When you lose your spouse and your spouse did not have a will it may make transferring assets such as a home confusing. Estates without a will have to go through probate, which can take some time. Learn how to clear up the ownership of a home and provide your children with clear legal ownership if something should happen to you.
Quicken Rental Property Manager has an easy-to-use interface for landlords to use that is reminiscent of Quicken, the money management software created by Intuit. The software allows the landlord to enter information about each tenant and his or her lease, how much the rent is, and if you have charged late fees or interest, to help them manage rental property. When landlord receives rent checks from tenants of the rental property, the software tracks who paid what and when.
Bringing the "future to the present" is a phrase my friend Michael Alter, president of SurePayroll, likes to use when working on closing a sale in business. Bringing the future to the present allows home buyers to eliminate potential obstacles to a deal and get it done. It allows pre-buyers, those who are still in the dreaming stage, to organize their thinking and figure out what kinds of steps they need to take to achieve their goal of homeownership.
Ex-Apprentice, Troy McClain, gets back to the business of helping people finance their homes. McClain spent the 12 years leading up to his shot on the show approving mortgage loans and refinances in Boise, Idaho. After the show, he went back home and tried to figure out how to translate the lessons he learned on the show into building his business.
Paying off your home early will have you sitting pretty to save for retirement. If you are in the position to live house-payment free (except for your property tax bill each year), that will give you a lot of extra cash to put away for your retirement. Continuing to invest in real estate can also give you big returns and add to your retirement pot.
It's Valentine's Day week and the world is abuzz with love. Or rather, retail merchants in the U.S. are hoping that everyone feels enough love to go ...
Many real estate firms have brought mortgage lending inside the four walls of their office. But finding a good fit between a real estate broker and mortgage lender isn't always easy. Here's how in-house mortgage lenders work and how to be a smart buyer when negotiating with mortgage lenders.
After a divorce is completed, can a spouse be evicted from his home? It depends on where the spouse lives and who owns the property. If the home used to be the primary residence of the married couple and the spouse who lives in the home did not win the home in the divorce settlement he can be evicted. If it's a regular rental property, eviction depends on the terms of the lease. And if there's no lease, it's likely the spouse is living there on a month-to-month basis, which means the landlord must give only 30 days notice for eviction.
This person wants to use their Power of Attorney to execute a quit claim deed and gain ownership of their mother's home to avoid the home being used to pay for nursing care. The government can trace transactions such as a quit claim and this one could be seen as fraud. A real estate attorney can help figure out if there is a way to structure the transaction to help the mother pay for her nursing care.
A soon-to-be-wed couple both own their own homes. They would like to sell his home to his adult child and put both their names on her home. They may run into many issues with taxes, equity, and inheritance. When they merge two families and each of them have children, they may need to determine how they want their assets to be split up in case something should happen to either of them.
