Holding Title in a Trust

As a buyer, you’re allowed to hold title in a trust, but you’ll need to provide your lender with certain documents.

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A client of mine is in the middle of a home purchase and he wants to put the property in a trust. If you ever find yourself in a similar situation, can you hold title in a trust? Today I’m joined by Dave Marzinke of Movement Mortgage to answer this question. You definitely can, but there are a few documents you’ll need to provide to your lender. The first is a copy of the revocable trust. The second is a trust certification of attorney opinion letter. The latter is an outside document that certifies how the trust is set up, who’s a part of it, and how it’s recorded. Also, the certification has to be notarized. You can provide these documents after the offer is accepted if need be.

If you have any more questions about this or any other real estate topic, don’t hesitate to reach out to me. I’d love to help you.

Everything Sellers Need to Know About Listing This Fall

Is selling this fall a good idea? Actually yes, and today I’ll explain why.

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Selling a home? Click here for a FREE Home Price Evaluation 
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If you’ve thought about listing this fall but aren’t sure whether it’s a good time to do so, then I’ve got some good news.

Not only is buyer demand strong right now, but inventory is low, as well. This translates to lower competition (and the potential for a higher sales price) for those who do choose to list.
 
If these reasons weren’t enough, many buyers are also eager to find their next home before the holidays arrive. This sense of urgency only serves to further your leverage as a seller.

Today’s low inventory translates to lower competition (and the potential for a higher sales price) for those who do choose to list.

Those looking to upgrade their living situation by moving into a larger property (or one in a higher price point) are also at a particular advantage right now, as appreciation rates have jumped up by 5.2% this past year.

Of course, financial factors aren’t the only reasons you might want to make a move. Personal developments can be an equally strong incentive to sell. Whether it’s a marriage, a new job, the birth of a child, or anything else, selling your current home so that you can transition into another often comes along with these major life changes.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.