House Buying Tips

chain of title

The Chain of Title and How it Impacts Real Estate Ownership

The chain of title is a record of all property owners from the original to the current one, and the transactions that have taken place.  It is where you can look to see who has owned the property and how it was transferred.  This is the first place to look if there are any claims …

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witholding in real estate when buying and selling a house

How to Know if You’re Responsible for Withholding & By How Much

When you are buying a home from a seller who is considered a non-resident (someone that lives in another state but is selling a property where you are buying), you may need to withhold part of the proceeds. And the requirements change state by state, so it is important to check with your state’s Department …

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tenancy in common

What is Tenancy in Common?

Tenancy in common (TIC) is a form of property ownership where two or more parties hold a title to a property and share ownership rights.  The difference between tenancy in common and a join tenancy is the way ownership gets passed along when one owner dies. With joint tenancy agreements, property ownership passes to the …

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How to Know if a VA Renovation Loan is the Right Choice

How to Know if a VA Renovation Loan is the Right Choice

Choosing between VA renovation and traditional home renovation loans, or a VA loan in general doesn’t have to be tricky. It all depends on your situation and needs.  For example, VA renovation loans allow you to purchase property and rehab it where some traditional home renovation loans don’t allow you to buy the land.  And …

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