Real Estate Deeds Made Easy Since 1997 – Deeds.com
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It’s now obvious: the mortgage lending industry is forever changed. Here’s what happened — and what’s likely to come next. The Year of Minimum-Risk Lending Back in April 2020, we noted that mortgage lenders were getting tougher on loan applicants.…
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Types, Titles & Taxes: What to Know Before You Buy a Mobile Home
Mobile homes are popular choices throughout the United States. They’re popular in Pennsylvania, big news in Florida, and in high demand across the southern, western, and midwestern regions of the country. They’ll likely do very well in the months ahead.…
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Buying a Fixer-Upper: What Are the Best Financing Options?
So, you’ve found a diamond in the rough. After major renovations, it will be the perfect home for you. What kind of financing will you need to make it happen? There are several ways to go here. Let’s check out…
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For Home Sellers: Capital Gains Tax 101
Many people sell their homes for more than they cost in the first place. If you are in this fortunate situation, and your home has appreciated in value, you could be required to pay capital gain taxes — not on…
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Solving Title Problems for a Home with a Previous Foreclosure
A foreclosure usually means a previous owner fell into default on the mortgage. When there’s an unpaid mortgage debt, the lender can put a lien on the property, and ultimately claim the property itself. Foreclosures can also happen due to…
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Rising Stars in Construction Tech: 3D Printed Houses
3D printing technology, which applies robotic automation to materials, is making some notable inroads. Let’s take a brief tour of what’s out there. From the East Coast… Recently, a 3D printed house in New York was listed for about $300,000…
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All About Escrow
How Escrow Helps Home Buyers—And When It Hurts Through an escrow arrangement, a neutral go-between holds onto documents or collateral while a transaction is underway. Escrow providers usually charge the parties a fee to accept and hold the assets, redistribute…
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What’s the Latest on Covid Mortgage Relief?
The American Rescue Plan, accompanied by $1.9 trillion in stimulus funding, includes $10 billion in mortgage payment relief for homeowners affected by the massive workforce disruptions of 2020. Still more funding is marked to help homeowners get back on track with…
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Using a Quitclaim Deed: Top 5 Reasons
Are you considering using a quitclaim deed? It’s a fast, simple, and reasonable way to transfer home ownership. It’s a good choice in certain situations. What are those certain situations? In contrast to warranty deeds, which are most often used…
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Race Restrictions Still Appear on Deeds. There’s a Movement Afoot to Delete Them.
Imagine the shock of reading your deed carefully and finding this rule: “This property shall not be resold, leased, rented or occupied except to or by persons of the Aryan race.” The Seattle-based Windermere Real Estate company doesn’t want to put up with…
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Creating a Power of Attorney
A Key Planning Tool for a Homeowner’s Future With a power of attorney (POA), you can appoint a trusted, competent person to act for you later, if you can’t carry out real estate transactions on your own behalf. In POA…
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Real Estate Legal Descriptions for Deeds
What’s the real estate legal description that goes on a deed? A real estate legal description for a deed is not made up of the glowing words in a real estate marketer’s flyer — as grand as that would be!…
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Healthy, Wealthy and Wise: Age at Home, Your Way
To age in place is an increasing popular goal. Homeowners across the country are renovating their homes to enhance accessibility and lengthen their independent, productive lives. Of course, there’s a lot more to their goal-setting than preparing to install ramps…
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How Much Will You Pay Your Real Estate Agent?
Homes are among the priciest items most of us ever buy. A significant slice of the purchase goes into paying the real estate professionals. Clients should know what they’re paying. Listing agents throughout the United States charge sellers 5-6% of…
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For Property Investors: Six Steps to a 1031 Exchange
Owners of U.S. investment or business properties should know about a key tax-deferral provision allowed by the Internal Revenue Service: the 1031 exchange. Also called a like-kind exchange, it’s a way of swapping one investment property for another. Upgrading to…
