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February 06, 2012

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Real Estate Resources

The best way to inform yourself about South Dakota Real Estate Law and Real Estate related topics. Our Real Estate Resource Center includes the following sites for your personal use:

Are you currently looking to purchase South Dakota real estate? If so, contact one of our experienced South Dakota real estate lawyers today!

Did You Know?

A Reverse mortgage is also known as HECM
Section 255: Home Equity Conversion Mortgages (Reverse Mortgages, a.k.a. HECM) allows a borrower aged 62 and older to borrow against the equity in a property that has limited outstanding debt. A subject property under this program must be an existing one-to four-unit dwelling in which the mortgagor occupies one of the units. It may be a condo if in a FHA approved project. Manufactured homes are eligible if the home complies with outstanding FHA guidance.

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	News about real estate cases in South Dakota and nationwide: California's Real Estate Regulations Of Broker Supervision Broker SupervisionA broker shall exercise reasonable supervision over the activities of his or her salespersons. Reasonable s... Read more > Martinez Announces 'Homebuyer Bill Of Rights' - Part Of Bush WASHINGTON - Individuals and families who want to buy or refinance a home will find the process significantly easier under a proposal announced tod... Read more > Office Of Real Estate Appraisers Cracks Down On Unethical Behavior Of Real Estate Appraisers The first case involved an accusation of performing appraisals in a series of transactions in which Mr. Thomas E. Williams, of Riverside, was alleg... Read more > More Real Estate News >

Real Estate Terms

Today's Terms

Appraisal

Definition:
A qualified individual who uses his or her experience and knowledge to prepare the appraisal estimate.

Equity

Definition:
An owner's financial interest in a property; calculated by subtracting the amount still owed on the mortgage loon(s)from the fair market value of the property.

Flood insurance

Definition:
Insurance that protects homeowners against losses from a flood; if a home is located in a flood plain, the lender will require flood insurance before approving a loan.

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Real Estate Resources

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Real Estate Hot Topics

Topics Related to Real Estate Law:

Commercial Real Estate
Construction
Condemnation
Landlord / Tenant
Mortgage Matters

South Dakota Real Estate Attorney

If you live in the following cities and need an real estate attorney you should contact our Real Estate Attorney as soon as possible:

Aberdeen
Brookings
Huron
Mitchell
Pierre
Rapid City

Sioux Falls
Spearfish
Vermillion
Watertown
Yankton

Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on South Dakota Real Estate Lawyers.com is not intended to be real estate advice, but merely conveys general information related to real estate issues commonly encountered.

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