Things To Consider When Investing In Commercial Real Estate

Auricchio Law Offices represent clients who purchase or sell residential and commercial real estate. Identifying and defining each term is essential to understanding the pros and cons of both types of investments. Residential real estate centers on single-family homes and smaller multifamily properties with 2-3 units. Commercial properties are used to generate profit. Examples include […]

How CryptoPunks & Real Estate Are Connected

When people discuss NFTs (non-fungible tokens), the market surrounding digital art such as CryptoPunks is likely to surface. If you haven’t heard of them, take a minute to look up CryptoPunk #5822. It is a pixelated alien with teal skin and a blue bandana that looks like it could have been a character on an […]

Celebrities, Foreclosure Alternatives, & Challenging Life Events

Everyone struggles. Because of how easy it has become for people to broadcast their lives, we get a false impression that celebrities don’t face the issues that challenge us all. Having more money doesn’t eliminate problems. Expensive assets and property are costly to maintain. For example, if you purchase a boat for $1 million, you […]

Three Different Kinds Of Real Estate Deeds

A deed is not a title. A deed is a signed document that establishes that an asset has been transferred. Because this article centers on real estate, the specific asset we are discussing is a home or real property (i.e., land). You will have a title that serves as proof of ownership when you own […]

Purchasing Real Estate That Isn’t Real (Sort of?)

We had a tough time coming up with a name for this article. At first, we thought about calling it something along the lines of “Buying Real Estate That You Can’t See,”—but that might’ve given you the wrong impression. Although people buy houses without ever physically seeing them in person, that isn’t what we are […]

What The Avengers Tower Would Cost In Chicago

Let’s merge fiction with reality. One of Tony Stark’s most underappreciated superpowers is his ability to purchase real estate. Even with Stark Industries making an appearance on the Forbes’ List for most successful fictional enterprises, he seems to have a significant amount of wealth. Take just one of his cars, the Rolls Royce Phantom. That […]

Cryptocurrency & Real Estate

The fact we are discussing this is exciting. The idea that we would have a viable, new currency was unthinkable to most at the start of the millennium. Because we have become more digital, our currency and products (e.g., NFTs) have followed suit.  Some elements could present issues regarding whether you can purchase real property. […]

Breaking Down Earnest Money

When you buy a home in a seller’s market (i.e., when there are more motivated buyers than properties available), you must understand the different elements of the deal. Homeowners who are selling don’t want to accept an offer, sign an agreement, take their home off the market, and go through the due diligence process only […]

Reasons To Walk Away From A Home Purchase

In addition to money, there are a lot of emotions tied in with buying a home. When you fall in love with a house, you begin to envision your future there. Maybe it has a balcony where you plan on having coffee each morning, or it is near where you work. The latter may inspire […]

Resolving Your Condominium Association Disputes

Over 65 million people live in a home that is overseen by a community association. These exist for a multitude of reasons. The associations usually ensure that each home holds a standard so that its appearance or condition doesn’t negatively affect someone else’s home value. Neighbors have a common interest in terms that they want […]