Tax implications of Quit claim deed
What are the tax implications of a Quit Claim? Who pays the property tax? Thank you.
Can quitclaim deed transfer mortgage debt?
A friend of ours is having financial difficulties and is behind in his house payments, he is wanting to do a Quit Claim Deed transfer to us and we would take over the house payments to bring it up to date and finish paying for it. Are there legal complications in doing this since he still owes money? Should we go to the bank instead?
How foreclosure affects your credit score
If you were quit claimed on to a property and are not on the loan. If the property get foreclosed on will this effect your credit? Will a forecoseure show up on your credit report? And how do you find out if the other person on the title who does carry the loan has missed payments and may be near a default?
Mobile home loans - How to qualify and what are the options?
If you're a home buyer looking for housing options other than traditional site built houses which cost you more, then mobile/manufactured home may be the right choice for you. Mobile homes are first built in factories and then taken to the site where it may or may not be given a permanent foundation. There are 2 options when it comes to financing your mobile home. Check out the financing options and the topics as given below: Types of mobile home loans
Can quit claim remove name from title?
I was married for 8 yrs and separated now for 4 but not officially divorced yet. My ex hubs purchased a condo 3 months before we got married and I had nothing to do with any paper work or any involvement with the condo. We lived in it for 8 yrs and I left 4 yrs ago due to an unhealthy and verbal abusive environment. I left everything but by cloths and started a new life. Now after 4 years of being separated he wants me to sign a quit claim deed because he wants to sell the condo. What I don...


Investment Trust is an organisation that invests in as a full fledged business. By investing in a Investment Trust, you can become part of the investment party and enjoy profits (of course, the assumption here is that the Investment Trust is good and professionally managed). Investing in Investment Trust is very easy too. You can just buy Investment Trust shares which trade on all major exchanges. There are certain laws governing the Investment Trusts that help them avoiding the tax at corporate levels e.g. it is mandated that Investment Trust’s portfolio has 75 percent of investment in real estate. Moreover, 75% of the income of Investment Trust must be from rents or mortgage interest. There are various types of Investment Trusts. Some Investment Trusts own properties themselves and hence feed on the rental income from those properties. Some others indulge in providing only mortgage loans or go for mortgage backed securities. Then there are Investment Trusts which do both i.e. rental focussed investments and mortgage based investments. There are a number of Investment Trusts operating in the market and a lot of these Investment Trusts are doing good business. By investing in Investment Trust you are basically investing in without actually buying a property yourself. This is one easy way of investing in (and much safer too). You must surely evaluate this option for your investments.
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