Real Estate Deeds Made Easy Since 1997 – Deeds.com
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Purchasing a home is one way to have control over your housing. But homeownership is also a wealth-building superpower. Pay off the mortgage, and the loan balance shrinks. Month by month, the home becomes a source of value that can grow…
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Hybrid Appraisals Are New to Real Estate. Are They Good or Bad?
The hybrid appraisal is now allowed for real estate transactions and financing. It’s a form of real estate appraisal that’s completed from the appraiser’s desk, using information from the home that came remotely, from a data collector. This is also…
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Your Mother Wants to Add You to the House Deed. Good Idea?
Invited to put your name on the deed to a home? It might seem totally natural to just say “thank you.” But stop and think a moment. If you accept a new deed, perhaps a quitclaim, with your name added…
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It’s a Bird. It’s a Plane. It’s a Super Lien!
Some states give certain liens a special status: super liens! Whoever records a super lien gets their money back first — they jump in front of the prior recorded liens on the property. Sometimes, homeowners’ associations have this super power.…
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Holding Low-Interest Loans, Many Homeowners Are Too Comfortable to Move
Home sellers are staying away from the market in droves this year. Millions fewer new listings hit the spring market. Zillow reports that the February 2023 volume of listings is down 23% year over year. The missing sellers are sending…
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St. Paul Steps Up: City Begins Discharging Racial Exclusions From Deeds
A racial covenant is language in a real estate deed that puts homes off-limits to certain buyers. It could say the deed may not be conveyed to particular social groups, such as Black, Asian, or Jewish people. Recently, St. Paul…
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Here’s What Citigroup Says About Blockchain for Real Estate
Citigroup is a leading global investment bank. And it says blockchain “could be a good fit” for real estate. Traditional real estate often lacks transparency, relies on a lot of middle people, and is generally cumbersome to sell, according to…
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Real Estate Elevated: Utah Scrambles to Meet Buyer Demand
Looking for homes in and around Salt Lake City? In just the past three years, home prices in Weber, Morgan, and Davis counties are up more than 40%. Forbes recently cited data from March 2023, showing the median sale price…
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Single Women Buying Homes: A Powerful Force
Single women are a force to be reckoned with in residential real estate. Most real estate marketing photos show couples and families. Understandably, considering that the National Association of REALTORS® says couples do buy the bulk of homes for sale.…
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Light at the End of the Tunnel? New Credit Score Models Are Coming
For every 15 people banks approve for mortgage loans, one applicant gets turned away. That one person is likely to be a member of a minority group. And the barrier could be a credit score. But at least some good…
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New York’s Attorney General Gets Tougher on Deed Thieves
New York Attorney General Letitia James has announced a new package of legislation to create the specific crime of “deed theft.” Deed theft occurs when someone conveys a property deed to another party without the informed consent of the rightful…
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Coinbase Plans to Enable Bitcoin Real Estate Buys. Will It Succeed?
In April 2023, in a U.S. first for cryptocurrency, Coinbase enabled bitcoin purchases of Texas real estate. In June 2023, real estate in other “select states” will be available. The company behind the integration is a startup named MyEListing. Based…
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Legislate Corporate Landlords Out of Town? Nevada Might Just Try.
“I am meeting young people who make $78,000 and they cannot find a home. They cannot bid (against investors). They don’t have the money…Who wants to pay $3,000 a month for their first home? Nobody. It’s unsustainable.” —Dina Neal, a…
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At What Age Is It Time to Buy a Home?
It’s legal to buy a house at the age of majority. That special number is 18 years old — with a few exceptions. People reach legal adulthood at 19 in Alabama and Nebraska. And Mississippi residents are late bloomers—they stop…