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By selling your home yourself, you avoid the realtor’s commission, typically 6 percent. This allows you to either lower your asking price, making your house more attractive to potential buyers, or to complete the sale and pocket the commission that would normally go to the realtors. For instance, on a $350,000 house, a 6 percent commission is $21,000.
Although an attorney is not required in Virginia to assist in real estate transactions,... Read More
To make sure business assets are protected from personal creditors (and vice versa), here’s how to be prepared:
Structure the Business – To avoid challenges from creditors, set up your business as its own limited liability entity such as a corporation or limited liability company. Adhere to legal formalities such as shareholder and directors’ meetings and minutes as outlined in the operating agreement. Business... Read More
