To Homestead Or Not To Homestead
"To Homestead or Not To Homestead?" That is the Question
Considering buying a house? Here's a word of forewarning.
Expect that once your house is in your name to be pestered about
"homesteading."
Homesteading, in this instance, is not that of the late 1800s,
where the government gives you so many acres on which you live
and till. Here, in the 21st Century, the concept has changed
slightly. These days it's a legal term for protecting a portion
of your home's equity from lawsuits. The companies offering you
this benefit may charge you any where from $50 to $100.
A firm may approach you and offer, on your behalf, to file any
appropriate documents with the courts to shield your home from
this legal action. Sounds like a good idea, doesn't it? But for
the most part it's unnecessary to have a third party file for
you. The documents are easy enough that you can file them
yourself if you live in a state that requires it. In some states
this is completely unnecessary.
If you are considering buying a house, you need to arm yourself
with the wisdom and advice found in http://www.a-real-estate-guide.com before
you buy. This free site contains a wealth of information on all
aspects of real estate as well as mortgage calculators and other
essential knowledge to make an intelligent purchase. And most
importantly it contains daily news feeds that are at your
fingertips about the world of real estate. It's like having the
power of several business journals at your fingertips.
If you find yourself lost in the jargon of realtors or mortgage
brokers, you need to consult http://www.a-real-estate-guide.com. There
are few other purchases in life that are as large and as
important as buying your home - in many instances this is a
30-year commitment! Don't jump into any contract without first
visiting this vital website. http://www.a-real-estate-guide.com is an
invaluable tool that can help you save thousands of dollars! It
can help you save time and save money! Don't forget to bookmark
this site today!
Jeff Little
http://www.a-real-estate-guide.com