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Transfer on Death Deed: Second Thoughts?
Avoiding the probate courts is an important goal for some homeowners. That’s why the transfer on death deedhas achieved popularity. One by one, most states have now adopted the option. Sometimes called the TOD deed, or just TODD, it offers…
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What’s Going On With Fannie Mae and Freddie Mac?
Many people acquire deeds by applying for conventional loans. When we say conventional, we mean loans supported by our country’s federal housing agency through two powerhouses of the mortgage world: Fannie Mae and Freddie Mac. That’s why we keep current…
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The Water Log: A Deed Holder’s Intro to Storm Runoff
Storms aren’t exactly getting milder out there. And did you know that rainstorms can implicate a property owner’s rights? Severe or recurrent storms can create significant challenges for a deed holder. Flooding is the costliest risk for homes. Here, we…
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The Land Equity Loan: When You Hold a Deed to Unbuilt Land
Land without any construction on it (with or without utility infrastructure) has value. That value, minus any secured debt on the land, is called land equity. It’s possible to borrow money from equity. It’s one way to get cash without…
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Ghoulish: Who Steals Deeds From the Dead?
In Houston, stealing deeds from dead people is a thing. Investigators are looking into a deed fraud scheme carried out by three people. These people allegedly laundered deeds of dead homeowners through their limited liability companies. Then they sold the…
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Meanwhile, in Ohio…Seniors Get Warnings of Deed Wholesaling Scams
In Ohio, seniors are being warned of unexpected offers from real estate marketers who want to buy homes. The state’s Real Estate and Professional Licensing body as well as the Department of Aging and Richland County are all working to…
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What’s “Undue Influence” in the Transfer of a Deed? Massachusetts Appeals Court Speaks
A homeowner transfers a deed. But someone else in the deed transferor’s circle isn’t too happy about who got it. Was the deed transfer fair? Yes, it was, if that’s how the owner wanted to pass property along. Of course,…
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Q & A: Why Did I Get a Notice of Default on the Mortgage?
It’s that time of year again. Mortgage holders’ bank accounts face extra stress in many households. The 2024 tax bills are now due. So are estimated 2025 taxes for small business owners. When taxes are done, what if insufficient funds…
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Modern Inconveniences: Remote Transactions and Deed Fraud
A CBS news outlet says online swindlers are “overwhelming county deed offices” throughout the state of Maine. Worse, it’s left targeted title owners scrambling to recover their properties. Many are forced to take their cases to the courts for quiet…
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KB Home Introduces Southern California to Its First “Fire-Resilient” Development
“Nothing is ever fireproof. We’re always just seeking to try to narrow those paths of destruction.” — Roy Wright, CEO, Insurance Institute for Business & Home Safety KB Home, a large real estate developer, has just introduced the first U.S.…
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Turning a Hotel Into Homes for Seniors, Vets in Palm Beach County
Palm Beach County, Florida is about to lose 1,000 affordable units over the coming five years. Why? Agreements with developers established restrictions that reserved affordable units for 15 to 30 years. Those restrictions are about to expire. This comes at…