What is a mortgage and how does it affect my owning real property?

October 28, 2008

A mortgage is an interest in land…
which provides security for the performance of a duty or payment of a debt. Some states apply the common law rule that the conveyance of real property is void and is defeasible should the “owner” fail to make the payment. Many states recognize a mortgage as a mere lien [...]

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Buying your first home?

October 22, 2008

10 things you need to know before you make the biggest purchase of your life. 
LIKE MANY YOUNG PEOPLE, PAMELA Jowers dreamed of one day getting married and buying a home with her future husband. But the 31-year-old, who lives in Moody, Alabama, decided that she didn’t need a ceremony to make her dream come true. [...]

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Top Ten Things to Know When Buying Commercial Real Estate

October 22, 2008

Buying Real Estate for Business Owners
1. Get Organized:
Most competent lenders can give you a checklist of their needed documents immediately. Full documentation loans (like SBA 504’s) are worth spending the extra time on in order to get organized and shave a couple hundred basis points (100 basis points equals 1.0%) off interest rates. This will [...]

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The 10 Most Important things to Consider when Selling Real Estate

October 22, 2008

Determine when you want to sell. Do you have to be someplace by a certain date?
Determine how long the process will take.
Decide where you will be moving after the sale.
Do you need assistance finding an Agent in another area?
What do you need to do to prepare the property prior to putting it on the market?
Be [...]

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