December 2018 - Lulich Attorneys & Consultants
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Monthly Archives: December 2018

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Purchasing A Home with Cryptocurrency

By Lulich Attorneys & Consultants |

Cryptocurrency is essentially digital currency. It can be used to make financial transactions. According to Equity Trust, there are numerous types of cryptocurrency. Six of the most common types currently are: Bitcoin Bitcoin uses open-source software. It also uses blockchain technology to help make online transactions safer from malicious attacks. There’s no third party… Read More »

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What Is a 1031 Exchange and How Should It Be Handled?

By Lulich Attorneys & Consultants |

The number “1031” refers to Section 1031 of the U.S. Internal Revenue Code. A 1031 exchange is a strategy, according to Realty Mogul, used by real estate investors to defer capital gains income taxes (or income tax losses). Normally sellers of homes, buildings, and land must pay capital gains taxes at the time they… Read More »

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Title Insurance for a Quitclaim Deed?

By Lulich Attorneys & Consultants |

Title insurance is a way of protecting the real estate you buy or own from claims of creditors, prior owners, and third-parties against your real estate. A quitclaim deed is a way of transferring an interest in real property that essentially says the seller isn’t sure what rights he/she has – but whatever interest… Read More »

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Closing/Title Services – For Sale by Owner

By Lulich Attorneys & Consultants |

The main incentive for homeowners to sell their property on their own, for sale by owner (FSBO), is to save the broker’s commission. A broker’s main job is to find buyers for properties that will pay a fair price for your home. Brokers should also advise buyers on all aspects of the purchase –… Read More »

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Real Estate Sales Contract Review

By Lulich Attorneys & Consultants |

Both buyers and sellers should have an experienced Florida real estate lawyer review an agreement of sale BEFORE they sign the agreement. Once the agreement is signed, it becomes much harder to negotiate any changes. In most cases, buyers will offer much less than the listing price. The listing price is mainly the starting… Read More »

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Title Insurance for a Manufactured Mobile Home?

By Lulich Attorneys & Consultants |

Buyers of single homes, duplexes, townhouses, condominiums and other permanent structures should purchase title insurance. Title insurance is for the purpose of protecting homeowners from claims to ownership or use. Claims include assertions by prior owners, third-parties, creditors, and others that they have an interest in the property. Buyers want their real property to… Read More »

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Real Estate Settlement Problems

By Lulich Attorneys & Consultants |

Both the buyer and seller want the closing to go smoothly. The buyer wants the keys to house, wants a quality house, wants a house with clear title, and wants enough cash back to be able to focus on enjoying the home. The seller wants to maximize the amount he/she gets for selling the… Read More »

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What Your Medical Bills Really Say About Your Injuries

By Lulich Attorneys & Consultants |

A lot depends on your medical bills. Your doctors, hospitals, therapists, pharmacies, and other health care professionals can’t get paid unless the bills are accurate. Medical bills are a key factor in determining the amount of your pain and suffering award. Often insurance adjustors and defense lawyers base their settlement offers on a multiplier… Read More »

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Factors Involved in Determining Pain and Suffering

By Lulich Attorneys & Consultants |

In any type of personal injury case, the victims suffer a range of damages. Some of the damages can be quantified. These economic damages include the costs for hospital surgeries, doctor visits, medications, and medical equipment. Economic damages also include lost income due to the inability to work or earn a living. Property damage… Read More »

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How Lawyers Work with a Title Company?

By Lulich Attorneys & Consultants |

It’s essential for the lawyers for both the buyers and sellers to work with the title company in advance of settlement and at settlement. Cooperation and planning can mean the difference between a smooth settlement and scrambling to finish the settlement on time. Faulty planning can even mean the settlement is delayed or cancelled…. Read More »

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