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Expert Insights on Real Estate Deeds:
How the Beneficiary Claims a Transfer on Death Deed
A transfer on death deed is designed as a simpler way to pass a home along to someone else—in states that allow these deeds. With the TOD deed, a home passes much the way a bank account passes to the account holder’s named beneficiary. Ownership...
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Read moreTransfer Current Deed When Moving to Senior Care: Wise Move or Not?
You’re thinking of transferring the deed to your home and moving to an assisted living community. Is this a good idea? Can it keep the deed from being taken over to pay for care? Is it the best way to get the deed to your chosen beneficiaries and keep...
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Read moreDeed Holders’ Rights and the Rise of Flock Cameras
Flock cameras have become a controversial addition to neighborhoods across the country. They’ve been purchased by police, private and commercial property owners, campuses, and homeowners’ associations (HOAs). The Flock Safety corporation has been...
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Read moreMortgage Borrower: Is Someone Looking to Take Your Deed?
In a case that has received wide attention, an heir to a home in Queens got an email from the mortgage servicer. It was about an address change. When asked about the letter, the company said someone had paid off the loan. The owner then went to the property...
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Read moreThis Week’s Big News for Deed Seekers: Fannie and Freddie Shift to VantageScore® in Loan Decisions
The price of stock in Fair Isaac, a.k.a. FICO®, just tanked. It happened after the Federal Housing Finance Agency (FHFA) director announced a change in the way Fannie Mae and Freddie Mac will consider an applicant’s credit scores. (The FHFA oversees...
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Read moreShould I Buy a Home Now? Or Wait for Lower Mortgage Rates?
Remember when market watchers forecast mortgage rates under 6% this year? What happened? In the big picture, interest rates have been in a tug of war between the White House and the U.S. central bank. But at the end of the day, it’s the bankers’...
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