Real estate market conditions used to be favorable to home owners. Home values were high and interest rates low, making real estate market conditions favorable to home owners. Now, home owners may feel glum about the real estate market conditions but they should improve after the presidential election. Real estate market conditions include interest rates and home values.
When you get separated one of the spouses may sign a quit claim deed giving up rights to real estate. Because of the quit claim deed, it's less likely that the property will be considered a marital asset by the courts. The signing of the quit claim deed gives the spouse who now owns the property a good case for saying that it belongs only to him or her.
How does a quitclaim deed work? A quitclaim deed does not change the mortgage terms, no matter how it was signed or works. A quit claim deed transfers any interest a person has in a piece of real estate to another person.
If you're worried about being a victim of mortgage fraud it helps to be familiar with closing documents. If you know what to look for on these documents you can avert mortgage fraud. Knowing what you're signing can save you money and protect you and your family from mortgage fraud.
If you're unhappy with your current home consider the housing market outlook. It may be a while before the housing market outlook becomes positive so learn to love your current home.
