| Mortgage Foreclosures |
| A lender has a right to foreclose when a borrower fails to make payments and/or fails to comply with other terms of a mortgage, such as the payment of real estate taxes and the payment of insurance premiums. Employment changes, unforeseen medical expenses, divorce, lawsuits, and financial mismanagement can take their toll on a borrower's ability to comply with those requirements. Although the borrower may be in default of the mortgage's terms, the lender will not always proceed to foreclosure immediately. Usually, the lender will allow the borrower to cure the default within a set period of time and will forbear filing a foreclosure action as long as the borrower remains in compliance.More... |
| Radon In The Home -- The Dangers |
| For years, there was been widespread news coverage regarding the dangers of radon gas in the home. Radon gas is the second leading cause of lung cancer in the United States. It is invisible and has no taste. Accordingly, a specific type of testing must be performed in order to determine the presence of radon gas in the home. More... |
| Mortgages -- Mortgages and Deeds of Trust Distinguished |
| In connection with real estate financing, sometimes the terms "mortgage" and "deed of trust" are used interchangeably. The two are not the same. In fact, important differences exist. More... |
| Home Warranties |
| In today's real estate market, it is not uncommon for either a buyer or a seller to purchase a home warranty. Such warranties usually cover appliances, as well as the systems within the house, including heating/air conditioning, electrical, and plumbing. Typically, the cost ranges from $350 to $500 for an average home. More... |
| Explanation of Mediation |
| We all hope to live harmoniously with our neighbors. Sometimes, however, disputes arise due to varying lifestyles. One way to resolve disputes is through the use of a form of alternative dispute resolution known as mediation.More... |
William Bryant Claiborne
Born and raised in Halifax county. Practice focus on Personal Injury, Family, Real Estate and Criminal law matters.
