Internal Revenue Service Form 1099 is used to record income sources not recorded by wages through W-2 forms. There are various places you might receive a 1099 from including but not limited to…
When you list your house for sale with a real estate agent, the agent will require you to sign a listing agreement. The listing agreement is a legal document that ensures the agent gets his commission…
A real estate closing has a vocabulary all its own. "Fee simple," "tenants in common" and "security deed" are just a few terms you may encounter when you buy a house. The documents involved in a…
Having clear title to a piece of property is the only way that you can rightfully transfer it to someone else. If a property deed is lost or misplaced, it can be difficult to prove that you have clear…
When a member of the military wants to buy a home, he is eligible for more favorable loan terms than most other people through a United States Department of Veterans' Affairs loan. Finding a VA…
Two people with solid employment and good credit have a better chance at qualifying for a mortgage than one person alone. Life happens, though, and sometimes you find yourself needing to remove a name…
An assumable mortgage has the potential to serve as a valuable marketing tool when you sell your home because it can save the buyer a substantial amount of money. "Assumable" means transferable -- the…
Trulia.com is a website used by real estate professionals and property management companies to submit homes for sale and rent. If you have listed a home for sale on the Trulia website, and it's been…
Trulia is a real estate search system that allows users to post and browse listings for free. Trulia is partnered with 93 of the largest 100 brokers in the United States. The site has over 5 million…
Saving and investing is an important part of preparing for life after retirement. Workers that do not save enough money during their working lives may have difficulty sustaining a high standard of…
When trying to sell a home, one of the most important things that you can do is advertise your house on a multiple listing service (MLS). The MLS is a database of homes that is kept online for buyers…
Mortgage companies lend money to credit worthy borrowers to purchase homes. In addition to the interest charged on the loan amount, the lender charges certain fees up front when the loan originates.…
Buying a home is expensive -- the biggest purchase many people will ever make. In addition to the purchase price, you'll have to pay closing costs. This money goes to the lender, title company and…
Mineral rights, which include natural gas, belong to the landowner unless otherwise specified in the property deed. Therefore, it is important to ensure you are the actual owner before attempting to…
Berks County is one of Pennsylvania's southeastern counties situated between Philadelphia County and Lancaster County. It is a diverse area in Pennsylvania consisting of rural farm areas and urban…
Parcels of property can change ownership many times over a period of years. Records of these transactions are compiled onto a Certificate of Title. The title is held by the property's owner.
Real Estate listing agreements are legally binding contracts; they define the obligatory relationship between the seller and the real estate professional. Don't sign one until you fully understand the…
There is a procedure in place that permits you the ability to obtain information about a mortgage on a property. The starting point is making contact with the register of deeds' office. You cannot go…
When you refinance your house, with either a traditional mortgage loan or one insured by the U.S. Department of Veterans Affairs or Federal Housing Administration, you'll have to sign a HUD-1…
An MLS, or multiple listing service, organizes and publishes real estate listings from its paying members and brokerage companies. MLS members work cooperatively to match buyers and sellers and…
Over time, your investment strategies will change along with your life's path. You may get married, prepare to buy a home or approach retirement. Perhaps you have learned more about investing and are…
Investopedia describes an REO, or real estate-owned, real estate listing as property owned by a lender after an unsuccessful foreclosure auction. The bank sells these REOs through a Realtor who…
An MLS number is a unique set of digits assigned to a particular real estate property in a given geographic area. The MLS ID number allows another means of searching for a property when an exact…
Repossessed houses can equal a great deal for a buyer; the trick is finding one. Real estate agents may be slow to advertise a home as repossessed. Often, lenders are worried that a repossessed home…
Under the Real Estate Settlement Procedures Act, also known as RESPA, almost all real estate closings require that a settlement statement, or HUD-1, be completed. The settlement statement should…
Real estate professionals established the Multiple Listing Services (MLS) to help market property listings. The service began in the late 1800s when real estate brokers gathered together and agreed to…
The Real Estate MLS, or Multi-List, is a roster of all residential properties in a geographic area that local real estate professionals are allowed to show prospective buyers. The quickest way to get…
If you are writing your own real estate copy, you want to include all aspects of your home that will attract buyers. You will want to paint an accurate picture of the house along with highlighting its…