Anyone who has purchased or sold a home knows that a real estate transaction is complicated and filled with a surprisingly large amount of detail. With deeds, title searches, title insurance, inspections, and much more, it’s easy to be overwhelmed by the process and miss out on what is really happening: your property is revealing all of its elements. Our properties offer a wide and various list of opportunities to take advantage of. Here are some of our favorites:

1. Great Source of Capital at a Low Interest Rate – Because your mortgage or equity line of credit is secured by your property, you can enjoy an interest rate much lower than that of personal loans. You gain the largest asset you might ever own with a loan that is equipped with a remarkably low interest rate!
2. Homeowner’s Insurance Policy & Medical Payments – You can include in your homeowner’s insurance a policy for medical payments. This means that if someone gets injured on your property, your homeowner’s insurance will cover their medical expenses so that you avoid any personal liability.
3. Multiple Interests & Ownerships – In PA, there are multiple interests in property. Interestingly, you can have full ownership of the property or a combination of ownership. For example, you could own the land while someone else has an easement or interest in a right of way on your property, such as a driveway, pipeline, or electrical lines.Your property can be further subdivided into coal, mineral, oil, and gas rights. You can own your home and the land on which it sits while selling the interest in your coal and mineral rights! The combinations and possibilities are endless.

At Ross & Ross, we know real estate law. We are dedicated to helping our clients live better, more fulfilling lives. Call us anytime you need help. We are a full service firm, which means we handle almost everything.  If we don’t handle it, we know who does and can direct you to them. Among other things, we routinely practice personal injury, bankruptcy* and debt matters, wills, powers of attorney, and family law. 

* Federal law requires the following disclosure: We are a debt relief agency helping people file for relief through bankruptcy under the bankruptcy code.

**This is lawyer advertising.

***The content of this site is for informational purposes only and is not intended to be legal advice. No attorney-client relationship exists until you meet with one of our attorneys and they agree to accept you as a client.