. How to Buy Fixers for Profit Do you dream of becoming a multi-millionaire real estate investor? Here's how to get started: find a bargain "fixer-upper" owned by a worried seller. The hardest house for a homeowner to sell is a "doghouse," "dump," or "fixer-upper. Be A Realtor With Curb Appeal Are you a realtor with curb appeal or are you more of a fixer-upper needful of updating?How you present yourself to colleagues, buyers and sellers, from the very first moment, will influence your sales records as well as the confidence and satisfaction your new clients feel. Even if you're a Realtor in demand, with more listings than hours in a week, you may well find areas that you can polish. Buying Outer Banks (OBX) Investment Property So, you're thinking of purchasing a rental property at the beach. Historically, real estate investments have proven to be a wise investment strategy. Get To Know About Building Codes & Town Planning Applications, If You Want To Build A House These are real building questions that I received from readers of my e-book, "Residential Development Made Easy" with answers from me, Colm Dillon, and a major USA Construction Master operating in 48 States.Question 1. If You Cant Afford to Retire...Move According to Warren Bland, PhD, an award-winning author and geographer at Cal State, people have a great option. It's called "equity-take" that is, the difference in cost of comparable housing between your present community and the more affordable one to which you could move. |
home | site map |
© 2006 TIGER MEDIA |