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An insurance carrier may not cancel your homeowner's policy without good reason. You must be issued a notice of cancellation in writing. There are several reasons why an insurance carrier might...
Soothing sea breezes and the serenity of the sound of ocean tides beckon many to take up dwelling in coastal towns and cities throughout the United States. While finding an affordable place to...
Want to measure the square footage of your home, but don't know what areas qualify as measurable residential areas? Square Footage is important because it can affect the value of your home, your...
Creditors have been known to threaten to seize the property of debtors who are unable to meet their financial obligations. Not only is this illegal, it is also untrue (See References 1). A...
Selling a lake lot can be a lot easier if you use the internet to market it. Don't just depend on a "For Sale" sign stuck in the ground. Put the internet to work selling your waterfront...
There is more than one way to have a place to call your own. Whether you are ready to move out into the country and start living a simpler lifestyle, or just want some land you can camp on and go...
Getting a loan to buy a farm is often more difficult than getting a home mortgage, due to the risks associated with owning a farm, such as vulnerability to a drop in land prices and changes in...
If your mortgage does not include an escrow service that holds extra payment money for taxes and insurance and then pays those items for you, you need to find out when your taxes are due and how...
Giving the bank back a real estate property, often referred to as "deed in lieu of foreclosure," has pros and cons. The benefits include preventing a foreclosure from occurring, which could...
Several years ago I purchased my first property in Costa Maya, Mexico. Buying here was confusing and frankly I felt uncomfortable about now knowing more about the process. I hope this article...
To transfer the deed of a mortgaged property from an individual name to a Limited Liability Company (LLC), you can generally complete a quit claim deed handing over your personal rights to the...
Tax proration is normally associated with dividing the financial responsibility between a buyer and a seller during a real estate sales transaction. As a first time home buyer, the HUD-1...
Transferring ownership of a home is easier than you might think. There may be some serious financial disadvantages to transferring your home to your children while you are still living. This is...
Home and renters insurance is necessary if you want to be compensated for any damages or disasters to your property and living quarters. This policy includes dwelling coverage, deductibles, and...
Unfortunately, there are circumstances that may happen that cause a homeowner to fall behind on the property taxes on their home. As a result, a tax lien may be filed on the house with a penalty....
A professional appraiser who is either licensed or certified by the appropriate agency completes a home appraisal. The appraiser visits the home, examines it, checks comparable homes in the area...
When a piece of property is totally paid and duly recorded in the public records, the owner of record can do anything within the law with it. The uniqueness of a deeded property lies in the fact...
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...
Have you missed a payment or afraid you may miss one? Are the payment dates getting harder to make on time? Exhaust all options you have since a foreclosure may stay on your credit report for up...
If a homeowner falls behind on paying property taxes, the government can place a lien against the property. This can be in the form of either a tax lien certificate or tax deed. A tax lien...
If you are approached by a power line company regarding a power line easement or right of way you need to negotiate. Here is how to do it.
Using a line of credit from a bank or other financial institution is a great way to buy a home quickly when that type of quick decision making is needed. By securing the line early on in the...
Financing a church building can be a challenging prospect for most congregations looking to build their first place of worship. Most churches show little profit, if any at all; making it hard to...
You will learn how to get in contact with REO asset managers. In today's market you need to be ahead of the competition. You need to be creative in getting new business and follow the trend. The...
How to make your home safe, or burglar proof your home. Sometimes, it happens, especially in these troubled times. Funds are running low, the landlord is threatening to kick you out, and you've...
Many different types of housing grants are available for individuals and organizations. Housing grants can help you make your home more accessible or energy-efficient, or can support an...
There are various types of property ownership. Since that is the case, it is very important to know what type of ownership agreement you are obtaining before you purchase property because you are...
Learn How to Make Money Cleaning Out Foreclosed Homes. With the high unemployment rates and layoffs nationwide, many are looking for new ways to make a living. One new way to make money in this...
You can claim unused property and land under the legal concept of adverse possession. Adverse possession generally represents a way to obtain ownership of someone else's land without paying for...
The assessed value of any home or other real estate in Cedar Rapids, Iowa, is a matter of public record. Anyone with the physical street address to a property can find out the assessed value. The...
Home ownership can be a rewarding experience for many, but what happens when you fall behind on mortgage payments? Your lender will notify you that you are late and charge late fees, and if you...
Understanding what you pay per square foot can help you determine which property is the best value for your money. Calculating rent per square foot is simple once you have the square footage of...
Learn how to save thousands of dollars selling your own home. If you follow these simple steps, you can add an extra 10% to your profit. Relax, with patience, time and a little elbow power, you...
In this article we are going to explain to you some of the questions that you need to ask sellers to pre-screen them and to make a decision on whether or not you have money making deal. Whenever...
Knowing what to charge for the home or apartment that you want to rent is important to getting a signed lease. Charging too much will scare off renters and price you right out of the marketplace,...
Delaware real estate laws exist in various forms, many of which are codified through Title 25 of the Delaware Code. Specific rules also arise at the county level, because Delaware imposes...
Some homeowners turn to the equity they have built up in their home as leverage for other purposes. Some of the common ways homeowners leverage their equity funds is by obtaining a home equity...
Jamaica offers diverse architectural elements. Homes in Jamaica are typically single- or two-story, with many newer homes offering the convenience and features expected in a traditional, new...
This is a how to on finding housing in Bar Harbor. The first thing to realize is this is an island, home to Acadia National Park, and housing is very limited. I will cover the different projects...
A challenging real estate market tends to point to one thing: an increase in the number of homes threatened by foreclosure. If you own a home, are behind on payments and wondering how long you can...
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...
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...