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Deeds.com Real Estate Deeds Made Easy Since 1997

Details: Official Site For All Of Your Real Estate Deed Needs. Blank Forms, Recording, Title Search, Deed Retrieval, And Information. Deeds.com, Making Real Estate …

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Thinking of Forming an LLC for Real Estate

Details: The LLC for Airbnb and Vacation Rentals. With an app from Airbnb, VRBO, or another rental-by-owner platform, homeowners can earn income from their houses. Some owners of vacation homes hold them in LLCs, as rentals …

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Guide to Buying an Estate Sale Home

Details: Probate sales happen all the time. They are a normal part of the real estate world. Some estate sale homes are in rough shape; others are in fine condition, and just need a little updating. An experienced real estate agent can help you find the type of home that suits your goals. Buying a home from an estate may take longer, though.

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For Home Sellers: Capital Gains Tax 101

Details: When you close your sale, your real estate professional or closing agent gives you IRS Form 1099-S for reporting proceeds from your real estate transfer. If you can exclude your profit from capital gains tax, advise your agent by Feb. 15 of the following year.

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Georgia Probate and Real Property

Details: Personal representatives have a statutory power to “sell, rent, lease, exchange, or otherwise dispose of property…for the purpose of payment of debts, for distribution of the estate; or for any other purpose that is in the best interest of the estate” (OCGA § 53-8-10).

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For Property Investors: Six Steps to a 1031 Exchange

Details: The owner oversees the property as a rental for two years to demonstrate the good-faith investment property exchange. The owner lives in the home another two years, and then qualifies for a capital gain exclusion. This is a hypothetical case, and such plans should not be formulated without the guidance of a tax expert or a real estate lawyer.

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Zombie Titles and Foreclosures in Real Estate

Details: A set of guidelines could possibly provide homeowners with a timeline detailing when (or if) the different steps in the foreclosure sale process will occur. Real estate professionals have also suggested limits on foreclosure timelines, which would require a lender who has scheduled a sale for the house to finish the process within a certain

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What is a Life Estate

Details: If the property is located in a state offering homestead exemptions on a primary residence, the life tenant is eligible. Life Tenant Decisions. Should the life tenant decide that living on the property no longer fits their plans, the house doesn’t just …

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Buying a House to Save Money

Details: Real estate investing can also be a business strategy. There are two ways to do it: buy stocks in the real estate market, or buy a building to rent out. Buying stocks in real estate is a topic for another day, but let’s take a moment to look …

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The Partition of Property

Details: The alternative is the partition by sale. State law typically states that partition by sale should happen it the actual parcel cannot be split up without substantial detriment to anyone involved. In this case, the court will order a sale of the entire property sale, possibly on the open market, but typically at a sheriff’s auction.

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For Home Buyers and Sellers: How a Contract for Deed Works

Details: Research the company. Watch for people who take the buyers’ installment payments but don’t pay mortgages on the homes. Scam sellers deliberately fail to pay mortgages, so the homes go into foreclosure, and the buyers lose their homes and all the money they paid into them by that point. There are plenty of less extreme but still troubling

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Florida Real Estate Deed Forms

Details: Florida Real Estate Deed Forms. Real estate in Florida, whether it is an estate, an interest of freehold, or a lease for a term of more than one year in any land, tenements, or hereditaments is created, made, granted, transferred, or released by a deed in writing, signed before two subscribing witnesses by the party granting the estate.

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Louisiana Real Estate Deed Forms

Details: A real estate deed in Louisiana is often referred to as an Act of Sale. Individuals of a legal age can enter into a conveyance of real property in Louisiana. Property in Louisiana is either community or separate and can thus also be conveyed in those manners (CC 2337). This state does not have any restrictions on alien ownership of real property.

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The “House Hacking” Trend: When a House Is a Rental

Details: 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 live for free.”. Of course, this is not a new idea in real estate investing, but millennial buyers may have rebranded it as a …

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Abstract and Torrens Property (Real Estate) in Minnesota

Details: A person who owns Torrens Property is assured that no one else has any claim to the property. Each time an owner voluntarily transfers property, a new Certificate of Title is created. Only information that is currently relevant to title is shown. A potential buyer can examine the Certificate of Title to determine the owner of real estate.

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Arkansas Real Estate Deed Forms

Details: Arkansas Real Estate Deed Forms. When considering the sale or purchase of land, it's a good idea to review the state's real estate laws. Arkansas codifies a majority of the rules for deeds in Ark. Code 18-12 (2012). Arkansas does not restrict ownership of real estate to US citizens ( …

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Adams County Recorder Information Wisconsin

Details: Adams County. 402 Main St / PO Box 219, Friendship, Wisconsin 53934. Monday - Friday 8:00am - 4:30pm. Phone: 608-339-4206

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Marriage and Real Estate: A Brief Tour

Details: In some states, spouses can designate at least some assets as community property through special trusts. In South Dakota, property placed in a special spousal trust is deemed community property. Alaska has a similar provision. A Tennessee community property trust is also available for real estate, and offers special tax advantages.

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Real Estate Deed Frequently Asked Questions

Details: A real estate deed can be in the form of a general warranty deed, a special warranty deed, a quitclaim deed, or a bargain and sale deed. There are also many special purpose deeds. The categories can be further broken down to include rights …

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Iowa Real Estate Deed Forms

Details: Iowa Real Estate Deed Forms. Real estate or interest in real estate in Iowa is conveyed by a deed in writing that is acknowledged and recorded. A conveyance of real estate in this state will pass all the grantor's interest therein, unless a different intent can be inferred from the instrument (557.3).

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Rising Stars in Construction Tech: 3D Printed Houses

Details: Anne Marie Lee for CBS News: 3D Printed Houses Are Leading a Revolution in Real Estate (Mar. 2021). Cole Higgins for CNN: A 3D Printed House Is for Sale in New York; Builders Say It Will Cut Out Housing Construction Costs (Feb. 2021). Kim Lyons for The Verge: These New 3D Printed Homes in Austin Are Going for $450K (Mar. 2021).

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Texas Contract for Deed Forms

Details: Use for Seller financing of a home, condominium, rental property (up to 4 units), planned unit development, and land. Financing can be conventional installment payments or installments followed by a balloon payment. This is often used with owner financing. 3 years of payments followed by a balloon payment. This gives the buyer time to build

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Guide to Selling an Inherited Home

Details: If you’re the lone homeowner, you might keep your inherited home to live in, and rent your own home. Or vice versa. The point is, an inherited home can offer sustenance to you or others without being sold. Many inherited homes become rentals — including vacation rentals, local government rules permitting.

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Dunn County Recorder Information Wisconsin

Details: Dunn County Register of Deeds. 800 Wilson Ave, Rm 135, Menomonie, Wisconsin 54751. Monday - Friday 8:00 am - 4:30 pm. Phone: (715) 232-1228

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Solving Title Problems for a Home with a Previous

Details: Homes acquired through a real estate agent by bidding on HUD foreclosures, though, have cleared titles. In the most common kind of case, if you are looking at a foreclosed home on the market, you’ll be buying from a bank after a mortgage foreclosure. These homes are called real estate owned (REO) properties. Buying an REO is less risky than

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The Seller-Financed Home Sale: Weighing the Risks and

Details: Also known as an installment sale agreement, or land contract. The buyer gets equitable title and moves in. But the seller stays on the deed and retains legal title with full property rights until the loan is repaid. In a default scenario, the seller can take the house back.

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Escheat Homes and the Bizarre Business of Heir-Tracing

Details: A real estate agent should be able to tell you about vacant properties — whether the homeowners passed away or simply walked away, leaving the houses owned by banks. ☛ If you are seeking, or have found, a foreclosed home to for sale, see our guide to buying a foreclosed home. Empty houses come with challenges.

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Should You Get a Reverse Mortgage

Details: This option has a lot going for it if your house is just too burdensome to maintain (or if the tax bills are). Some seniors sell to—and then rent their homes back from—a family member or close friend, using the cash received in the sale. The new owner can then qualify for tax deductions on depreciation and upkeep of the rental property.

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Can Filing for Bankruptcy Save a Home From

Details: Before this happens, the homeowner may consider a short sale, or selling the home through a deed in lieu of foreclosure. ☛ See more information from Deeds.com about alternatives to foreclosures, such as proceeding with a short sale, or selling the home through a deed in lieu of foreclosure.

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Virginia Real Estate Deed Forms

Details: Virginia Real Estate Deed Forms. The use of a real estate deed in a conveyance of land or interest in land is authorized by the Code of Virginia, under the Property and Conveyances Title. An estate of inheritance or freehold or for a term of more than five years can be conveyed by …

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What’s the Latest on Covid Mortgage Relief

Details: This means vacating the house. But the borrower may avoid lasting credit damage if a deed in lieu agreement says the borrower has fully satisfied the debt. A short sale. A short sale lets the borrower sell the house for less than the mortgage balance. Then the lender receives the sale funds, and releases the mortgage lien.

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How Does a Judgment Lien Work

Details: In any case, debtors get a six-month window post-sale to redeem the house for the amount the buyer paid plus interest. Once recorded, a certificate of redemption invalidates the sale. Finally, many creditors just don’t want the bad PR that comes from taking people’s homes.

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Medicare and Medicaid: Can They Take Your Home

Details: Medicaid liens on homes have become common since the federal Omnibus Budget Reconciliation Act (OBRA) of 1993, which forces estate recovery if the homeowner: Relied on Medicaid at age 55+. Left the home, at any age, for a permanent care setting. Has no dependents with valid claims to the house.

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Pandemics, Property Transfer Breakdowns The Digital

Details: And, on the other side of the coin, a digital real estate market promises to demystify the real estate market and make property assets easier to transfer for ordinary people, not just industry experts. Much will depend on how diligently recording offices and policy-makers work to create accessibility in real estate technology.

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Spokane County Deed of Trust and Promissory Note Form

Details: Real Estate Excise Tax. Submit this form and real estate excise tax payment, if owed, within 1 month of sale to avoid penalty and interest payments. The form is used to calculate tax amounts; it contains multiple copies and instructions on the last page. When claiming an exemption, the supplemental form must be submitted as well.

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Types, Titles & Taxes: What to Know Before You Buy a

Details: Some mobile homes are categorized and appraised as real estate. If the mobile home is “located” — owned together with the land it occupies — it is real estate. The home’s hitch, wheels and axles are removed, and the home is on a permanent foundation and connected to traditional or renewable power sources.

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Buying Property with a Quitclaim Deed in Massachusetts

Details: As in other states, the traditional the traditional real estate quitclaim is the go-to document for conveying homes between Massachusetts family members or owners and their businesses, for clearing title of ambiguities, and for relinquishing interests after divorce. This document transfers property without any warranty, as the conveyance

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Houston County Recorder Information Texas

Details: Houston County Clerk - Courthouse. 401 E Houston Ave, 1st floor / PO Box 370, Crockett, Texas 75835 . 8:30 to 4:30 M-F. Phone: (936) 544-3255 Ext 240

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Buying Real Estate: Are the Generations Really Different

Details: Coastal real estate is sinking and cities must respond. Washington D.C., for example, is developing a resiliency plan , aiming to make D.C. “climate resilient” by 2050. Throughout the next 30 years in D.C. and elsewhere, we’re expecting a big push for sustainability-related redevelopment—and a lot of flood damage.

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Disclaiming Inherited Property (Real Estate)

Details: Next Avenue’s article “What to Do When You Inherit Your Parent’s House,” presented three choices: sell the property, rent it, or live in it.However, there is another, perhaps simpler option: disclaim or renounce the house by filing a written disclaimer. As long as the beneficiary has not acted in any way that indicates acceptance of the property, such as …

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Foreign Nationals Buying U.S. Real Estate: How It Works

Details: Real estate agents are the licensed brokers who guide buyers though the experience of house hunting, assessing the suitable homes, and locating suitable mortgage and title specialists. Look for an agent who has international sales …

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Is It Time to Place Your Home in a Living Trust

Details: There’s the transfer-on-death deed (also called the TOD deed or beneficiary deed) for real estate. As of 2021, most states permit owners to use the TOD deed to easily convey their homes to designated beneficiaries on death, much as they would pass their assets along from a bank account or IRA.

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