What Is a Title Agent?
A title agent makes sure that there are no pending legal issues that could get in the way of your title to the property of your dreams.
How To Do A For Sale By Owner?
For sale by owner or FSBO might seem attractive since you can avoid paying huge commissions on your property sale that could range from 6 to 12 percent of the transaction.
What is a 1031 Exchange?
If you’re a real estate investor, you’re probably familiar with the 1031 Exchange. This is a reference to Section 1031 of the US Internal Revenue Service’s tax code. The 1031 Exchange creates provisions for property owners to defer capital gain taxes while facilitating significant portfolio growth and increase in investment. To qualify, most exchanges have…
Do I Need Title Insurance on a Bank Foreclosure?
A title insurance carries a great deal of importance in regard to bank foreclosures.
Is It a Good Idea to Buy a Short Sale House?
It can be a good decision if you want to buy a property at a lower price but short sale comes with its disadvantages. There are certain risks involved in investing in a short sale house.
Can You Sell a House W/O Title Insurance?
The short answer is that might be possible in some cases. It is possible to do so if it is a cash sale or no money is involved. However, these cases are quite rare.
Title Insurance When Refinancing?
Title insurance is designed to protect your property investment against threats that may transpire at different stages. It can protect you during refinancing, property resale and construction. Once property ownership is transferred, the new owner should purchase title insurance to protect their ownership rights.
Why Is Short Sale Bad?
Buying a short sale can look like a great opportunity if you are looking to buy a property at a reduced price. However, a short sale often comes with a number of disadvantages. The process of buying a short sale is much more complicated as compared to buying just any property.