Why All The Fuss Over Real Estate Transactions?
Why doesn’t real estate just sell for the asking price instead of having to go thru all the paper work…? Wouldn’t it be easier to just put a price on it and sell it for that price? We don’t go thru all of that when purchasing cars or anything else. Where did this practice start? Land is important, it is immovable, they are not making any more, and it is uniquely identifiable by location. It is used as a basis for taxation, and social status. Not too long ago, the vast majority of the population worked by farming land. Precisely how much land goes with a parcel, and precisely what the boundaries and limitations are, is critically important. Taking just a few square feet away can mean that it cannot be used for a given purpose. Rights of easement are important to everybody served by that easement. Wars have been fought over simply the right to pass over a piece of land. Zoning disclosures are a real issue with at least twenty percent of all properties, as well as any number of their is
