The PropertyClub Blog

A lien waiver is a legal document used in the construction industry to relinquish or waive the right to file a lien against a property. These waivers are commonly exchanged between contractors, subcontractors, suppliers, and property owners to ensure that payments have been made and to prevent future liens from being placed on the property. Here's an overview of lien waivers, their types, and their significance:

The reverse mortgage foreclosure process is similar to the foreclosure process for a traditional mortgage, with the lender filing a notice of default and initiating legal proceedings to take possession of the property. Read on to learn how exactly a reverse mortgage foreclosure works and the timeline for their actions.

Many people choose to live in Connecticut instead of NYC due to cheaper home prices and more space for families. However, sometimes, the state gets a bad reputation when it comes to crime. To help you know which areas to avoid, read on to discover the ten worst places to live in Connecticut. 

When most people think of Utah, they imagine snow-capped mountains and skiing resorts instead of crime. While Utah is far from being the most dangerous state, there are still some areas in which visitors may want to exercise caution. Whether you're moving or visiting the state, you'll want to check out our list of the ten worst cities in Utah for crime.

Finding good tenants is crucial for a successful and stress-free rental property experience. Here are some steps and tips to help you find reliable and responsible tenants:

Typically, when you finance a home purchase, the lender will require you to get an appraisal to verify the property’s value. But in some situations, the lender may grant the homeowner an appraisal waiver, allowing them to skip getting an in-person appraisal. Here’s how it works. 

Off-market properties are real estate listings that are not publicly advertised or listed on the Multiple Listing Service (MLS) or on Zillow. These properties can be sold without traditional marketing, often through private channels. Here’s an in-depth look at off-market properties, their advantages, and how to find them.

A casita is a small, self-contained dwelling that is typically situated on the same property as a larger main home. The term "casita" is Spanish for "little house," and these structures are often used as guest houses, in-law suites, home offices, or rental units. Casitas can provide additional living space and flexibility for homeowners.

Twin homes, also known as semi-detached homes, are small residential buildings that consist of two separate homes sharing a common wall. Each unit is typically a mirror image of the other, though variations in design can exist. Here’s an in-depth look at twin homes.

A tenant estoppel certificate is a legally binding contract whereby the tenant promises the terms, conditions, and current status of their lease to be true. If you've received an estoppel letter here is what you need to know before you sign it.

The down payment for a house is the money that must be paid upfront as part of the purchase price. The average down payment on a house will typically range from 3% to 20%, depending on the type of loan, the lender, and other criteria. This amount varies, often depending on the type of loan you're getting, but it is always at least one percent of the purchase price.

Real Estate Owned (REO) is a term used in the real estate industry to describe properties that a lender, typically a bank, has taken back into its possession after an unsuccessful foreclosure auction. Here’s a detailed overview of REO properties, including how they become REO, their characteristics, and the advantages and disadvantages of purchasing REO properties.