COMMUNITY PROPERTY
Community property is a type of joint ownership of assets between married couples. It’s the law in nine states: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin. …
8 HOME IMPROVEMENTS TO MAKE YOUR HOUSE SELL FASTER
If you’re thinking of selling your home within the next few weeks or months, preparing your home to go on the market can help you get the best price. Aside …
4 THINGS A COMMERCIAL INVESTOR SHOULD CONSIDER
MISTAKE #1: DON’T OVERPAY It’s not unusual for a commercial real estate investor that is new to commercial real estate to overpay for a commercial income property. This is usually …
BENEFITS OF USING AN LLC WITH A SELF-DIRECTED IRA
Benefits of Using an LLC with a Self-Directed IRA The process of using a Self-Directed IRA to buy non-traditional or alternative investment assets can be confusing and seem restrictive. One …
REVOCABLE TRUST VS. BENEFICIARY DEED?
REVOCABLE TRUST VS. BENEFICIARY DEED? When a person dies owning real property in his or her name, probate may be required in order to transfer that property to the heirs …
SIMULTANEOUS CLOSING
What Is Simultaneous Closing? Simultaneous closing (SIMO) is a real estate financing strategy in which two simultaneous transactions occur during the closing on a single piece of property. In this …
STIGMATIZED PROPERTY
Stigmatized property In real estate, stigmatized property is property that buyers or tenants may shun for reasons that are unrelated to its physical condition or features. These can include the …
WIRE FRAUD IN REAL ESTATE CLOSINGS
Imagine arriving at the settlement agent’s office for your closing. Everything went without a hitch: The buyer provided all documentation plus the Realtor®, closing attorney/title company, and lender have performed …
POOL OR NO POOL?
As we head into the heart of summer, thoughts naturally turn to fun in the sun while staying cool. For some, that might even mean contemplating the addition of a …
WHAT IS EMINENT DOMAIN?
What is Eminent Domain? Eminent domain is the power the United States government, states, and municipalities to take private property for public use, following the payment of just compensation. Breaking …