Tax Lien Sales: Can You Buy Tax Lien Properties to Save Big?
- CourthouseDirect.com Team
- 07/11/2018
- Real Estate
Every day, banks around the nation foreclose on hundreds of homes. Foreclosure means the bank takes possession of a property after the mortgager fails to make payments – including payments on homeowner taxes. The government (state or ...
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What Is a Title Plant?
- CourthouseDirect.com Team
- 07/03/2018
- Title
A title plant, also known as an abstract plant, is a database records, indexed geographically. They are records that track and show all instruments connected to a tract of land, going back at least 25 years. Title plants are what companies ...
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How Long are Property Appraisals Valid?
- CourthouseDirect.com Team
- 06/20/2018
- Mortgage
Property appraisals may not have expiration dates, but, typically, lenders tend to reject appraisals that are more than 120 days old. In other cases, the expiration date may be within 60 to 90 days. Some lenders will allow up to 180 days ...
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What is Property Tax Proration?
- CourthouseDirect.com Team
- 06/13/2018
- Real Estate
When people buy and sell real estate, buyers and sellers must pay several costs before transferring the property to a new owner, called closing costs. Within these closing costs, buyers and sellers need to negotiate the proration. There ...
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Your Guide to Mineral Rights in New Mexico
- CourthouseDirect.com Team
- 06/06/2018
- Oil and Gas
Grasping at least the basics of mineral rights in the state of New Mexico is necessary for both property owners and businesses in the oil and gas industry. Since the first successful gas well in New Mexico in 1921, several major companies ...
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What is a Boundary Survey and When Would You Need One?
- CourthouseDirect.com Team
- 05/30/2018
- Legal
A basic part of owning property is knowing where the boundaries are. Without clear boundaries, arguments will arise, whether it is private property, commercial property, or land for drilling and mining. When there are conflicting views ...
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Everything You Need to Know About Proof of Ownership
- CourthouseDirect.com Team
- 05/23/2018
- Real Estate
To own a property, you need specific real property documents to support your rights to the property. Real property includes any structures on the land, any person’s rights and interests related to the property, and natural parts of the ...
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6 Tips for Landmen Finding Public Records Online
- CourthouseDirect.com Team
- 05/17/2018
- Oil and Gas
When trying to figure out information about potential land, online resources are great. They are easier and more convenient than physical documents. Landmen who are looking to secure land for drilling need to certify various things before ...
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The Ultimate Mortgage Application Checklist
- CourthouseDirect.com Team
- 05/09/2018
- Mortgage
Buying a home is a significant moment in anyone’s life. For most people, it is a financially straining purchase. Most people need to apply for a mortgage loan. Follow these steps to successfully apply for a mortgage loan for your home.
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Option Fees Vs. Earnest Money: What’s the Difference?
- CourthouseDirect.com Team
- 05/02/2018
- Real Estate
The real estate market can be confusing to both buyers and sellers alike. During the pre-closing routine, realtors may send several documents to both parties. One of these documents deals with option fees and earnest money. Since real ...
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