Many people assume that when they purchase a piece of land, they own it outright with no hindrances, and rightly so. However, the unfortunate truth is that is not always the case. For this reason, thoroughly reviewing the abstract of title is vital whether that land is here in Louisiana or elsewhere.
The process of looking for the right home for a Louisiana family is not easy. It can be a complex and lengthy process to find the right place, make an offer and negotiate. Buying a home can be an exciting process, but buyers would be wise to think long term at every step, ensuring they do not allow their emotions or the appeal of a home to expose them to risks in the future.
Selling property is an enormous undertaking, and after all of the hard work and effort most people put into the process, it might feel counterintuitive to reject an offer to buy. However, there are several very good reasons for doing just that. Here are a few situations in which it might be appropriate to decline a real estate purchase offer.