I am Burt MacDonald. We are slowly turning into a country of renters as more and more millennials feel that they prefer renting, which requires much less commitment than owning a home. I have completely embraced this lifestyle as well. I never feel like I can live in a city for very long. It doesn't take long to see most of the things you'd want to see in a given city. So I have decided to create a blog where I will cover various aspects of real estate, from both a owner's and renter's perspective, to help anyone I can.
30 December 2017
Making a will is an important practice and is highly recommended, but don't stop there. Once you find out how making a revocable trust resolves probate issues, not to mention making it easier on your loved ones, you will want to add this important estate planning tool to your plans. Many people are a bit intimidated by just the thought of a trust, but they are actually as easy as a will to create and far easier to deal with after a death.
18 September 2017
Buying your first home is an exciting moment. It can also be a confusing moment, especially if you're not prepared for the possible glitches, and there can be quite a few of them. If you're not prepared for the process, you need to have someone by your side who'll be there to look after your interest. Real estate agents can help you find the right house, but they won't be able to help sort out all the intricate details of your mortgage loan.
16 June 2017
If your aging parent is currently living in their own home and wants to give the home to you after their death, then your mother or father may choose to sign the deed over to you before they pass away. This is a common thing and is often a tactic to avoid the entire probate process. While there are some benefits to this, there may be some drawbacks as well. Keep reading so you can help your parent understand whether the deed should be signed over or if the estate and home should go through probate after they have passed away.
14 June 2017
Being left as the executor of an estate means that you will be facing a lot of responsibilities that may be foreign to you, especially when it comes to dealing with the deceased's real estate property and probate. While in most cases, real estate that is left behind will have a defined way it should be handled, it is not uncommon for reasons to exist that will require you to sell the real estate property through the probate process.
10 June 2017
Buying real estate can be a great investment that can provide a healthy return while also providing you with a place to live or income from rents. However, real estate transactions can highly complicated. If you are not prepared, you will find that you can inadvertently expose yourself to a more liability than is absolutely necessary. Considering the sizable expenses that will go into a real estate purchase, you will want to make sure to avoid these liabilities as they can be rather large.