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Expert Insights on Real Estate Deeds:
The Best Laws Against Deed Theft: How Does Your State Rank?
For those concerned about where deed theft is taken most seriously under the laws, the data security firm EquityProtect has the facts. The company’s new Property Protection Scorecard sums up the current status of each of the 50 states and Washington,...
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Read moreJoint Owner With Survivorship Rights, Not on the Mortgage
Perhaps your home’s deed is vested as JTWROS, but the joint owner is not on the mortgage. Will this be an issue if you pass away before your final payoff? This is a common situation for joint deed holders. The good news? This is not complicated....
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Read moreTennessee Deed Fraud Law Update
If you hang your hat in Tennessee, watch out for a potential law that changes the way deeds are submitted and verified. Somebody nearly stole Elvis Presley’s Graceland home in Memphis through deed fraud. Brent Taylor, a Republican State Senator in Memphis,...
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Read moreBuyer Can’t Get a Mortgage. Seller Will Take Installment Payments. A Win-Win?
In a “contract for deed” or installment contract, a seller provides financing directly to the buyer. No mortgage company is involved. The harder a mortgage approval is to get, the more attractive this alternative becomes. It can be a lifeline...
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Read moreWaiting for Home Prices to Drop? Don’t Count on It.
Some hopeful deed holders have waited a long time for property values to fall. Home prices remain high. Interest rates, too. It’s a time of war and simmering inflation. Generally, mortgage rates go up when inflation goes up—and when our federal...
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Read moreTitle Thieves Are Robbing the Dickens Out of Homeowners
Richard Helbig is a 75-year-old retired home renovator. Now, Helbig is back to work—as a dishwasher. What happened? He lived in his four-bedroom home in North Carolina for 16 years. He redid the kitchen and bathrooms. He paid off the home loan...
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