
Real Estate Deeds Made Easy Since 1997 – Deeds.com
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A quitclaim deed is a simple form that transfers a piece of real estate from one person to another. Any homeowner can fill out a quitclaim deed with their name and the name of the recipient, and the property’s existing…
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How Wall Street Real Estate Firms Get Richer—and Get Tax Breaks
After the 2007-09 financial crisis, a string of companies bought up foreclosed houses and flipped them into rental homes. Sometimes, they rented to the very same people whose homes were foreclosed and bought out. Ever since then, these firms have…
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About That Mortgage Interest Deduction
If you’re a mortgage borrower, you pay interest on your loan every month. As the end of the calendar year approaches, you’ve probably paid quite a lot of interest on your loan. The silver lining is your ability to add…
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How Does the IRS Check Primary Residence Status?
When you buy a home, it can be a primary residence, a second home, or investment real estate that you plan to rent out to others. Most individual home buyers are purchasing homes they want to live in — primary…
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Is Blockchain Stuck in a Bottleneck?
Blockchain is a perfect fit for real estate contracts. How so? Just imagine you’re signing a home purchase contract. You, like the other parties in the deal, have your copy of a smart contract. Not a third party — you.…
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Various Ways to Own or Co-Own a Home
If you’re like most mere mortals, your real estate will outlive you. That’s why your real estate title does double duty as an estate planning aid. It tells the world how the title can move on, whether or not there’s…
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Mortgage Companies Roll Out New Deals for Inflationary Times
As our readers know, the typical 30-year fixed mortgage rate is above 7% now — having surged several percentage points in just the past year. The tension is high for potential buyers looking for access to finance, and mortgage lenders…
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Remote Online Notarization Takes a Major Step in 2022
The House of Representatives has passed a bill that advances remote online notarization (RON) in a major way. Once the bill becomes law, it will establish nationwide standards for notaries to perform their work remotely. It’s the SECURE (Securing and…
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Deed Scam Update: Fake Documents Transfer Dead Floridians’ Houses
In Daytona Beach, a suspect has pleaded “not guilty” to organized fraud. The crime involved two homes, stolen by deed fraud, with multiple notaries enlisted as part of the scheme. The Volusia County, Florida suspect faces a first-degree felony charge,…
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In Virginia, Using Blockchain-Like Tech for Land Records
Land titles need to be stored for as long as the land lasts, and they need to be stored securely. They represent major investments. This is why the title insurance industry exists. Title fraud is one of the big threats…
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What the New Generations Want in a Home
Millennials have finally arrived — in their own homes. It hasn’t come easy to them. Millennials and younger people do want to buy homes, but they’re presented with an obstacle course along the way. Of millennials, 65% believe buying a…
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Is It Too Late to Refinance My Mortgage?
Reacting to a pandemic, the U.S. Federal Reserve launched a monetary policy that pressed mortgage rates astonishingly low — at one point they dipped below 3%. In late 2021, the Fed did an about-face. And the rates shot up. The…
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A Seller Wouldn’t Hide a Defect, Right?
The question is more loaded than you might think. Almost every buyer finds something amiss in the home after taking the keys. A few minor things here and there? No big deal. But often, the problems are far more than…
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Here’s the Lowdown on Mortgage Fraud Today
Mortgage fraud involves a loan approval based on false statements or omissions. It can also involve getting some other kind of improper advantage from a lender through false statements — such as being allowed to make a reduced loan payoff,…
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A Blockchain Property Deed
Milestone in Vermont The Vermont city of South Burlington has become a trendsetter in blockchain deed recording. Looking at the South Burlington test run, we can see that a deed on the blockchain doesn’t look like some futuristic metaverse creation. (Scroll…
