Real Estate Deeds Made Easy Since 1997 – Deeds.com
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Does It Fit Into Your Estate Planning? Have you thought about transferring your home into a co-ownership, so the person you’d like to have your home certainly will have it after you pass away? Whether you want to leave your…
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Airbnb: Why It’s Hot, How It Works
The enduring appeal of the family-run bed-and-breakfast has met technology. With an app from Airbnb (from “air mattress B&B”), or the somewhat similar VRBO (“vacation rental by owner”), homeowners can make money from their extra rooms or even their entire…
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The “House Hacking” Trend: When a House Is a Rental Property Too
House hacking is the art of making a primary residence out of an investment property, having rental income cover the homeowner’s costs. Millennial Money calls it a way to “use other people’s money (tenant rent) to pay down the mortgage and…
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How Does a Grant Deed Work?
The title to a house can be conveyed from one owner to the next by through a transfer of a deed. Different kinds of deeds provide different levels of risk for the person acquiring the title. Among the various types…
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Is a Quitclaim Deed Subject to Tax?
Quitclaims are sometimes used to transfer property interests from one family member to another, or between divorcing spouses. Parents might wonder if they should use quitclaims to pass property to children to avoid the probate process. It’s easy enough to…
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Real Estate Tax Changes Could Be Coming: Spotlight on Capital Gains and the Stepped-Up Cost Basis
A new administration might bring real estate tax changes. No matter what happens in this area, it’s worthwhile to know what’s going on that might affect your plans to bequeath your real estate. So here we take a look at…
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A Guide to Private Mortgage Insurance
Private mortgage insurance, commonly known as PMI, is a specific type of insurance you might have to pay when you take out a mortgage. As a rule, a mortgage lender tacks on the policy, which comes from a private insurance…
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Can Hackers Take the Title to Your Home?
Know the Signs. Prevent Identity Fraud. The title to your home is a precious document. It proves that you own your home and that you may borrow money against your home equity. Can internet hackers take it from you? Cybercriminals…
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Social Media Influence and Real Estate
About three quarters of the U.S. population — some 225 million adults — make regular use of social media. Real estate companies and agents, as well as sellers and buyers, are contributing to this energy, and exploring the opportunities it…
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Home Buyers, Cover Your Assets: Choosing Between Standard and Extended Title Insurance
People have a chance to buy title insurance when they buy homes. Homeowners might give these policies little thought until they need them. And yet, lenders focus pointedly on the matter. Get a mortgage, and you get a lender’s title…
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Guide to Buying an Estate Sale Home
Heirlooms and yard tools aren’t the only things you can get at estate sales. Sometimes, the houses themselves are for sale. And sometimes they’re great choices. The local probate court oversees estate sales when homeowners die intestate (without leaving a…
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Guide to Selling an Inherited Home
The roof is old. The house costs a fortune to heat. Over the years, tree roots have insinuated themselves into the sewer line. The property taxes and insurance costs are high. You’re handy at certain do-it-yourself home renovation tasks. But this…
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Six Trends That Will Define Real Estate in 2021
What does the future hold in store for real estate? After an unimaginable 2020, dare we guess? There’s one thing we can say. People want to sell and buy houses. A few key facts and trends can give us some…
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What Is a Short Sale — And What Does It Mean for Home Buyers?
When you’re browsing the listings, you might encounter the terms pre-foreclosure or short sale. What’s the scoop on these homes? It all starts when homeowners with mortgages find themselves under water — property values drop, and a homeowner owes more…
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Concierge Services for Home Sellers
Today’s Real Estate Pros Let You Renovate Now and Pay Later Concierge services are making a big splash in the real estate world. Chances are, you’ve received postcards from local agents showing before-and-after images of recently spruced-up homes. Text on…