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Expert Insights on Real Estate Deeds:

When Do You Need a Warranty Deed?

When Do You Need a Warranty Deed?

Sometimes it’s best to use a warranty deed to transfer property. It’s common whenever there’s a seller and buyer who didn’t know each other before their deal. In fact, a mortgage lender or insurance company could insist on a transfer by warranty...

Published on: October 11, 2024

New Jersey Enacts a Raft of Reforms Impacting Deed Holders

New Jersey Enacts a Raft of Reforms Impacting Deed Holders

To take action on the racial wealth gap, New Jersey’s lieutenant governor Tahesha Way signed an update to the Real Estate Appraisal Act, explicitly meant to stop race-based bias from influencing appraisals. As our readers know, appraisals often occur...

Published on: October 9, 2024

Moving to a Community Property State? Here’s What Couples Should Know

Moving to a Community Property State? Here’s What Couples Should Know

You might have heard that some states, like Texas or California, have community property laws. You might have wondered what that was all about. A few other states follow community property law, too. They are Arizona, Nevada, and New Mexico, along with...

Published on: October 7, 2024

FAQ: When the Divorce Decree Conflicts With the Deed

FAQ: When the Divorce Decree Conflicts With the Deed

Many couples own homes together. If they ever decide to separate, they need to know what to do with their co-ownership. They could simply sell the home to solve that issue. But after a legal separation or divorce, one of the two people may want or need...

Published on: October 4, 2024

Who Wins With Rate Cuts? First-Time Home Buyers, or Wall Street Investors?

Who Wins With Rate Cuts? First-Time Home Buyers, or Wall Street Investors?

Hopeful home buyers have waited for the Feds to cut interest rates forever. Well, it feels like forever. In September 2024, Federal Reserve Chair Jerome Powell finally did it. It was the first time the Federal Reserve lowered banks’ interest rates since...

Published on: October 2, 2024

Workforce Deed Restrictions: How Are They Monitored?

Workforce Deed Restrictions: How Are They Monitored?

With housing costs up (and wages not so much), some cities need to give working people a hand. As financial barriers to homeownership continue to frustrate so many wage earners, workforce housing is one way to make deeds attainable. It’s for households...

Published on: September 30, 2024