Methods of Transferring Home Ownership
Methods of Transferring Home Ownership As a homeowner, you’ll usually think of transferring ownership of property through a sale. But there are also other methods that ownership can be transferred. Here are the following methods: Sale – the owner agrees to hand over title in exchange for consideration, usually completed with a deed Gift – […]
Closing Math: Calculations You Should Know
Closing Math: Calculations You Should Know After you read this guide yo will be able to: Calculate the realtor’s commission Calculate the seller’s share Property taxes Rules of proration Calculate proration of costs Calculating the Realtor’s Commission: When you are selling your home, you’ll sign a listing agreement with the listing agent and his/her brokerage […]
The Guide on Title Insurance & Why It’s Important
What is title insurance? It’s an insurance policy guaranteeing that title to property is a good title insuring the policyholder against loss or damages from defects in the title. After reading this article you will understand how to: Define chain of title Describe how a title search is conducted Differentiate between standard title insurance and […]
Understanding Real Estate Legal Descriptions
Understanding Real Estate Legal Descriptions Any time the word “legal” is involved it’s not usually very fun. So it’s no surprise that the term “real estate legal descriptions” doesn’t seem very interesting when you hear it. But, it is important because legal descriptions tell you what real estate land you are acquiring and its accuracy […]
The Ultimate Guide to Closings & Settlement Statements
What is Closing? Closing is the process where a buyer and seller come together to exchange funds for the title of a property. Due to the different transactions costs involved with closing, a balance sheet must be kept which is known as a closing statement. It lists out all the debits and credits of the […]
Ultimate Guide to Home Buying Costs
The Ultimate Guide to Home Buyer Costs What are the costs of buying a home? Whether you’re a first time buyer or an experienced home owner, this question has surely crossed your mind before. This is a great question to ask because buying a home is likely going to be one of your most expensive […]
Realtors Guide to Mishawaka Indiana Real Estate
Realtors Guide to Mishawaka Indiana Real Estate Learn all there is to know about the Real Estate market by top Mishawaka IN Realtor, Kevin Foy of RE/MAX Oak Crest Realty Realty. If you have any questions on anything to do with the town and specifically Mishawaka Real Estate, please get in touch as I have […]
Ultimate Guide to Indiana Home Selling Costs
Indiana Home Selling Costs While selling thousands of homes in the Northern Indiana area over the last thirty five years, I realized many homeowners don’t realize all the home selling costs involved with selling a home. The downside to this is unexpected cost surprises. To prevent this from happening, it’s important that a real estate […]
Realtors Relocation Guide to Granger Indiana Real Estate
Realtors Relocation Guide to Granger Indiana Real Estate Learn all there is to know about the Real Estate market by top Granger IN Realtor, Kevin Foy of RE/MAX Oak Crest Realty. If you have any questions on anything to do with the town and specifically Granger Real Estate, please get in touch as I have […]
Realtors Guide to Elkhart Indiana Real Estate
Realtors Guide to Elkhart Indiana Real Estate Learn all there is to know about the Real Estate market by top Elkhart IN Realtor, Kevin Foy of RE/MAX Oak Crest Realty. If you have any questions on anything to do with the town and specifically Elkhart Real Estate, please get in touch as I have been […]
