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Real Estate

New Lead Paint Certification Required for Renovation Contractors

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Today, April 22, 2010, the final portion of the Environmental Protection Agency’s Lead Paint Renovation, Repair and Painting Rule takes effect. All contracting firms performing renovation, repair and painting projects that disturb lead-based paint in homes, child care facilities, and schools built before 1978 must now be certified, use individuals with accredited training and must …

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New PAR Agreement of Sale Form Available

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After some delay, the Pennsylvania Association of Realtors has released its new 2010 form Agreement of Sale. You can find a sample of the PAR Standard Agreement for the Sale of Real Estate on the Pennsylvania Association of Realtors website. If you have questions on the new form, please contact us in our …

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Will You See Solar Panels in Your Neighborhood?

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Will you see solar panels in your neighborhood? Maybe, or maybe not depending on whether there is a homeowners association and what the restrictions for your neighborhood say – but it may not matter for long. Pennsylvania State Representative Tom Houghton has recently indicated he intends to put forth legislation which would prohibit Homeowners …

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RESPA Changes

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Effective January 1, 2010 new HUD rules went into effect which require the settlement process for borrowers to be made more clear by the use of new forms. The Good Faith Estimate form and HUD-1 Settlement Statement required by the Real Estate Settlement Procedures Act (RESPA) has been revamped. Lenders, borrowers and title companies need …

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Builders Can No Longer Provide Seller Financing to New Buyers

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By: Transactional Department Pennsylvania’s new Mortgage Loan Industry Licensing and Consumer Protection Law, intended to provide better government control over mortgage lending practices, was amended in August 2009. The law requires that, in almost every instance, anyone issuing a loan primarily for personal, family or household use, which is secured by a mortgage on residential …

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Read Your Title Report!

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By: William J. Burke, III Whether you are buying a home, a lot on which you hope to build your dream home, an investment property, or land that you hope to develop, the quality of title is often the most important aspect of the transaction. Title problems, such as easements, may impact the value …

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West Chester, PA
17 West Gay Street
P.O. BOX 515
West Chester, PA 19380
(610) 692-1371
Phoenixville, PA
120 Gay Street
P.O. Box 289
Phoenixville, PA 19460
(610) 933-8069