A short sale is when a lender agrees to a person or entity selling property at fair market value even if the outstanding mortgage against the property is more than that value. In such a case, the lender generally forgives the balance due on the loan after the sale occurs, and the borrower is not required to pay off the remaining balance (though this isn’t always true).

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Title insurance is an important type of insurance policy for anyone who owns property. But before one can understand why title insurance is so important, it is necessary to understand what a title is.

Whenever you buy a piece of land, you receive title to that land. This signifies your right, as the owner, to

Many entrepreneurs get their start in the world of business by buying an existing company rather than starting their own. Many people see this as a less-risky endeavor, although it still comes with plenty of challenges.

There are numerous steps you will need to take to ensure you are making the right move and covering

If you’re preparing to sell property in the U.S. Virgin Islands, it’s important to know all the steps you’ll need to take and items to check off your list. This is true whether you’re a first-time seller or an experienced real estate investor.

Below are a number things you will need to consider when selling

Homeowners, condominium and timeshare associations (“Associations”) often make the mistake of not filing tax returns based on the belief that they are exempt from having to do so.  However, Associations are required to file tax returns like any other corporation, even if they’re not-for-profit.

Fortunately, most Associations don’t have much, if any, tax liability.  This

charity signIf you would like to make sure your assets and property are distributed in accordance with your wishes, a trust is one of the best tools to help you do exactly that.

Through a trust, you are able to maintain full control over which beneficiaries receive certain funds or property, all while bypassing the lengthy