Ed & Becky have just signed their closing documents and are about to take possession of a 2nd home in Cle Elum, WA. Just over 4000 sqft, this so called “cabin” would rival any million dollar home here in the Seattle area. Congratulations on your new get away home!
Certain sides of a house or anything in particular receive the brunt of the punishment of the weather. Here in Western WA, it seems to be primarily Southern & Western exposure. The combination of the sun, wind, rain, and varying degrees can wreak havoc on wood. I am here at an inspection with an inspector and former builder who gives a good tidbit on how to address a weather battered side of a house or deck made of wood.
Are you looking at a house to purchase AND the house has an existing tenant? If you’re thinking that you can just evict the tenant so you can move in, not so fast. There are definitely some things to consider. Even if you plan on keeping the property as a rental, this video has little pearls of wisdome will help minimize being caught off guard.
The word title is a collective term for all your legal rights to own, use and dispose of land. Title includes all previous ownership, uses and transfers. In order to insure the transfer of real estate property, a title search must be performed. Title insurance protects against the possibility of future loss should your legal rights to your property be challenged.
There are two types of title insurance: a lender’s policy and an owner’s policy. The lender’s policy protects the lender’s interest in the property for the amount of the mortgage loan. An owner’s policy typically protects the home-buyer for the purchase price. While a lender’s policy is often required to grant a mortgage loan, an owner’s policy is typically optional.
This was a suggested to me by an inspector in treating moss on pavement. I think killing the moss prior to power washing creates less effort when power washing. I’ve done it on my brick walls and seems to work well. I look forward to hearing how it works for you.
Here’s an item of value for those who hate house cleaning or those who just need a break. It’s a 3 package deal, each cleaning is $99 for a total of $297 which includes up to 8 work hours worth of service per cleaning. Please call Pro-Maids for further detail.
From a high rise in the Bellevue Towers, this view just as the sun was setting was breathtaking.
This information comes via Doug Pittman & Elizabeth Pedersen of Chicago Title. Filing Bankruptcy while being a homeowner can be confusing. Responsibilities are relieved for a fresh start but judgements remain connected to the property. A relief of judgement is possible but even that can be refused by the judge if he/she feels there is enough equity in the property to pay the judgement debtor.
Ever wonder if easements stay with the land or if they are just granted to a particular person? It really depends on how it is set up.
When a new easement is created it must be signed not only by the owner of the property it will cross but also by any mortgage holder. If the current lender doesn’t consent to the easement and the property is later foreclosed, the easement would be considered to be terminated.
A license agreement gives only a personal privilege or permission to use the land of another. It does not run with property. A license is revocable by the property owner and often can be revoked on short notice.