Real Estate Deeds Made Easy Since 1997 – Deeds.com
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Working past “retirement age” has gone mainstream. Twelve million people aged 65+ continue to work. Many hang onto their deeds. And this includes deeds to every kind of home. Baby boomers without children present now own more 3+ bedroom homes…
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When Your Starter Home Becomes Your Forever Home: How to Weather the Lock-In Effect and Make the Most of Your Deed
Who wants to sell a home when they have a low-rate mortgage and land in a market where interest rates are twice as high? No wonder so many people are just sitting on their deeds. It’s the lock-in effect. We’ve…
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Be Ready. The Great Generational Deed Transfer Comes With Some Extra Baggage
The earliest-born boomers are reaching their 80s this year. And, inevitably, many of their deeds are poised to move to younger generations. Along with those deeds, the beach-themed garden gnomes are coming, too. Yes, the vast majority of real estate…
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Rich Buyer, Poor Buyer. When Mortgage Lenders Give Away Money, Who Gets It?
U.S. Treasury Secretary Scott Bessent recently declared that we’re getting past the “K-shaped economy.” In a K-shaped economy, lifestyles get better for those at the top, while others’ financial situations wilt. One segment of the population keeps climbing; the other…
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Looking for Midterm Boosts, Trump Floats Capital Gains Tax Cuts. Should Deed Holders Tune In?
Trump officials are floating tax-break ideas in the lead-up to the midterm elections. One recently mentioned proposal: bigger capital gains exemptions for deed holders who decide to sell their homes. Under current law, the Internal Revenue Code’s Section 121 shields…
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Why Home Purchases Fail to Close (and How to Avert the Snafu)
On closing day, the buyer goes to their agent’s or real estate lawyer’s office, or the office of the settlement agent. The closing agent will give the buyer the papers to sign, one at a time. If you’re a buyer,…
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Detroit Is Back. Hopeful Buyers Are Noticing.
Back in 2013, Detroit was the largest U.S. city ever to declare bankruptcy. After getting through that process, the city got its bearings. Free from the weighty debt, Detroit could start spending on the people’s needs. Over the past decade,…
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Forty Trillion and Counting: Massive U.S. Debt Is Already Impacting Deed Holders
The U.S. government’s debt appears to have reached escape velocity. It’s now passed the $40 trillion mark. This year, we the taxpayers will pump $5.6 trillion in revenue into the Treasury. The federal government will spend about $7.4 trillion. For…
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Breakthrough: Solo Female Home Buyers Earn More Than Male Peers.
Here’s Where and How They’re Buying. Across the United States, single women are putting their earnings into home purchases. Now, about those earnings. Because there’s some big news. This year, the National Association of REALTORS® (NAR) noted that first-time single…
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Floridians May Change Their Constitution to Slash Property Taxes. Is That a Good Thing?
Floridians are feeling the pressure of inflation. Higher insurance premiums. Higher fuel costs. And Floridians have extra challenges, given the weather extremes impacting the state. A typical deed holder also has to pay property taxes of around $3,000 a year,…
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Warning to Deed Holders: Don’t Fall for These Property Tax Relief Videos
Toby D. is a tax assessor in Douglas County, Colorado. Suddenly, Toby D. is fielding phone calls from disoriented deed holders. Some callers ask if school property taxes in the Colorado county have been abolished. Some ask if it’s true…
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Want a Condo Deed? Watch for a New Level of Scrutiny on Your Mortgage Application
Ever purchased a condo unit? You may recall the lender checking up on whether the condo association is keeping enough money in reserve, whether anyone might be suing the association over structural issues, and so forth. Cautious lenders scrutinize the…
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The Future of Retirement: Mortgage Debt and Smaller Social Security Payments?
Social Security has been working for 91 years. Over these nine decades, the retirement experience has changed a lot. Today’s over-60 crowd is working longer and harder, for one thing. Largely gone are the days when housing expenses tapered off…
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The Deed Holder’s Ace in the Hole: Home Equity in an Emergency
Deed holders are racking up debt these days. Fuel, electricity, and food all cost more. And don’t get us started on insurance premiums and property taxes. All it takes is one surprise—a tree falling on a roof or a broken…
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Trump Administration Intervenes in U.S. Bond Market. How Will This Impact Home Buyers?
It seems that ever since COVID struck, inflation just won’t let up. Interest rates on U.S. bonds (the “yield” you get from investing in a government bond) are also pressing higher. As long as yields on bonds climb upward, analysts…
