Real estate deeds are legal documents that transfer ownership of property from one party to another. There are several types of deeds. Each serves a specific legal purpose, depending on the known and unknown history of the property, the existence of a lien, or other encumbrances, such as a mortgage. Most real estate transactions use one
9 Reasons Why You Should Sell to a Real Estate Investor: Avoiding the Traditional Selling Process: Selling a property through a traditional real estate agent can be a lengthy and stressful process, involving numerous showings, negotiations, and paperwork. When selling to a real estate investor, the seller can avoid this process and simplify the sale.
A title proves legal ownership of a tangible asset like a home or car. Unlike a deed or a vehicle title, a property title is conceptual and isn’t a physical document, although the deed conveys it. A property title includes a series of benefits, known as a “bundle of rights,” often included in a properly
Avoid Foreclosure Avoid foreclosure by bringing your loan current. That doesn’t mean you have to pay off your entire mortgage, just all the late payments you owe. If you can bring it to that point, the pre-foreclosure process stops, and you return to a state of simply paying your mortgage regularly. Foreclosure is when the
A residential lien is an issue that homeowners should be aware of when wanting to sell their homes. A residential lien is a claim on a residential property for the homeowner’s unpaid bills. When a residential lien is placed on a home’s title, the owner cannot legally sell, refinance, or otherwise transfer a clear title