Other Real Estate

What Is A Quitclaim Deed? In today’s article I am going to discuss what is a quitclaim deed. Despite how many people refer to this document as quick claim deed, it is actually called a...

A letter of intent is a semi-formal document used in negotiating business and real estate transactions. Often called an LOI, a letter of intent is simply a document summarizing the terms and...

Welcome back. I posted the first part of this article, "Take Steps to Avoid Foreclosure (Part 1)". I discussed my observations while driving through a neighborhood in Chicago. The things...

One of the fastest-growing U.S. states, Arizona attracts new residents with its warm, sunny climate, striking desert landscape and economic possibilities. Although it's not the cheapest place to...

Consumers seeking a loan to improve their homes should be aware that deceptive practices are sometimes used by unscrupulous lenders. According to the Federal Trade Commission (FTC), not all loans...

Both state and federal laws govern how real estate appraisals are conducted. Laws vary by state, but generally follow similar guidelines and procedures. All appraisers must be legally licensed by...

Land auctions are a popular way to get a piece of land. Auctioned land is usually sold for the fees and/or taxes owed. Farm auctions are the most common example of a land sale. However, other...

If you want to lease land you can start by detailing all the features you look for in a lot.

Take Steps to Avoid Foreclosure (Part 1)

As we all know, short sales are challenging. Just the initial contact can be difficult to make. There are a few key points to making the short sale more appealing to the negotiator on the inside....

Property owners provide easements to extend non-possessory land rights. If you receive an easement, you have a limited right to use the land. For instance, if you own land that has no access to...

In 2007, President George W. Bush signed HR 3648, the Mortgage Forgiveness Debt Relief Act. During the beginning of the most recent economic downturn, many Americans had no choice but to allow...

For many seniors, finding the money to fix up a home can be a substantial burden. Many are retired and on fixed income. While the income may have slowed, the expenses often do not. In some cases,...

Before you can sell a quitclaim deed, it is essential you understand its limitations. A quitclaim deed is a document between a grantor and a grantee, wherein the grantor transfers his interest to...

The term "real property" applies to land and any improvements, or real estate. It also can be defined as the interests, benefits and rights included in the ownership of real estate. According to...

In today's residential real estate market, many owners are moving their properties using seller financing, which often involves the seller taking back a note secured by a mortgage. Buying these...

Tax foreclosure occurs when a homeowner fails to maintain property taxes on their residence. In most counties, homeowners pay property taxes semiannually. While many foreclosures occur because...

Finding property which is held in living trusts is not difficult. All transactions or transfers of real estate must be filed at the local county courthouse in the jurisdiction where the property...

Getting your offer accepted has it's tricks to it. Most sellers, asset management companies you'll be dealing with are going to push you and your fellow buyer competition is going to push you even...

For a true professional agent, writing the offer with a new client is the moment when you solidify that client's trust. There is no better opportunity for you to make it clear to your client, one...

There are a number of grant programs that homeowners can take advantage of, all relating to home improvements. Some of these grants will lead to greater energy efficiency while others will seek to...

Many people look to foreclosed property as a means for investing profitably in real estate. Others want to get into their first home at a price they can afford. If you want to buy foreclosed real...

In California, one of the states hit hardest by the housing market crash, foreclosure rules generally favor the homeowner.

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Real estate agents and property tax assessors examine the square footage of a home to determine its value. Most often, real estate agents only have interest in the interior livable space, but the...

If you have just sold your home and need to get rid of extra furniture and appliances, having an estate sale can help. In this article, you will learn how to run an estate sale successfully.

If you're planning to transfer property, then a grant deed is required in some states to accomplish that task. A grant deed is a legally binding document whereby the grantor (current property...

The rights of a tenant who signs a lease are different from those of a rental agreement. The lease generally outlines the specifics, such as the amount of rent, the time frame of the agreement and...

Public housing was established to ensure low-income families were given the opportunity to live in safe homes and neighborhoods, regardless of their income status.There are different types of...

Steering is the act of pushing a real estate client toward or away from a specific piece of real estate property or neighborhood. The Federal Fair Housing Laws prohibit steering in the real estate...

The homestead exemption is a way for families to secure funds for a new home or for a fresh start, should financial hardship threaten their current domicile. A family can possess only one...

A quitclaim deed conveys any rights to title that the grantor of the deed might have in the property to another party. It is not a deed that ultimately proves the legal ownership of property. In...

As the 2009 economy slides into a deep recession, many Californians are experiencing foreclosures. There are various precautions you can take to avoid foreclosure, as well as savvy actions to...

The Department of Housing and Urban Development (HUD) offers low rent or subsidized housing throughout the United States. Programs include the housing voucher or section 8, which allows you to...

Buying and utilizing a timeshare can be a unique and fun way to ensure that a family or group of individuals has an exciting vacation experience. Timeshares often designate ownership (or...

Americans spent $180 million on home improvements in the fourth quarter of 2007, according to the most recent figures available from the U.S. Census. Before diving in and spending a lot of money,...

Most homeowners are aware that there are many potential threats that can negatively affect property value. These detriments are categorized as physical, functional or external obsolescence. Most...

Many factors affect property values; some may be attributed to the property itself, while others are beyond your control. Appraisers use the term "obsolescence" or "depreciation" to describe...

Most homeowners are interested in recouping their investment when contemplating a home improvement project. While some upgrades can provide a substantial increase in a property's value, others do...

Nearly 30 percent of the land in the United States is federally owned (see References). Public lands rarely go up for sale, but when they do it's an opportunity to obtain useful property at a very...

One way to lower property taxes is to file an appeal to dispute the recorded value of your home. Research recent home sales in your area to find those that are comparable to yours. Use this...

Many grants are available for homeowners and soon-to-be homeowners. The main source of funding for these grants comes from federal organizations such as the Department of Housing and Urban...

The Federal Government is the largest funding source for housing assistance grants. These grants are available through many government agencies, including the Department of Housing and Urban...

The goal of public housing is to provide a secure environment for low-income families and individuals. Although public housing often has a stigma attached, it provides homes for people who would...

Northern Virginia is an area in the suburbs of Washington, D.C., and while often less expensive than the District of Columbia, it is still pretty pricey. Northern Virginia is dotted with Metro...

Foreclosure procedures and timelines vary state to state, determined by how the real property is purchased. States that use mortgages use the court system to execute a judicial foreclosure. States...

I have been watching a lot of news lately. It seems that more than 75% of the news has to do with crime. So I started researching ways to look up crime in your neighborhood no matter what part...

If your home or office was recently damaged in a fire, you are undoubtedly feeling a bit of worry and anguish. How will you repair the damages? Will your insurance company provide fair...

Many types of housing repair grants are available for low-income residents of the United States. Grant funds do not have to be repaid and you don't need a good credit score to qualify for a...

The U.S. Government gives out millions of dollars each year for housing grants. These grants are given by federal and state agencies to qualified applicants to help purchase a home or as a...