Real Estate Deeds Made Easy Since 1997
Should sites like Redfin.com, Realtor.com, and Trulia.com have crime figures on their websites for home shoppers? Here are the arguments now being made on either side of the question. We start with a brief rundown of specific real estate sites that are formulating new policy.
2021 Fair Housing Law Roundup Diversity, inclusion and fairness are key goals for today’s real estate industry. Biased appraisals thwart these goals. To help remediate the problem, California enacted Assembly Bill 948 on Sep. 28, 2021. Under the new law, bias in appraisals is against the appraisers’ licensing law as well as state’s Fair Employment …
Doing Good Deeds Virginia has had enough. Starting in 2020, its lawmakers barred the recording of deeds with restrictive covenants that offend the Virginia Fair Housing Law. Virginia also supplied a way for owners to formally delete these restrictions from existing deeds. Virginia has followed the lead of other states, such as Washington, that help property …
Continue reading “Virginia and New Jersey Property Owners Are DELETING Unfair Deed Restrictions”
The enduring appeal of the family-run bed-and-breakfast has met technology. With an app from Airbnb (from “air mattress B&B”), or the somewhat similar VRBO (“vacation rental by owner”), homeowners can make money from their extra rooms or even their entire houses. More than 5 million listings appear today on Airbnb’s website, in more than 100,000 …
Home shopping and investment property buying are rapidly joining the digital arena. Can technology offer new models to alleviate bias in lending practices? The expanding property tech trend offers convenience in mortgage and property shopping. It offers effective ways to market properties for property owners and managers, now that marketing messages can be placed online …
Your home is your castle. But language in your deed just might keep you from installing a pool, constructing a basement apartment and renting it out, or using a non-neutral shade of paint on your exterior walls. Here is a brief explanation of deed restrictions and how they impact individual homeowners — and entire communities.
Restrictive covenants are binding obligations not to do something with your property. These restrictions on real property are normally contained in a deed. Restrictive covenants originated to keep industry out of residential areas. To this day, homeowners’ associations use deed restrictions in order to make condo owners adhere to established aesthetics or the property’s historical character. They …
Continue reading “Is a Hurtful Deed Restriction Lurking in Your Deed?”
In real estate, the chain of title is the history of the property’s ownership. When a property is sold, the title is transferred, and these transfers form the chain. Researching the chain of title is among the tasks performed by a title company when a buyer signs a contract to purchase a property. The chain …
Continue reading “What is the Chain of Title in Real Estate?”