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1 Dealing With Clouded Title Issues

There are multiple reasons for real estate title to be considered "Clouded." Other, and more technical terminology for clouded title is that the title is encumbered.  What this means is that there is a lien, liability or charge on the land.  A lien is a claim to property or some amount of money by a creditor because of a debt belonging to the owner of the property.  Most often we hear about clouded title issues when there is a mortgage on the property.

Clouded title issues may involve ...

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2 Taking Title to Property With Multiple Owners

There are several common ways to take title to real estate when two or more parties are involved.  The most common, with regards to unrelated parties who are not married or domestic partners is as Tenants in Common.  The two other common ways to take title are as joint tenants with rights of survivorship or, for married couples depending on the state, they might take property by community property or tenancy by the entirety. 

Taking title in this manner is only available in some states...

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3 How to Buy a Home: An Overview

Buying a house is typically cited as one of life's most stressful events and with good reason. Whether it is your first home or the place to which you are going to retire, there is a lot to think about. First, a potential buyer must think about the condition of the house by carefully reviewing the seller's disclosures and the home inspection report. Next, a potential buyer must consider the financial obligations of owning a home including applying for and being able to pay a mortgage, property taxes and p...

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4 How to take Title - with more than one person

There are several common ways to take title to real estate when two or more parties are involved. The most common, with regards to unrelated parties who are not married or domestic partners is as Tenants in Common. The two other common ways to take title are as joint tenants with rights of survivorship or, for married couples depending on the state, they might take property by community property or tenancy by the entirety.

 

A particular type of deed is not necessary to take title in a...

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5 Home inspection Issues and Checklist

A home inspection typically takes place before escrow closes on the purchase of a new home or building. The need for home inspections has been emphasized heavily over recent years. A home inspection is important because the purchaser of a home is not generally aware of the quality and techniques of construction. Home inspections can vary a great degree from state to state and even from city to city. Furthermore, they can vary depending on the association, if any, the inspector belongs to.

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