Real Estate Deeds Made Easy Since 1997 – Deeds.com
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In normal times, we’d now enter a predictable phase of the real estate cycle: spring’s brisk market. But this year, buyers are concerned about mortgage rates. Granted, rates are calming down a bit after touching 7% in March. And in…
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Selling Your Home? First-Time Sellers Have Thoughts to Share.
A new Zillow® survey has come out recently and it’s getting a good deal of attention. The survey polled first-time home sellers. More than 8 in 10 from this group of thousands of sellers say they missed something that could…
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Home Equity Stripping: Does It Work?
As a mortgage gets paid down, the home becomes a store of value for its owner. To other parties, that store of value can be “deep pockets” that make suing more attractive. With equity stripping, a homeowner reburdens the property…
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Legal Incompetence and Deed Transfers
To transfer real estate, a person needs the legal capacity to do so. Similarly, the recipient has to be legally capable accepting the transfer. Any necessary witnesses have to be capable of carrying out their responsibilities as well. A deed…
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In Blockchain, “Trust Will Be the New Killer App” Says Major Accounting Firm PwC
One of the “big four” accounting firms, PwC (PricewaterhouseCoopers), has published its 2023 Digital Asset Predictions. Under the headline 5 Crypto and NFT Trends That Matter Right Now, the company says “trust will be the new killer app.”
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Warning: When Not to Sign Over Your Deed
Transferring the deed to your home is a simple matter. Generally, you just have to find the current deed to your home, then get the right deed form to write up your new deed to convey to another party, and take the…
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Welcome News: Some States Are Helping Seniors Defer Their Property Taxes
Taxes keep going up, following property values. But some homeowners — and buyers — can tap into county or state property tax breaks. Some states exempt seniors from property tax. Some states let eligible homeowners put off paying property taxes…
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The New York Times Tours the Metaverse
“The Next Hot Housing Market Is Out of This World,” announces The New York Times. “It’s in the Metaverse.” The metaverse is an online landscape, which people visit using their own digital twins. Metaverse real estate deals, says the Times…
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Would You Become a Real Estate Broker to Buy Your Own Home?
Recently, a D.C. schoolteacher was in the news after getting licensed as a real estate agent. Why was this newsworthy? Because her reason for getting licensed was to learn the ropes, stop renting, and buy a house in the burbs.…
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What’s My Deed? Sorting the Private From the Official Deeds
Home deeds come in two general categories: private, and official. As long as there are legal issues that need to be solved between people, official deeds will always be created. Yet most real estate transfers happen person-to-person, with private deeds.
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Remote Jobs Are Still Here. And They’ve Transformed Our Living Spaces.
We called it in 2020. Three years have passed, and now we know. The work-from-home and hybrid office trends that followed the 2020 office shutdowns have settled down into a comfortable norm. In 2021, Upwork predicted that a fifth of…
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What Does a Condo Deed Give You? Can You Be Forced to Sell?
Most condo owners keep their property as long as they wish, until they sell or bequeath it on their own terms. Howard Fellman, though, is being told to sell — by the investment company that wants his Florida condo unit.…
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The 1031 Exchange Helps Real Estate Buyers Avoid Tax. Joe Biden’s Not a Fan.
The president’s proposed 2024 budget would end the famous 1031 exchange, a popular tax rule that helps property sellers avoid capital gains tax. Basically, it’s a way of swapping one investment property for another. But Joe Biden’s budget calls it…
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Going Green at Home? Use This Guide to Claiming Your Inflation Reduction Act Credits
It’s time to send in those tax returns. Looking at what we did last year prompts us to think about how to save more this year. At the same time, home energy tax credits and rebates are rising, thanks to…
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Looking for Silver Linings: Do Bank Failures Mean Lower Mortgage Interest Rates?
Silicon Valley Bank’s dramatic collapse doesn’t mean banks are in trouble generally. But… As a tech-focused institution in the San José area, SVB’s stumble sends out a clear signal. Pricey California metros could see lower housing costs ahead. The bank’s…