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Expert Insights on Real Estate Deeds:
Be Ready. The Great Generational Deed Transfer Comes With Some Extra Baggage
The earliest-born boomers are reaching their 80s this year. And, inevitably, many of their deeds are poised to move to younger generations. Along with those deeds, the beach-themed garden gnomes are coming, too. Yes, the vast majority of real estate...
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Read moreRich Buyer, Poor Buyer. When Mortgage Lenders Give Away Money, Who Gets It?
U.S. Treasury Secretary Scott Bessent recently declared that we’re getting past the “K-shaped economy.” In a K-shaped economy, lifestyles get better for those at the top, while others’ financial situations wilt. One segment of the population keeps...
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Read moreLooking for Midterm Boosts, Trump Floats Capital Gains Tax Cuts. Should Deed Holders Tune In?
Trump officials are floating tax-break ideas in the lead-up to the midterm elections. One recently mentioned proposal: bigger capital gains exemptions for deed holders who decide to sell their homes. Under current law, the Internal Revenue Code’s...
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Read moreWhy Home Purchases Fail to Close (and How to Avert the Snafu)
On closing day, the buyer goes to their agent’s or real estate lawyer’s office, or the office of the settlement agent. The closing agent will give the buyer the papers to sign, one at a time. If you’re a buyer, you’ll be relieved and happy about...
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Read moreDetroit Is Back. Hopeful Buyers Are Noticing.
Back in 2013, Detroit was the largest U.S. city ever to declare bankruptcy. After getting through that process, the city got its bearings. Free from the weighty debt, Detroit could start spending on the people’s needs. Over the past decade, a lot...
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Read moreForty Trillion and Counting: Massive U.S. Debt Is Already Impacting Deed Holders
The U.S. government’s debt appears to have reached escape velocity. It’s now passed the $40 trillion mark. This year, we the taxpayers will pump $5.6 trillion in revenue into the Treasury. The federal government will spend about $7.4 trillion....
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