Mortgage Blog Blog Archives

Archive for January 25th, 2008

Know-Hows of Real Estate Market from Luba’s Blog

Friday, January 25th, 2008

Luba’s San Francisco Real Estate is a blog on the real estate industry in San Francisco.

The blogger here has dealt with valuable information which can help real estate sellers as well as buyers in the San Francisco areas. Besides, there is also some insight on neighborhood real estate.

Moreover, there are references to some good resources on real estate and related areas. And, I must mention here that the posts are simply written so that even a layman can get an idea of what it is about.

What I like the most about this blog is, it gives a realistic data of the home sales along with specific reasons. For instance, in the post “Putting the Home Sales Decline in Perspective, the blogger here gives the home sale data along with a reference to the Realtors Association website where it’s discussed as to why the sales have declined.

Luba has given a prediction as to what the future market would look like. For instance, he says in one of his posts, he remarks that 2008 will be great for the San Francisco real estate market.

The blog in overall has a good design too with well-defined categories and recent posts being highlighted. This helps anyone to understand what the blog is about and how helpful it can be in getting a know-how of the real estate market.


Different Types of Deed and Their Uses

Friday, January 25th, 2008

A deed is generally used to transfer the ownership of real estate property. There are different types of deed and their usage varies with the type of transaction. Mainly three kinds of deeds are mostly preferred in the US. These are given below.

1. Warranty deed:
A Warranty deed is used when someone is selling or buying a property. This deed assures that the title is free from any kind of liens. It confirms that the seller owns the property and has the right to sell it.

2. Grant deed:
This deed is used in some states for selling or buying a real estate property. To use a Grant deed, the property must be clear from any kind of claims.

3. Quitclaim deed:
Such a type of deed is mostly used for transfer of property amongst family members. Here the grantor or the owner quits his interest of the property and transfers it to the grantee. But this deed does not assure you that the title is clear from lien.

All these deeds need to be notarized and recorded in the County Recorder’s office asap to make these valid. If you don’t do this, the deed will not be considered as a valid one and you may have to face serious problems.

[tags]deed, warranty deed, grant deed, quitclaim deed[/tags]




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