By Susan M. Keenan The legal documents used to transfer titles to real estate are referred to as property deeds. The names of the legal owners to real estate are placed directly onto the property deeds. Each time a piece of real estate is sold, a new property deed must be issued. The two most…
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Are Judicial Foreclosures on the Rise Amid the COVID 19 Pandemic?
By Norma Lewis, LLM I a judicial foreclosure, the property owner gives a mortgage and note to a lender in exchange for a loan. The real property is collateral for the loan. Suppose the borrower fails to repay the loan or otherwise defaults on the loan by failing to follow the loan terms. In that…
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Trying To Find a Renter? How To Show Your Apartment and Make a Great Impression
By Jennifer Billock, Realtor If you’re a landlord who owns an investment property (bravo, by the way!) and are looking for a new tenant, you need to get your rental space up to snuff—and you need to know your facts. Luckily for you, we’re here to help! Here’s the lowdown. How much notice is required?…
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Most Americans Now Believe It’s a Good Time To Buy a Home, Despite Soaring House Prices—Here’s Why
By Jacob Passy, MarketWatch Despite skyrocketing home prices, a majority of Americans believe now is a good time to buy a home, according to a new survey from Gallup. Some 53% of Americans believe it is a good time to buy, Gallup reported Tuesday, citing the results of a survey of nearly 1,000 U.S. adults…
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Complaints About Mortgage Servicers Are Soaring as Millions of Americans Still Can’t Make Their Monthly Payments
By Jacob Passy, MarketWatch Although the economy has shown significant signs of improvement in 2021 thus far, many homeowners continue to face financial challenges. A new report from the Consumer Financial Protection Bureau finds significant disparities among which Americans have encountered those hurdles. As of March, around 4.7% of all active mortgage loans remained in forbearance,…
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