House selling tips

The Differences in Real Estate Closings

When it comes to real estate settlements in the United States, there is no one-size-fits-all approach. The processes involved in closing a real estate transaction can vary significantly from state to state and even from county to county. Understanding these differences is crucial for both home buyers and sellers to ensure a smooth and successful …

The Differences in Real Estate Closings Read More »

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 …

The Chain of Title and How it Impacts Real Estate Ownership Read More »

habendum clauses

What Habendum Clauses Do And What to Look For

A habendum clause is a section in a real estate deed that specifies the details of a property transfer.  Included in this portion are the properties transferred, the transfer recipient, and the transfer period’s length. There’s a good chance you’ll also find the designated heir or heirs who will inherit this asset.   This section of …

What Habendum Clauses Do And What to Look For Read More »

What an Easement Appurtenant means and how to create or get rid of one

An Easy-to-Understand Guide to Easement Appurtenant

If you have no other way to access your land by vehicle except your neighbor’s driveway, then you have discovered an easement appurtenant.  An easement appurtenant is the right to use a portion of another person’s adjoining property for a specific purpose, like a drainage easement that allows you to divert water onto or through …

An Easy-to-Understand Guide to Easement Appurtenant Read More »

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 …

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

What is a Special Warranty Deed

What is a Special Warranty Deed and What It Is Used For

A special warranty deed is a type of general warranty deed used to transfer ownership from one owner (a person, group of people or entity) to a new owner when the seller cannot guarantee 100% ownership of the property they are selling.  The biggest difference between a special warranty deed and a general warranty deed …

What is a Special Warranty Deed and What It Is Used For Read More »