Do I Need A Land Survey? A Land Survey is not required on every real estate transaction, but is sometimes necessary and invaluable. A survey marks the lands outer boundaries and a plat map is prepared showing the land boundaries along with a legal description....
Understanding Mineral Rights Mineral rights are a cause of controversy among property owners. This is especially true in areas with oil and gas exploration. Owners of these rights have certain rights which are difficult for land owner’s to accept. These rights are often called oil...
Reading A Real Estate Contract A Real Estate Contract, Real Estate Purchase Contract or REPC is the contract to buy land or other types of real estate. These contracts are created by the state real estate department and used by real estate agents. Individuals use...
How To Find A Realtor How to find a realtor. When you choose a realtor they are working for you. You are hiring them. Below are 6 questions to ask when interviewing your prospective realtor. 1. How Experienced Are You? Many have asked how to find...
Owner Financing: The Best Real Estate Loan Owner Financing, also known as seller financing, is a real estate transaction where the seller is also the lender. Owner financed land can be any real property, although it is more common with land than houses or commercial...
Real Estate Property Rights When we own real estate or land we like to think we have all property rights to our land. That we can do anything we want. Build what we want, where we want, when we want. Keep everyone off. Unfortunately that...
How To Calculate Real Estate Values The most important step when buying or selling property is to decide the real estate values. I recently observed two land purchases. The two parcels of land were almost identical. Both were 10 acres of vacant land next to...
The Family Trust And Real Estate A Family Trust, also known as a Family Living Trust or a Revocable Family Trust, is a legal entity created by a Trust Agreement to hold ownership to your personal and real property. Your attorney will create the necessary...
Tenancy In Common And Its Use Tenancy in Common is the standard form of vesting, allowing real estate to pass to the owner’s heirs. When a owners dies their part of the land passes to their heirs instead of the remaining owners. In contrast, Joint Tenancy...
Joint Tenancy in Real Estate Joint Tenancy allows the real estate to transfer to the surviving owner(s) on the death of one owner. It is most commonly used between spouses but is used in other situations and between more than two people. There are many other ways...
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