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Expert Insights on Real Estate Deeds:
Buying in Installments? When the Land Contract Goes Wrong
An Indiana family living in an older Victorian home made the news this summer. The story isn’t pretty. The family has spent nearly seven years trying to get the deed to their home after paying off the last installment on a land contract. And now Yolanda,...
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Read moreA Q&A on “Assessed Value”: How Tax Officials Decide What Your Deed Is Worth
Deed holders pay taxes for owning property. The value of a deed to a tax assessor is not the same as the value assigned by the market or by a real estate appraiser. The property’s tax basis is called its assessed value. To simplify: the deed holder...
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Read moreMaking an Offer on a Home? Know What to Sign and What Not to Sign
So you’ve made an offer on a home. Nice work so far! A formal offer is called a real estate purchase agreement. It’s a contract that names the seller and purchaser and states the price the buyer will pay. Here, we discuss what to examine closely...
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Read moreThat’s a “Yes” in Our Back Yard: New Federal Law Cuts Builders’ Red Tape
The 21st Century ROAD to Housing Act is now the law. It’s winning praise for cutting red tape. And its $200 million innovation fund, while not exactly huge and yet to be funded, could stimulate local governments to ease their burdensome and restrictive...
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Read moreMedicaid Estate Recovery: Is Your Deed Safe?
If you qualify for Medicaid, you don’t have much money in your accounts. But you’ve held onto your deed. Maybe your adult children are helping with household expenses, expecting the home to stay in the family. But will it? Or will Medicaid claim your...
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Read moreAdding an ADU to Your Property as a Rental Income Strategy
You’ve likely come across people with guest houses or garden suites on their properties. Housing policy people have a name for these extra living spaces: accessory dwelling units, orADUs. Accessory dwelling units are the talk of the town these days...
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