Tag: real estate closing

Will baby boomers turn into party poopers when they unload their homes in large numbers starting in the next decade? Could they create an indigestible oversupply in the market that …

You?ve been in your house for a while and are still fond of the place. But it’s no longer exactly what you need or want. So, do you put the …

What is the Time Value of Money? The time value of money (TVM) is the concept that money available at the present time is worth more than the identical sum …

REAL ESTATE AND POLITICS Whether or not the average homeowner realizes it, politics is the most important factor influencing the price of real estate, affecting the state of the economy, …

FORCED VS. NATURAL REAL ESTATE APPRECIATION Real estate appreciation is far from being a new concept when it comes to real estate investing. Moreover, many real estate investors choose real …

WHAT IS A REVOCABLE LIVING TRUST?-A revocable living trust is a popular estate planning tool that you can use to determine who will get your property when you die. Most …

He is not a full man who does not own a piece of land.? REAL ESTATE INVESWTMENT – An old Hebrew proverb that still offers value in our modern-day lives. …

Estoppel is a common law doctrine which, when it applies, prevents a litigant from denying the truth of what was said or done. The doctrine of estoppel by deed (also …

An easement is a property right that gives its holder an interest in land that’s owned by someone else. It’s common for people to lack a clear understanding of easements …

Once a deed is recorded, it becomes part of the public record and cannot be changed. However, sometimes an error in the recorded deed is discovered by one of the …

When you think of a “nonprofit” what do you think of? Most likely, you think of a group making a difference in your community. Maybe you are thinking of a …

  RISKS AND REALITIES OF CONTRACT FOR DEEDS While contracts for deed offer some advantages over a traditional mortgage, such as speed and simplicity, they can entail distinct risks for …

Closing a property deal can be a long and stressful exercise that involves lots of steps and procedural formalities. Closing occurs when you sign the papers that make the house …

Why You Should Spend Your Money On Experiences, Not Things When you work hard every single day and there’s only so much money left after your regular expenses, you have …

Party Wall A partition erected on a property boundary, partly on the land of one owner and partly on the land of another, to provide common support to the structures …

Requirements for Recording Real Estate Documents The Following Documents Do Not Require A Legal Description For Recording. Death Certificates, Power of Attorneys, Wills, DD214, Certificates, and Miscellaneous Documents. The following …

Take a step back from whatever housing data you normally look at. We’ll begin big picture with how many housing units are needed to accommodate changes in the United States. …

Single-member vs. Multi-member LLCs A husband and wife can be considered a single-member LLC if owned in a community state. If you’re the sole owner of your LLC, the IRS …

Attorney Whether by the homeowner’s choice or the actions of a disgruntled creditor or contractor, there are a number of ways that the owner’s title to the property can be …

Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a …