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Understanding Residual Land Value: A Guide for Investors

The U.S. has hundreds of thousands of acres of available land. Even with the downtrend in real estate that heralded the 21st century's economic meltdown, land is still considered one of t
HUD Grants for American Legion Posts: Funding Opportunities

American Legions across the country can apply for funding from HUD. The American Legion is a veteran service organization committed to promoting patriotism and serving active-duty military, v
Access Easement vs. Road Easement: Understanding the Difference

An easement is the right for one person to use another's property for a specific purpose. Two types of easements that are commonly confused are access easements and road easements. Knowing the dif
Understanding the Escrow Close Date: A Real Estate Guide

A real estate agent shakes hands with a couple next to a for sale sign outside a new house The escrow close date is the date when the ownership transfer deed, such as a grant deed or warranty
Understanding Foreclosure: What Happens When You Abandon Your Home?

You might be tempted to pack your suitcases, call the moving van and just walk away from your home if you know there's no possible way you can keep up with the mortgage payments. This won't te
Understanding HOA Statements: A Comprehensive Guide

What Is an HOA Statement? If you purchase a home in a planned development, you'll probably be obligated to join a homeowner's association. In return for general maintenance and shared
Oklahoma Property Line Laws: Understanding Your Rights & Responsibilities

Property owners fences often create property line disputes. Title 60 of the Oklahoma State Statutes establishes several laws that govern land holdings in the state, and some of the most refer
Navigating Property Disputes: Can Inherited Real Estate Be Sold with Majority Vote?

Ask a family member or trusted friend to mediate your decision-making.d When a deceased person leaves a share of real estate to multiple beneficiaries, he could be bequeathing a heap of troub
Texas Writ of Possession: Eviction Process & Legal Requirements

A writ of possession is used to remove evicted tenants from your property. If you own rental property, there may come a time you will need to evict a tenant. In Texas, eviction is a four-step
Value vs. Worth: Understanding the Key Differences

Value and worth can both be used to describe money. Value and worth are two oft-confused terms. While sometimes used interchangeably in conversation, the terms actually mean two different thi
Inheritance Distribution: How Property is Divided Among Siblings

When someone dies, inherited property is not merely handed out in an arbitrary fashion. The distribution of an inheritance must always follow authorized written instructions. If the decedent drafted a
California Escrow Fees: What to Expect & How They Work

Young couple signing paperwork with at escrow company When a property buyer and seller agree on a transaction an escrow company may become involved. Escrow companies serve as neutral third pa
Texas Tenant Laws & Roommate Rights: A Comprehensive Guide

Texas landlord-tenant laws determine the obligations of unauthorized occupants and tenants with subleases. Texas law governs many aspects of a landlord-tenant relationship. When a new roommat
Texas Warranty Deed with Vendor's Lien: A Comprehensive Guide

In Texas, a warranty deed includes specific assurances made by the seller to the buyer. One of these assurances is a guarantee that title to the property is free of encumbrances, meaning the title wil
Understanding Deeds of Distribution: Estate Planning & Property Transfer

A deed of distribution helps determine to whom a home should be awarded after the homeowners death. When a person dies without leaving a will or a beneficiary -- or even when a will is left -
Mortgage Foreclosure: Understanding Bank Rights & Options

No bank can refuse a payment on a mortgage for which all payments are current, but delinquent payments can lead to foreclosure. When foreclosure is a possibility, a single monthly payment won't st
Changing a Property Deed in Maryland: A Comprehensive Guide

A house deed gives information about the legal ownership of property. It also provides a description of the property. In Maryland, you can change the deed on your house to add an additional owner, suc
Appraisal Requirements for Real Estate in a Trust After Death

Wide shot of a modern house with a large front yard Husbands and wives who own property and other assets often establish a living trust. A trust avoids probate, protects assets and insures th
Deed of Sale vs. Deed of Assignment: Key Differences Explained

A deed of absolute sale and a deed of assignment both transfer property ownership from one party to another. People use a deed of absolute sale most often in a typical real property sale in which a bu
Understanding Deferred Balances in Mortgages: A Comprehensive Guide

What Is a Deferred Balance in a Mortgage? A mortgage allows someone to finance his home purchase with funds borrowed from a bank or other lender. After the paperwork is signed, monthly paymen

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home finance

home finance