When a loved one passes away without establishing a trust, transferring ownership of their property becomes a matter of following legal procedures—typically through probate or a simplified affidavit process. In this article, we’ll explain the key steps, documents, and considerations involved in transferring the title of an inherited property when no trust is in place. […]
The majority of property holders make a written, formal plan for what will happen to their property when they die. This virtuous piece of writing is referred to as a will and is one of the most important components of planning for the future. It serves to reduce uncertainty and allow their money to go […]
It is never easy to put up with the loss of a loved one, and things can become even more difficult if you inherit a mortgaged property. For most folks, a home is the most valuable asset they have to pass on to their loved ones after their demise. However, the real question is – […]
Are you a business owner or real estate investor seeking easy, flexible financing? You may opt for a hard money loan. Hard money loans are popular in real estate investing, especially for property flippers or individuals handling short-term projects. Consider them an alternative to traditional loans that do not focus on your creditworthiness or financial […]
Did you inherit a house? The feeling can be amazing, but the financial decisions and responsibilities that come with it can quickly feel overwhelming, especially because the property was passed down to you by a loved one. Why not consider refinancing it? It could lower your monthly mortgage payments, or you could make necessary repairs […]
Selling a house can be a daunting task, especially if you still have an outstanding mortgage. Many homeowners find themselves in this situation, wondering if they can sell their property without fully paying off their mortgage. The good news is that you can indeed sell a house with a mortgage. This blog will explore the […]
Yes, property taxes may be included in your monthly mortgage payments if required by your lender in your mortgage agreement. It can be an opportunity to pay property taxes in small amounts every month instead of a large sum annually or semi-annually. As part of this arrangement, you pay one-twelfth of the annual property tax […]
Are you looking for a way to build wealth and diversify your portfolio? Start investing in commercial real estate now! Real estate investment trusts and crowdfunding have streamlined the investment procedure, but many investors want direct ownership of their investment properties, and buying stocks may be simpler than investing. To invest in commercial real estate, […]
An FHA commercial loan is a mortgage loan insured by the Federal Housing Administration (FHA) and used to finance a commercial property. Only an FHA-approved lender or bank can grant it to first-time homebuyers. Residential Multifamily Loans You can use residential multifamily loans to fund the acquisition or refinance of residential properties with two or […]
Purchasing a home is a major milestone, and first-time homebuyer programs are designed to make the process a little easier for those stepping into homeownership for the first time. But what if you’ve owned a home in the past or are currently a homeowner? Is it possible to qualify as a first-time homebuyer again? The […]