Turning Real Estate into a Home
I am constantly asked “Should I rent out my house?” If a client is unsure about selling, if the house is vacated during disposition of the estate, or if the house has not sold for an extended period of time, renting can be an option.
Continue reading “Renting Out Your House to Family”
Over the last year I’ve become the realtor of record in the Genesee County Family Court in a number of divorce cases. This was an interesting experience. What I learned was that in each home sale, the nuances and details necessary to insure that each party would be successful at the closing is different than in other transactions. This encouraged me to learn as much as I could about my role in the sale of a marital home during a divorce.
Many years ago a client of mine had a quitclaim deed drafted to put his son on the deed to his home. With a quitclaim deed, in the event of my client’s death the son would automatically become the owner without the property going through probate.
No matter how good or logical a deal seems, sometimes your gut tells you it just isn’t right. Here’s a story about a deal like this.
Recently a client asked me if I could help him find a new tenant for a condo I had helped him purchase.
“Why is your tenant moving?” I asked.
“I don’t know,” he replied.
“Well then let’s find out why.” I said.