Real Estate Deeds Made Easy Since 1997 – Deeds.com
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A Key Planning Tool for a Homeowner’s Future With a power of attorney (POA), you can appoint a trusted, competent person to act for you later, if you can’t carry out real estate transactions on your own behalf. In POA…
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Real Estate Legal Descriptions for Deeds
What’s the real estate legal description that goes on a deed? A real estate legal description for a deed is not made up of the glowing words in a real estate marketer’s flyer — as grand as that would be!…
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Healthy, Wealthy and Wise: Age at Home, Your Way
To age in place is an increasing popular goal. Homeowners across the country are renovating their homes to enhance accessibility and lengthen their independent, productive lives. Of course, there’s a lot more to their goal-setting than preparing to install ramps…
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How Much Will You Pay Your Real Estate Agent?
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…