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Can a Title Company Remove a Lien?

Can a Title Company Remove a Lien? One’s legal claim, called a lien, must be held and secured by one creditor to be able to remove it. Consequently, the title company is in charge of making sure all liens are collected and released during closing in order that potential issues with payments or property transfers… Continue reading Can a Title Company Remove a Lien?

How Long Can a Rental Property Be Vacant?

How Long Can a Rental Property Be Vacant? When renting out a residential property, the largest worry for landlords is the length of time their rental will remain vacant before incurring losses. There is no definitive answer to the question as this will depend on various elements including location, market trends and target tenants. It… Continue reading How Long Can a Rental Property Be Vacant?

Tax Consequences of Buying Your Parents’ House

Tax Consequences of Buying Your Parents’ House When one is buying a property from their parents, they have to take into consideration the tax consequences that are included with it. Whether buying in cash or through mortgage payments, taxes may still be due on this sort of real estate transaction. According to if the sale… Continue reading Tax Consequences of Buying Your Parents’ House

Can You Live in a House During Probate?

Can You Live in a House During Probate? Residing in a home during probate could be possible, with regards to the circumstances. When an individual passes away and leaves behind property or assets like real-estate, it must proceed through probate before being distributed to heirs. During this process, it’s possible to have the capacity to… Continue reading Can You Live in a House During Probate?

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