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Residential Real Estate

PHFA Model Notice – No Safe Harbor – The Extensive Implications of Beneficial Consumer Discount Co. v. Vukmam

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By: Kristen Wetzel Ladd The Pennsylvania Superior Court issued a recent decision which may impact many pending mortgage foreclosure actions and cause lenders to look more closely at notices that are sent. The case involved the question of whether the Act 91 Notice (required under 35 P.S. § 1680.403c) sent by Beneficial to a mortgagor …

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Is Your Property Unfairly Assessed?

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Watch John Fiorillo as explains the Uniformity Principle. Owners of commercial and residential real estate should watch this informative video to learn more about the Uniformity Principle. Property values have decreased over the past few years. If you believe your property is assessed at a rate higher than its fair market value, contact …

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Are Your Real Estate Taxes Too High?

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Watch Attorney John Fiorillo as he addresses ways to reduce your property tax assessment and tax bills and the reasons that your assessment might change. This is the first in a series of videos for residents of Chester County, Montgomery County and Delaware County, Pennsylvania who need to reduce their personal or business …

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Real Estate “Offer” vs. Contract

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With the approach of Spring and Summer comes a more active residential real estate market. The process of buying or selling a home may have become just a little more complicated due to the recent decision handed down by the Pennsylvania Superior Court in Trowbridge v. McCaigue. Buyers, sellers, and real estate agents need to …

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Buying at a Pennsylvania Sheriff’s Sale

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Every County in Pennsylvania conducts periodic sheriff’s sales of real estate.  The sales are conducted in an auction format with open bidding.  The properties at sale are being sold as the behest of a creditor attempting to recover money owed.  While there are numerous opportunities, there also exist numerous risks. 

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Are you paying too much in real estate taxes?

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By: John K. Fiorillo We can easily and quickly assist you in evaluating whether your property is over assessed. Your real estate taxes usually support your local school district, County and in many instances, your local municipality. Two things factor into your real estate taxes; your tax rate and your assessment. The tax rate …

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Protection for Those Engaged in Real Estate Design and Construction

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By: Donald C. Turner If you are involved in the design, planning, supervision or construction of improvements to real estate in Pennsylvania, you should know that there are state laws that limit the time period to make claims based on defective design or construction and for injuries that arise out of design or construction …

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Is your home properly assessed?

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By: John K. Fiorillo In this economic climate, chances are the assessed value of your home is higher than it should be. Your assessment should represent a specified percentage of your property’s fair market value. In Montgomery County, Pennsylvania, properties are supposed to be assessed at 54% of their fair market value. In Chester …

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