Category: Law Firms

Younger Buyers Shifting Stance on Home Sharing and Renting as an Income Source

Young home buyers have been quite keen at home sharing and renting as a source of income, which is quite a change from the older generations.

A somewhat shocking share of buyers under age 40 are fine with the idea of renting out their homes, or at least space in them, for future rental income or to help pay the mortgage.

Nearly half (48%) of Gen Z buyers and 40% of millennial buyers who purchased a home in the past year say the opportunity to rent out the entire home for future rental income is very or extremely important to them

A significant share of Gen Z, ages 18-24, and millennials, ages 25-39, also say they want the opportunity to rent part of their home while they live in it: 42% of Gen Z and 35% of millennials say the ability to do that is very or extremely important to them.

For more information or any questions regarding sales tips for real estate agents, contact Chang Legal today.

Easy 1-Day Home Upgrades For Selling Home

There are many easy home improvement possibilities that may get overlooked when trying to upgrade your home. Here are some of the easiest ways you can give your home a new look in one day without needing a large budget or amount of effort.

Add a coat of paint to what you already have

Now this doesn’t mean that you have to paint your child’s entire bedroom again. Regardless of what you’re painting, adding a new coat of paint can give that item an entirely different life. Here are a few ideas that make a big difference:

 – create an accent wall in a room

 – repaint trim or crown molding

 – give your front door a bright new color

 – spray paint faucet fixtures instead of replacing the whole faucet or sink

Swap out cabinet handles, light switch and outlet covers

Getting new handles and wall plates can make huge yet subtle difference. Swapping out cabinet handles will have the biggest impact on the kitchen. Alternatively, you can switch out any handles or knobs on other dressers or cabinets you have around your home.

Add some plants

Besides making your home look pretty, plants provide more oxygen for your home, reduce stress and anxiety, and help clean the air around you.

Add or replace doormats and rugs

If you have hardwood or tile flooring in your home, you may want to consider adding a rug. In addition to protecting the flooring underneath, this will help decrease the noise in your space and warm up the rest of the room.

For more information or any questions regarding sales tips for real estate agents, contact Chang Legal today.

Tenants’ Rights With Eviction Lawsuits

Although renting a property may seem easier than owning a home to most, there are certain guidelines a tenant must follow to ensure they do not receive early termination from their rental. Most tenants do not need to worry about maintenance problems and paying the property taxes of the land, however, they must pay rent on time as well as follow the rules the landlord requires.

Dealing With An Eviction

If you just suffered an eviction, there are many things you may be able to do if you feel that you have been evicted unfairly. The first thing to do is contact an attorney to look at the situation and inform you what can be done for you. The effects of an eviction can be very expensive for both sides of the case, the landlord and the tenant. The lawsuit may appear on the tenant’s credit report which can affect their future in purchasing a home or leasing another property. It is crucial for the tenant to never hide that they have been evicted before if they are asked when trying to rent another property or on a job application, as they may be accused of fraud by denying it took place.

It is essential to remember, as a tenant, you have rights in an eviction lawsuit. If you have been evicted unfairly and are able to prove the landlord’s violation of the terms of the rental agreement, that will affect the case greatly. It is important to ask your attorney the following questions to determine if the eviction is legal:

How will an eviction affect my credit score?
How long does the eviction information stay in public records of my credit report?

Determining the severity of your eviction case is vital to be able to pursue legal action against your landlord, this is why it is important for you to consult with a real estate attorney, such as ChangLegal. Contact us today to learn more about how we can support you with your eviction lawsuit case and other real estate issues today.

10 Real Estate Terms You Should Know

At Chang Legal, we’re here to help you get through the often confusing process of legal real estate transactions, but we’re also here to help you learn more about how real estate law works. As is true of any industry, real estate law has its own set of terms that may not make sense to someone not well-versed in the field. Listening to a banker, real estate lawyer, and sometimes even a realtor can make some people feel like they are speaking another language. So with that in mind, here’s a list of the top 10 most important real estate law terms that you should know.

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