When you buy a home, you may have the option of buying it in a trust. Legally, that means the trust, rather than you, owns the home. However, you can be the trustee of the property and have significant control over it and what happens to it after you die. Buying a home in atrust...
Some buyers have concerns or superstitions about purchasing a home in which someone has died. Disclosure might be required. "Each state will have slightly different requirements for disclosure," saidJim Olenbush, a Texas real estate broker. "In Texas, for example, deaths from natural causes, sui...
Financing as an investment.If the seller doesn't need all the proceeds from the sale right away, then owner-financing a home can be a great investment. When you put money in the stock market, you might get 6%, or maybe a little more -- or you couldlose5, 10, or 20%, orall of ...
Do not worry about your fees, since the seller or owner of the property pays all the fees to the agency for the sale of a home, so working with a qualified real estate agent will cost you nothing. Start looking for houses. Start touring the houses you like, meet with your agent to ...
Homeowners are expected to create a synergy between the owned house seen as a space of shelter, place of home and increasingly, an investment vehicle and an object of debt. Drawing on 80 interviews with owner-occupiers and national data on house prices and mortgages, we examine the way in ...
How to Get from Renter to Owner in 10 Easy Steps ; Buying a Home Is a Challenging Experience. Follow Our Guide and Make the Task Easier, Says Lucy Tobin1. SET A BUDGET THERE'S no point going house-hunting until you know how much you have to spend. So count your money -- or ...
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Becoming a first-time property owner doesn’t have to be a daunting prospect. With a little planning and some discipline, you can revel in the joy of owning your first home. Find out more aboutStandard Chartered Bank’s Home Suite.
The question remains–which is better, renting, or owning? Many people perceive home ownership as being better. Here are a few reasons why home ownership may be better. Flexibility to do what you want with the property: since you own the property, you can paint or decorate however and when...
2. Ask the seller for official documentation of a listing and cross-check the information to ensure their contact information matches that of the property owner on an official website. 3. Be wary of sellers trying to pressure you to pay upfront before signing a housing agreement. ...