To rent out your property, understanding short-term rental (STR) restrictions is essential, as they significantly impact your Right of Control and Right of Disposition. Local governments, zoning codes, HOAs, and…
A chattel loan is for personal property, unlike a traditional mortgage for real estate. The blog explains how chattel mortgages work for movable assets like mobile homes or equipment, using…
A defeasance clause in a mortgage agreement ensures that the lender's claim is nullified once the loan is fully paid, providing legal release provisions tied to your original mortgage. This…
After paying off your mortgage, ensure you receive a "Deed of Reconveyance" (in trust deed states) or "Satisfaction of Mortgage" (in traditional mortgage states). It's critical to record your Deed…