Author: Anita Hummel
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Residuary Estate: Definition And How It Applies To Real Estate
Real estate plays an essential role in the financial well-being of many individuals and businesses, so fully understanding all its nuances is vital. One such example is the concept of residuary estate, which applies to both real estate and personal property. Residuary Estate is the assets that have been distributed or written into a will.…
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Guide To Understanding Local Real Estate Property Taxes
Most house owners worry about the local property taxes in the area they live in. The local property taxes can add to the overall cost of owning property in some regions of the United States. Local property taxes are taxes accessed on the property based on several factors, including the location and property value. Accessing…
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Faster, Cheaper, And More Efficient: Benefits Of Prefab Homes
Prefab homes are becoming popular for many due to their cost-effectiveness and convenience. Prefab homes are built in factories with standard components and then shipped to their destination, finished or partially finished, ready for assembly onsite. Prefab homes are the new way of building houses and other buildings. Pre Fab homes are homes built entirely…
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Definition Of Single Family Residence Explained
Real estate is a complex industry, and understanding its legal terms can be daunting. There are so many unique terms in real estate. One term that you may come across frequently in real estate transactions is “single-family residence.” It is essential to understand what this means so that you know exactly what type of property…
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How To Sell A House Without Land? Must It Be Moved Or Torn Down?
If you are in the unique position of having a home that does not have land attached to it, there are things you must consider. In most places this is not a common occurrence because most homes come with land. You can sell a house without land, but it would not be easy. Most people…
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Can You Sell Your House For Whatever You Want?
Are you considering selling your house and wondering if you can set any price you want? We will explore the truth behind home pricing and the factors that affect it. You can sell your home for any price you want, but if you decide to price it too high for the present real estate market,…