Real Estate Deeds Made Easy Since 1997 – Deeds.com
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Ever thought about placing some of your key assets in instruments that bypass the probate process? In a number of states, homeowners have the option of placing their real estate in a transfer on death deed. Think of a retirement…
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Zeroing In: The “Subject To” Clause in Your Real Estate Deed
The rights and restrictions that come with a real estate purchase can be complicated. The “subject to” phrase means the full story may not be visible within the four corners of a deed. Look for the phrase “subject to” in…
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Viral Fraud: More Deed Crime Targets in the Coronavirus Economy
Well-known schemes are being repackaged for the time of COVID-19. Here’s an overview of how real estate fraudsters are approaching their targets — and how to avoid becoming one. Scams flare up during natural disasters and financial crises, so we…
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Buying a Home? How Covid-19 Has Changed the Game
COVID-19 has changed the real estate market. Understanding the recent changes can help buyers prepare for the transaction, and set reasonable home buying timelines. Here is an overview of changes in the buying process. We conclude with a 6-point checklist…
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Pandemics, Property Transfer Breakdowns… The Digital Real Estate Industry Is Coming
The latest impetus to digitalize real estate might just turn out to be the tipping point. Practically overnight, COVID-19 is a defining element of our time. This hideous and deadly virus became a major challenge to the systems that carry…
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First-Time Home Buyer Pro Tips
Thinking of buying your first home? First-time buying is exciting. It’s filled with the dreamy pleasure of beholding perfect kitchens, bedrooms and baths, and the cliff-hanger phone calls about your loan approval. (“We’re nearly there! I just need one more document…”) You’ll peruse home…
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Five Top Benefits of Owning a House or Condo
Homeownership has its perks. Resolving to buy rather than to keep renting can be an excellent financial decision. Here, we take a look at five top benefits of going from renter to owner—and a few key things to consider before you make…
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Buying Real Estate: Are the Generations Really Different?
Are generations different in their approach to buying real estate? The fundamentals of buying real estate arguably haven’t changed, but financial and technological trends have. And with more people seeking houses than houses to be found, home prices have taken…
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Lien In: A Primer on Mechanic’s Liens
In every state, contractors who do work on a home can place a mechanic’s lien (construction lien) on the title if they do not get paid. A mechanic’s lien is a claim filed for work done, materials supplied, or both. By operation of state law,…
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What Happens If the Mortgage on Your Home Outlives You?
Mortgages can span decades. Naturally, not all homeowners outlive these long-term loans. Here, we discuss what happens when a homeowner passes away with a loan still on the home. This can be a tough topic to confront, but reviewing the potential scenarios will help…
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Marriage and Real Estate: A Brief Tour
When two married people own real estate together, how do their rights work? Here, we walk though the most basic questions about couples and their homes.
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If You Inherit a House, Act. A Cautionary Tale About Putting Off Probate
Five years ago in Texas, John died, willing his house to a nephew, A.W. Today, A.W. wants to get ready to sell the house, and pay off some debt. Here’s the rub. The will never went through probate, and a…
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When a Spouse, Partner, or Relative Dies: What’s Next for the Home?
Homes are complicated assets. When a homeowner dies, this becomes obvious. When loved ones are experiencing grief and loss, the real estate details can border on overwhelming. If someone in your life died holding an interest in real estate, here…
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Age-Restricted Communities: How They Affect Your Real Estate
Looking at homes in a 55+ community? You might wonder: Will I be able to leave my age-restricted condo home to my children? Before buying your new home in an age-restricted community, check the homeowners’ association rules on inheritance. Your realtor might have mentioned two…
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Medicare and Medicaid: Can They Take Your Home?
States can go after the assets of people 55 and older who have relied on government-funded medical services. Do states actually wield this authority? If they do, can people protect their homes from these recovery actions? Here are the basics to explore with your estate planning expert.
