Can you use a transfer on death (TOD) deed to transfer title to a mobile or manufactured home? Using a TOD deed to transfer title depends on whether you own the land on which the mobile home sits and on your state's laws. Transfer on death deeds are an easy and inexpensive way to transfer title of a property.
Cool Blender Alert: The Proctor Silex Plus 8 Speed Blender! It's fast, small and green. The Proctor Silex blender by Hamilton Beach is smaller for better storage and reduced packaging. By reducing product packaging, the Proctor Silex blender saves 600 trees and 6,000 gallons of oil a year. Watch this Expert Real Estate Tips segment to learn more about smart, green, fast blenders and kitchen appliances.
Grills & green design? Kingsford's green design collection (Verde Series) includes an EPA certified, 100% natural, citrus based grill cleaner. Kingsford also features bamboo handles in the green grill collection. Learn more about green products for the grill by Kingsford in this Expert Real Estate Tips segment.
When I went to this year's International Housewares Show, the one thing that hit me was the color. It wasn't just the amazing colored light displays,...
When someone dies, who inherits the contents of the estate? Does it go to the person's spouse or children, or both? It depends on the state where the deceased lives and whether that person had a will. To ensure that your estate planning wishes get executed make sure to have a valid will.
Because a second mortgage is a lien, missing second mortgage payments could lead to foreclosure. When the home sells, the owner will not get any proceeds until the lenders for both loans have been paid off. If you cannot afford your second mortgage, you can try to work with your lender or a credit counseling agency to maintain your credit and keep your home.
How does the recording of a quit claim deed affect an inheritance? An Ohio family may own a West Virginia property received by an unrecorded quit claim deed. If the quit claim deed is valid, title of the inherited property may have transferred when the deed was delivered. If the quit claim deed is invalid, the probate court for the former owner of the property would decide who the new rightful owner of the property is.
What steps can we take with the economy to improve the real estate market? Keeping people employed, changing refinancing rules and encouraging people to stay in their homes and avoid foreclosure are some possibilities to improve the real estate market. If you have suggestions for how to improve the real estate market, send Ilyce an email.
Does it make sense to have the title to a primary residence held by a limited liability company (LLC)? If your LLC owns a primary residence you may lose various tax deductions. It may also be more difficult to obtain favorable mortgage financing because a property owned by an LLC may be considered an investment property.
