Tag: deed holders
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Floridians May Change Their Constitution to Slash Property Taxes. Is That a Good Thing?
Floridians are feeling the pressure of inflation. Higher insurance premiums. Higher fuel costs. And Floridians have extra challenges, given the weather extremes impacting the state. A typical deed holder also has to pay property taxes of around $3,000 a year, based on current Florida home values. But in the upcoming election, Floridians will have their…
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Warning to Deed Holders: Don’t Fall for These Property Tax Relief Videos
Toby D. is a tax assessor in Douglas County, Colorado. Suddenly, Toby D. is fielding phone calls from disoriented deed holders. Some callers ask if school property taxes in the Colorado county have been abolished. Some ask if it’s true that tax hikes were halted for seniors. Multiple people call with strikingly similar questions each…
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Playing Dirty With Deeds: Listing Scammers Swarm Social Media
Agents from coast to coast are sending out warnings about a scheme on TikTok. Bogus listings are attracting hopeful renters and buyers, then taking off with fees and deposits. The advertisements on TikTok, Facebook Marketplace, Instagram, and other popular platforms show attractive prices—but they’re designed to pick the pockets of innocent people. At the same…
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Got Wealth? Deed Holding Beats Renting at Every Age, Federal Reserve Finds
Buying a home is expensive. But the investment in a deed can pay off as equity increases. Holding a deed is a pillar for household wealth-building, according to the Federal Reserve’s Survey of Consumer Finances. It’s not surprising that the Fed has confirmed this. Yet it’s interesting to see how the U.S. central bank lays…
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Illinois Tax Sale Reform News: What Deed Holders Now Must Know
A new court ruling, plus a new state law, is strengthening Illinois deed holders at risk of losing their hard-earned home equity because of unpaid property taxes. It’s about time. Thousands of Illinois deed holders have lost their homes and all of their home equity over relatively minor tax debts. Consider the Kidd household. After…
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Looking for a 3D-Printed Home? Wells Fargo Has Mortgages with Lender Credits
Wells Fargo just said it’s ready to issue mortgages on homes built with 3D printing technology. The Austin-based startup ICON, now a leading U.S. robotic construction firm, is building the homes. At a prior ICON-built development in partnership with Lennar, the financing was handled by Lennar itself. Now, Wells Fargo will issue loans for ICON…
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Head Off Family Fights in Advance: 8 Smart Estate Planning Moves for Deed Holders
No doubt you’ve experienced it, or more than a few of your friends have. Parents pass on, and then the adult children aren’t speaking. It can happen in any family. Well, you might think, I won’t have to deal with such matters once I’m gone. True. But your heirs (called “beneficiaries” if you use a…
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Stonewalled: Insurance Denied for Massachusetts Homeowners’ Boundary Land
The Massachusetts courts recently said something deed holders should know. The case could impact other states in addition to Massachusetts, depending on how their laws appear on the books. Last month, the Massachusetts Appeals Court ruled that Old Republic Title Insurance Company could legally deny coverage for land the policy holders owned if the land…
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Read and Keep This Info: A Deed Holder’s Disaster Preparation and Recovery Guide
The scout’s motto works well for the homeowner. Be prepared. Know where you can receive the kinds of services and support that enable deed holders to rebound after a disaster. You might like to bookmark this page for future reference. You might also wish to go through its content with other members of your household.
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Residents Sue, Citing Deed Restrictions, to Stop Construction on Their Neighbors’ Yard
In the University Woods subdivision of Houston, residents saw construction begin on an extra, “Airbnb-style” house on their neighbor’s property. They sued to halt it. Their claim? Putting an extra building on a home property violates the local deed restrictions.
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Multiple States Demand Paybacks From Company That Paid Deed Holders to Use Its Brokerage in the Future
States have come down hard on listing agreements that bind deed holders to one brokerage to sell their homes in the future. Now, under a settlement agreement, MV Realty must pay restitution for the harm done to Massachusetts deed holders for contracts that bound customers for 40-year periods. If MV Realty complies with the agreement, it will…
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Are Risky Mortgages Making a Comeback? Here’s What We All Must Know.
Adjustable-rate mortgages (ARMs) can be helpful financial tools. They can also create trouble when the rate adjusts upward. Since the pandemic, adjustable-rate mortgage loans have seen a comeback. And some market watchers are becoming concerned. As one headline put the point this month: Adjustable-Rate Mortgages Caused Trouble in 2008. They’re Worrying Experts Again.
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Judge Forces White House Budget Director to Keep Consumer Bureau on Life Support
Begrudgingly, Russell T. Vought just requested $145 million from the Federal Reserve to keep the Consumer Financial Protection Bureau — which he runs — alive. Barely. Only a few months of the CFPB’s work will be covered by that $145 million. Judge Amy Berman Jackson declared in a December 30, 2025 federal court order that…
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Higher SALT Caps, Lost Credits: How the 2025 Tax Law Affects Deed Holders
On the Fourth of July, 2025, Donald Trump signed the “Largest Tax Cuts in History” into law. California’s governor calls the law a plan for the ultra-rich. And yes, as SmartAsset.com points out, independent analyses show most of the new tax cuts will benefit those who already enjoy high incomes. Many changes begin with the…
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Deed Holders “Turn Complaints Into Paperwork” After County Hikes Property Taxes
Deed holders in Davison County, South Dakota get a tax bill for each parcel they own. Many property owners were startled by their latest tax bills. In previous years, parcels of land were combined, giving their owners a lower overall tax assessment. Unwilling to pony up the money for the higher taxes, some are choosing…
