The home remodeling trend is on the rise. Harvard's Joint Center for Housing recently released a report estimating an increase in home repair expenditures and home improvement projects to levels far exceeding the historical average of 4.9 percent by the beginning of 2017. Home value increases have afforded 38 million homeowners a minimum of 20 percent home equity. The confidence that homeowners have gained in regards to the worth of their homes has led many of them to invest in their structures.
Imagine you have decided to rent an apartment near downtown Raleigh. You find a place that is affordable and close to work, take a tour of one of the units and decide to sign a lease agreement.
Any time a legal issue arises, people typically have one of two initial reactions. They either want to resolve the situation immediately and quietly or to take the case right to the courtroom. While each of these two solutions can be viable options for people locked in a dispute, there are other options that may be more effective and appropriate.
When people think about product defects, they usually are thinking of the end result of a defect. For instance, instead of thinking about the mechanics of an airbag, you might think of its failure to deploy as the defect. Or you might think of the burns you could suffer from using a tool that malfunctions as a defect.
If you are like many homeowners across North Carolina, you are looking for a housing upgrade. Typically, this would involve putting your home on the market and looking to buy a new one. However, we are in a very tricky housing market with very low supply in many areas. This combined with a high demand leads to skyrocketing house prices and bidding wars, which many buyers prefer to avoid.