Tag: Property Value
-
Is It Legal to Bury Someone in the Backyard (and Would It Impact the Deed)?
This summer, a construction crew unearthed a surprising discovery in northwest Tucson, Arizona. Human bones. Turns out they were from a person buried on once-private land, by their family, some 50 years ago. Which brings up a question some deed holders ask: Is it legal to bury a human body on residential property? The answer…
-
Is the Backyard Cottage Written Into the Deed, or Recorded Separately?
You might be familiar with guest houses or garden suites. You might have seen detached garages turned into cottages, or finished basements converted into rental space. Town managers call these extra living spaces ADUs: accessory dwelling units. A house deed typically does not point out an ADU on the property. But the additional living unit…
-
Florida: The Newest Boomtown State
Of all states, California has the biggest housing market. But population growth is shifting. Since the pandemic began, it’s Florida, of all the states, that got the fastest population increase. More than a thousand people relocate to Florida daily. Florida’s now in second place for total home property value — surging ahead of New York…
-
The Big Tease: Look Out for Rising Interest on a Home Equity Line of Credit
Once you get a deed to your own home, you have special wealth-building powers. Pay off the mortgage faithfully month by month, and you own increasing home equity. This is how your home turns into value you can tap when you need or want it. A home equity line of credit (HELOC) gives you an account…