Real Estate Deeds Made Easy Since 1997 – Deeds.com
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Homes are among the priciest items most of us ever buy. A significant slice of the purchase goes into paying the real estate professionals. Clients should know what they’re paying. Listing agents throughout the United States charge sellers 5-6% of…
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For Property Investors: Six Steps to a 1031 Exchange
Owners of U.S. investment or business properties should know about a key tax-deferral provision allowed by the Internal Revenue Service: the 1031 exchange. Also called a like-kind exchange, it’s a way of swapping one investment property for another. Upgrading to…
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Fine-Tuning Your Mortgage: Can a Recast Loan Make Sense?
A recast mortgage could be an option for homeowners who need to tweak their mortgage payments. Most big banks allow at least one recast for a client with a conventional (Fannie Mae or Freddie Mac) mortgage loan. To recast the…
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How to Replace Your Current Mortgage With Cash-Out Refinancing
For a homeowner who has built up substantial equity, a cash-out refinance can free up funds for big projects. Lenders expect to see many requests for these loans this year. According to industry research, cash-out activity should spike in the…
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Interest Rates Are Low. Does That Make Refinancing a Good Deal?
Today’s low interest rates are exciting, and many homeowners are thinking about refinancing their mortgage loans. There’s a sort of FOMO (Fear of Missing Out) in the rush to get loans. But for those who already have fairly low, fixed…
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The Partial Release of Mortgage: When You’re Only Selling Part of Your Property
What if a potential buyer is interested in acquiring a part of your property, and you’re willing to sell? If you’re a land owner with full rights in a piece of property, you may legally sell any part of it…
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On the Rise (and Protected From Prop 19): The Interspousal Deed in California
A quitclaim deed is sometimes used for transferring a home between spouses, but another option in some states is the interspousal transfer grant deed (“interspousal deed”). It, too, can pass a house between spouses without a sale. The interspousal deed,…
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Escheat Homes and the Bizarre Business of Heir-Tracing
There’s an old saying: Where there’s a will, there’s a relative. Like many old sayings, this one is nearly always true. Still, what if someone dies, leaving no heirs to take title to a house left behind? In some cases,…
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Hot Tips for Tax Season — And for Hopeful Homeowners
Tax season is here. What better time to think about the tax implications of a real estate investment? Here is a selection of updates and tips, based on 2021 news and policy trends. We’ve designed this article to be informative…
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Buying a Home With a VA Loan
Real estate buyers qualify for home loan benefits from the U.S. Department of Veterans Affairs if they’ve performed 181 consecutive days of active duty (90 consecutive days in wartime), or spent 6 years in the National Guard or Reserves. Surviving…
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Two Properties, One Mortgage?
The Pros and Cons of Consolidating Your Home Loans Can money be lent for multiple houses through one mortgage? It can. A number of scenarios could count as multiple properties and one mortgage. Here, we look at a few examples.
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On Stage and Behind the Scenes in a Mortgage
The Key Financial Roles and How They’re Played Especially for first-time buyers, getting to know who’s who in the loan process can be complicated — even surprising! First you meet the mortgage broker. Soon, other actors emerge. As your broker…
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When Your Seller Offers You a Home Warranty—Instead of Repairs
Let’s cut right to it. For sellers, throwing in a home warranty can move a transaction along, because it appeals to the buyer’s need for peace of mind. But from a buyer’s side, if appliances or systems are expected to…
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Spring Is Coming. Win the 2021 House-Hunting Game.
The season is beginning. If you’re looking for the right place to put down roots, mental preparation will help you dig into the market. It’s all about knowing what you’re looking for, being conscious of your buying power, and having…
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Pulling It Off: How to Sell Your Current Home While Buying the Next One
Thinking about buying a new home? What are the best options for selling one home while buying the next one? Here, we present several methods and strategic tips. One of these strategies, or a blend of them, could be the…