BENEFITS OF USING AN LLC WITH A SELF DIRECTED IRA
Benefits of Using an LLC with a Self-Directed IRA The process of using a Self-Directed IRA to buy non-traditional or alternative investment assets can be confusing and seem restrictive. One …
REVOCABLE TRUST VS. TRANSFER ON DEATH DEED?
REVOCABLE TRUST VS. BENEFICIARY DEED? When a person dies owning real property in his or her name, probate may be required in order to transfer that property to the heirs …
SIMULTANEOUS CLOSING
What Is Simultaneous Closing? Simultaneous closing (SIMO) is a real estate financing strategy in which two simultaneous transactions occur during the closing on a single piece of property. In this …
STIGMATIZED PROPERTY
Stigmatized property In real estate, stigmatized property is property that buyers or tenants may shun for reasons that are unrelated to its physical condition or features. These can include the …
WIRE FRAUD IN REAL ESTATE CLOSINGS
Imagine arriving at the settlement agent鈥檚 office for your closing. Everything went without a hitch: The buyer provided all documentation plus the Realtor庐, closing attorney/title company, and lender have performed …
POOL OR NO POOL?
As we head into the heart of summer, thoughts naturally turn to fun in the sun while staying cool. For some, that might even mean contemplating the addition of a …
WHAT IS EMINENT DOMAIN?
What is Eminent Domain? Eminent domain is the power the United States government, states, and municipalities to take private property for public use, following the payment of just compensation. Breaking …
WHAT IS A LEGAL GIFT?
A gift, in the law of property, is the voluntary transfer of property from one person (the donor or grantor) to another (the donee or grantee) without full valuable consideration. …
SELLER DISCLOSURE REQUIREMENTS IN MISSOURI
You are thinking of moving, and want to put your Missouri home on the market. Most states have legislation that would require home sellers to give an extensive written disclosure …
CONSIDERATIONS FOR RENTING OUT YOUR HOME
A rental contract is only as good as the terms outlined in the document, so it鈥檚 important for a landlord to give serious thought to the information and rules that …