Divorce Attorney In Virginia, Divorce Attorney In Virginia

If you are looking to sell your home quickly because of divorce, we can help. We offer no-contingency contracts, so that you don't have to worry about the deal falling through. We will help you close in less than 2 weeks so you can move on with your life. Call Shaun O'Toole at (757) 724-1428.

BROKER
One who acts as an intermediary between parties to a transaction. A real estate broker is a properly licensed person who, for a valuable consideration, serves as an agent to others to facilitate the sale or lease of real property.

FORECLOSURE (OR REPOSSESSION)
Legal process by which a mortgaged property may be sold to pay off a mortgage loan that is in default.

REMAINDER ESTATE
A future interest in real estate created at the same time and by the same instrument as another estate, and limited to arise immediately upon the termination of the prior estate.

RUNNING WITH THE LAND
Rights or covenants which bind or benefit successive owners of a property are said to run with the land, such as restrictive building covenants in a recorded deed which would affect all future owners of the property.

JUNIOR MORTGAGE
A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid first.

USEFUL LIFE
That period of time over which an asset, such as a building, is expected to remain economically feasible to the owner.

SCHEMATICS
Preliminary architectural drawings and sketches; basic layouts not containing the final details of design.