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Something strange happened in Philly early in 2014. The late Norman Johnson signed a deed from the grave, transferring a South Philadelphia rowhouse for only $15,000 to Amen Brown. Dawn Presbery, the daughter of the deceased and the home’s real…
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U.S. Eviction Moratorium Ends July 31. Payback Time Will Not Be Pleasant
July 2021 — Renters have a few weeks to regroup before monthly rent is due as usual after July 31. Congress has approved Covid-19 stimulus payments including $46 billion in rental support. But can the government distribute it fully before…
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Not Entitled? Owners of “Heirship Properties” Locked Out of Disaster Relief
July 2021 — Elsa was the earliest “E” storm we’ve ever experienced, and Colorado State University now has raised its 2021 Atlantic hurricane season prediction. We should now expect 20 named storms, says CSU. This, after the unprecedented 2020 hurricane season.…
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From Crowdfunding to Tokenization: The Evolution of Shares in Real Estate
July, 2021 — Real estate has long functioned as a store of equity value that owners can exchange for money, loans and lines of credit. Yet the typical real estate transaction is associated with a cumbersome, bureaucratic, and fee-heavy process that…
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DACA Beneficiaries (“Dreamers”) Can Now Buy Homes With FHA Loans
In 2021, FHA home loans are once again attainable for hundreds of thousands of young beneficiaries of Deferred Action for Childhood Arrivals (DACA). Brought to the country as young children, DACA recipients are called Dreamers because they received temporary conditional…
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Breaking Legal News in Hawaii: Home Sellers Must Now Disclose Sea Level Risks
It’s a sign of the coming times. Hawaii’s Senate Bill 474 has amended the state’s flood hazard disclosure rules for residential real estate. Disclosures now must include sea level rise exposure, in alignment with hydraulic and hydrological data from the Hawaii Climate…
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Issue Spotting: Buying a Home With an Unmarried Partner
Thinking of buying a house with your partner? Many unmarried couples decide to live together, often co-owning their homes. Here are some questions to consider if you’re thinking of making a similar commitment. Will One Partner Take Out the Mortgage?…
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Sellers Rejected Your Offers? Get Back on Track to Closing
Making a Strong Offer in 3 Strategic Stages You’re financially ready. You’re excited to be shopping for your new home. But you’re getting slammed by the competition! Now, how do you make offers with confidence and get your home purchase…
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The 1031 Exchange and Other Real Estate Tax Staples: Will the Biden Administration Make Changes?
In the $1.8 trillion American Families Plan, Joe Biden is looking at tightening up the tax code to move more funding into families and education. What tax provisions could be changed? The 1031 exchange (like-kind exchange) tax-deferrals for business or rental…
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Decentralized Finance (DeFi) and Real Estate Investments
Real estate is known as an illiquid asset. Turning real estate assets into cash is a complex, costly process. This is so, whether the owner is selling, or seeking profit from steady rental income. Returns on an initial investment are…
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Immigration for U.S. Real Estate Buyers
…And the Return of the EB-5 Investor Visa In the United States, real estate investment opportunities abound. International real estate buyers can earn profits and bolster the U.S. economy at the same time. Some people invest from outside the borders.…
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Creating Affordability: Deed-Restricted Workforce Housing
Buying a home is a major challenge for a large segment of our population, and many people can’t afford homes near the workplaces that need them. With the travel and hospitality sectors reopening for business, the problem is growing more…
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Blockchain Is Now Legal Tender In El Salvador. Real Estate Investors, Take Note.
June, 2021 — As Deeds.com readers know, we’ve been watching the steady emergence of blockchain for real estate applications. Blockchain, which was introduced to the world through Bitcoin in 2009, is here to stay. How can we say so? It’s…
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With Home Prices Soaring, Condos Are a Relative Bargain. Here’s How Their Deeds Work.
Home values shot up over the past year. Now, in the second half of 2021, demand remains high. But did you know that condo prices, on average, have only risen about half as much as single-family homes? The difference is…
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The Biden Administration Confronts Racial Bias in Appraisals
Black-owned homes are regularly low-balled in appraisals. It’s been happening for generations. Now, the Biden administration is confronting the issue. On June 1, 2021, the president said a new task force will deal with race-associated disparities in home appraisals. Housing…