The PropertyClub Blog

Adverse possession is commonly associated with squatters gaining ownership of a property after living there for an extended time and meeting the necessary legal requirements to claim adverse possession. But the legal doctrine is far more nuanced and even a neighbor who puts up a fence three feet over the boundary line or a neighbor who has been using your garage for several years without your permission could make the legal argument that they now own the property over the boundary line or garage, even though they don’t.

Determining the "most libertarian" states in the U.S. depends on various factors, including economic freedom, personal freedom, regulatory policies, and overall government intervention. Several sources rank states based on these criteria. Let's explore some of the states that are often considered the most libertarian.

If you’re renting in New York City and the end of your lease is coming up, you might be getting nervous about the potential for a rent increase. Your landlord can increase rent between lease renewals to offset their own increase in bills, but by how much can they hike it up? To help you understand everything you need to know about the rent increase in NYC, we’ve come up with this comprehensive article for you.

The monthly payment for a $150,000 mortgage depends on several factors, including the interest rate, loan term, and whether the loan has a fixed or adjustable interest rate. Here, we'll consider a few common scenarios to give you a general idea of what to expect.

The final walk-through is a crucial step in the home-buying process, occurring just before closing. It is the buyer's opportunity to ensure that the property is in the agreed-upon condition and that any repairs or changes promised by the seller have been completed. Here’s a detailed look at what the final walk-through involves and what buyers should look for:

Determining how much house you can afford on a $70,000 annual salary involves considering various factors, including your down payment, debt-to-income (DTI) ratio, credit score, interest rates, and other financial obligations. Here’s a detailed guide to help you estimate your affordability:

Townhouses are a popular style of building found worldwide that offers many benefits to tenants and property owners. But there is often confusion over what constitutes a townhouse and what kind of benefits they offer. So, here is everything you need to know about townhouses.

The efficiency apartment, or the “one-room studio”, is an increasingly popular budget-friendly option in metropolitan and urban areas like New York City, Los Angeles, and San Francisco. A typical efficiency unit is a small apartment of around 300 square feet, with a lower average monthly rent than your average studio. As a more affordable option than a studio, efficiency apartments are a good option for people who want to save on rent and don't need to live in a larger studio with a more spacious floor plan.

Due diligence in real estate refers to the comprehensive process of investigating and verifying all aspects of a property before finalizing a purchase. This crucial step ensures that buyers are fully informed about the property's condition, legal status, and potential risks, thereby helping them make a well-informed decision. Here's a detailed look at what due diligence in real estate entails.

If you’re renting an apartment, you will likely need to be able to provide potential landlords with an employment or proof of income letter to show that you can afford the home. This could also be required for purchasing a house, so it’s important to know what to expect. If you need to write a proof of income letter, check out these things to know and our template below. 

A Comparative Market Analysis (CMA) is a crucial tool used by real estate professionals to determine the fair market value of a property. It involves comparing the property in question to similar properties that have recently sold, are currently on the market, or were listed but not sold. The goal is to establish a realistic price range for the property based on the current market conditions.

In real estate, understanding the difference between appraised value and market value is crucial for buyers, sellers, and investors. Both terms are used to estimate a property’s worth, but they serve different purposes and are determined through different methods. Here’s an in-depth look at what each term means and how they differ.