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Tax Implications of Selling a House in a Trust Complete Guide
Can I Sell My House if It Is in a Revocable Trust? Yes, you can. If your home is in a revocable trust, you are still in control of it. This means you can sell it whenever you want, just like a regular homeowner. A revocable trust is a legal way to manage your assets, but it doesn't take away your rights to sell your home.
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The main difference is that the home's title (the legal paperwork showing ownership) is in the name of the trust, not your personal name. So, wh

What Does HOA Cover for a Townhouse?
If you are looking to purchase a townhouse, it is pertinent to know what the homeowners' association (HOA) really covers. Townhouses often come with an HOA, so it can be nice to know what you're paying for upfront to prevent unexpected expenses down the road.
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This article will explain what does HOA covers for townhouse, what may not be included, and how these expenses could vary depending on where you reside. We'll keep things straightforward so you can make infor

Quiet Title What It Is and How the Process Works
When you purchase a house or parcel of land, you want to guarantee that no one else can claim it in the future. Sometimes, there are doubts about the correctness or completeness of a property’s paperwork. At this stage, a quiet title process is available for assistance. It settles all questions about ownership and proves you have the right to the property.
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We will discuss in this article the meaning of a quiet title, for what purposes it is used, its processes, an



What Is a Mortgage Maturity Date and Why It Matters?
If you have a mortgage, there is a specified time frame for paying it off. The maturity date is the end of a given period. It is the day when your loan is scheduled to be paid in full. But what happens if loan is not paid by maturity date? That's where problems could come up.
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This article will examine mortgage maturity dates in detail, including their meanings, effects, and implications on the failure to repay loans on or before the due date.
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Special Warranty Deed What It Is and How It Works
The property deed is one of the most vital documents you will come across while buying a home. This is how the seller legally gives you ownership of the property. A special warranty deed is one form of deed you may come upon. But what does this mean? And, more importantly, should you buy a house with a special warranty deed?
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To help you make the best choice, let's break everything down into easy-to-understand words.
What is a Special Deed?
In real estate tran

Selling a House to a Family Member A Complete Guide
Are you considering selling your house to a relative? It may seem to be an easy and polite way to transfer property, whether it's for your child, brother, or other member of your family. Even if it appears to be a simple transaction, there are crucial stages and standards to follow, especially if you want to sell the property for less than its fair market value.
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In this tutorial, we'll explain everything in layman's terms, including the answer to a typical questio
