Real Estate Deeds Made Easy Since 1997 – Deeds.com
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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…
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Fine-Tuning Your Mortgage: Can a Recast Loan Make Sense?
A recast mortgage could be an option for homeowners who need to tweak their mortgage payments. Most big banks allow at least one recast for a client with a conventional (Fannie Mae or Freddie Mac) mortgage loan. To recast the…
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How to Replace Your Current Mortgage With Cash-Out Refinancing
For a homeowner who has built up substantial equity, a cash-out refinance can free up funds for big projects. Lenders expect to see many requests for these loans this year. According to industry research, cash-out activity should spike in the…
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Interest Rates Are Low. Does That Make Refinancing a Good Deal?
Today’s low interest rates are exciting, and many homeowners are thinking about refinancing their mortgage loans. There’s a sort of FOMO (Fear of Missing Out) in the rush to get loans. But for those who already have fairly low, fixed…
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The Partial Release of Mortgage: When You’re Only Selling Part of Your Property
What if a potential buyer is interested in acquiring a part of your property, and you’re willing to sell? If you’re a land owner with full rights in a piece of property, you may legally sell any part of it…
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On the Rise (and Protected From Prop 19): The Interspousal Deed in California
A quitclaim deed is sometimes used for transferring a home between spouses, but another option in some states is the interspousal transfer grant deed (“interspousal deed”). It, too, can pass a house between spouses without a sale. The interspousal deed,…
