Now that we’ve settled into a new year, let’s talk business. Are you thinking about (or in the process of) buying or selling a business? Have you wondered whether you need an attorney? Of course, my answer is “yes,” but let me tell you why! A good business attorney can help you understand and navigate everything from the first steps to the letter of intent, to the purchase agreement, and, ultimately, the closing. These are just a few of the many common questions I get from clients who want to buy or are in the process of buying a business. A good business attorney can help you not only understand the overall process but can also review and negotiate the…
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$21 million in real estate – and more…. Clients and others that I work with often ask me what other kind of legal work I do. Rather than answer in generalities or point you to the website, here’s a snapshot of the work I did for clients during 2020, and some ways I hope to be paying it forward: Closed over $21 million in residential and commercial real estate transactions – purchases, sales, and refinances ranging from small condos to multimillion-dollar waterfront property and everything in between. There’s more to it than moving the funds and overseeing matters to ensure compliance with South Carolina law. I went in depth with clients on matters including property taxes, how to hold title…
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Real estate buyers and owners beware – the new flood maps are out, and you may be surprised by some of the changes! Some homeowners who were previously in an X flood zone (“low risk”) are now finding themselves in an AE flood zone (areas more prone to flooding). What does this mean for you (apart from the obvious, increased flood risk)? If you have a mortgage, and your lender wasn’t requiring flood insurance – you might be required to have it now. And usually, lenders are required to escrow flood insurance premiums, so your monthly mortgage payment may change as well. “What if I just ignore that letter I got from my lender and don’t get flood insurance?” That…
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