Archive for the ‘Internet Real Estate’ Category

New Service for Post Death Trust Transfers of California Real Estate Property

Deed and Record now provides internet service for Successor Trustees. Deed and Record prepares the affidavit death of trustee and the quit claim transfer deed; prepares and files required transfer tax exemptions and records the affidavit and deed with the proper government authority.

Irvine, CA (PRWEB) February 28, 2012

Real estate property held in trust by a person who has died can be transferred as directed in the trust without going through probate. The transfer often requires two documents; an affidavit death of trustee and a quit claim deed. The quit claim deed is from the trust to the beneficiaries of the trust.

Affidavit Death of Trustee

This document is a declaration, under oath, by the successor trustee. The successor trustee declares the owner has died and attaches a certified copy of the death certificate. The successor trustee further declares he or she is authorized to take control of the real estate property according to the terms of the trust.

The affidavit is filed with the county recorder. It is now of public record the successor trustee has the authority to take control. Control is limited to what is directed by the trust. Typically, the trust directs the successor trustee to distribute the real estate property to specified persons.

Quit Claim Deed

The second step is preparing a quit claim deed from the trust to the beneficiaries of the trust or entering into a listing agreement for the sale of the real property. If sold, the proceeds from the sale of the real property are distributed to the persons identified in the trust and quit claim deed is not needed.

A quit claim deed does not contain any implied warranties. The successor trustee who “quit claims” real estate simple conveys whatever ownership interest the trust has along with any debt or loans secured by the property. The successor trustee makes no promises and the property is taken “as is.” A quit claim is the easiest and cheapest way to transfer ownership out of a trust.

For more information - http://deedandrecord.com/trust_transfers/after_death_trust_transfers

call 949-474-0961 or go to http://www.deedandrecord.com

Trust Administration on Death of First Spouse: Funding of Bypass Trust and Survivor’s Trust

Often a trust directs on the death of the first spouse the trust is to be divided into two separate trusts, a bypass trust and a survivor’s trust. The purpose of the two trusts is to preserve the deceased spouse’s exemption from the estate tax. The estate tax is often referred to as the death tax.

Deed and Record prepares the affidavit death of first spouse and the quit claim transfer deed; prepares and files required transfer tax exemptions and records the affidavit and deed with the proper government authority.

The affidavit of death is a declaration, under oath, by the surviving spouse. The surviving spouse declares the other spouse has died and attaches a certified copy of the death certificate. The surviving spouse further declares he or she is authorized to take control of the real estate property according to the terms of the trust.

The affidavit is filed with the county recorder. It is now of public record the surviving spouse has full and sole authority to take control of the real estate property.

The second step it to prepare and record a quit claim deed to fund the Bypass Trust and Survivor’s Trust. This step requires a division of all assets owned by husband and wife. A review of the trust document, notification to heirs of the creation of the Bypass trust and division of assets is required. The services of an attorney are required at this stage.

To consult with an estate administration attorney call Mark W. Bidwell at 949-474-0961. For more information please go to http://www.BidwellLaw.com

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Mark W. Bidwell
Mark W. Bidwell, A Law Corporation
(949) 474-0961
Email Information

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New Service for Post Death Trust Transfers of California Real Estate Property

Over $11 Million in Real Estate Sales at Hacienda Beach Club and Residences in Cabo San Lucas in 2012

A successful “First Steps to the Beach” program motivates buyers looking for luxury resort homes in Baja California Sur.

Cabo San Lucas, Mexico (PRWEB) February 23, 2012

Partnering with real estate sales and marketing firm Paradigm Real Estate Solutions, Hacienda Beach Club and Residences has achieved tremendous sales success with over $11 Million in luxury homes sales in 2012. Through their exclusive “First Steps to the Beach” program, home buyers are able to save up to 48% on a limited offering of Cabo San Lucas homes, complete with stunning ocean, marina and mountain views. Also, the next homebuyer at Hacienda may qualify to receive a designer furnishings package valued up to $175,000 depending on unit selected. Visitors to the resort may also qualify to receive credits for resort accommodations and airfare. Those who contact Hacienda and schedule a tour may also be eligible for a $120 spa or restaurant certificate.* See homes for sale at Hacienda.

“Our buyers are recognizing the incredible and value proposition offered at Hacienda with our promotional pricing as evidenced by our strong sales in 2012” says Michael Carreno, President | COO of Paradigm Real Estate Solutions. “The secluded and exclusive feel to this property while nestled in the heart of outdoor activities, night life and shopping has provided appeal to all considering Hacienda."

Perched on a quarter mile of Cabo’s Medano Beach, Hacienda overlooks the iconic rock formations of Land’s End and offers an unparalleled getaway experience. Hacienda Beach Club and Residences boasts a variety of real estate options including one, two, three, and four bedroom homes with modern luxury conveniences, artisan finishes, and thoughtfully designed, spacious floorplans. Hacienda offers a unique opportunity to own or rent a Cabo San Lucas beachfront home with resort amenities including a state-of-the-art fitness center, a restaurant and bar, a kid’s club, beach activities, and a full-service spa.

For floorplans, galleries, and more information about Hacienda Beach Club and Residences visit http://www.HaciendaCaboSanLucas.com or call US 800.670.0310 or MX 624.173.9100 to speak with a Sales Concierge.

*The prices, plans, and availability shown are subject to change without notice. All pictures, photographs and images are owned or licensed by Hacienda Beach Club and Residences and its affiliates. Any use, reproduction or distribution of pictures, photographs and images without written permission is expressly prohibited. Promotions are subject to qualifying criteria.

About Hacienda Beach Club and Residences

Fifty years ago the Hacienda Hotel played host to the likes of Bing Crosby, Desi Arnaz, John Wayne, and Raquel Welch, among many others. Today, that glorious setting has been transformed into Cabo’s most irresistible residential enclave. For more information visit http://www.HaciendaCaboSanLucas.com.

About Paradigm Real Estate Solutions

Paradigm Real Estate Solutions, Marketing Consultant to Hacienda Beach Club and Resorts, is a full service national Real Estate Sales and Marketing firm leveraging its proprietary technology platform Marketing Success Portal® to deliver the next generation of real estate solutions for homebuilders, developers and financial institutions. Paradigm Real Estate Solutions' provides market research, proprietary web based technology and internet-centric methods. For more information visit http://www.ParadigmIntel.com.

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Ken Stevens
Paradigm Real Estate Solutions
(866) 676-5328
Email Information

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Over $11 Million in Real Estate Sales at Hacienda Beach Club and Residences in Cabo San Lucas in 2012

New online service helps home sellers, real estate pros

Article updated: 2/23/2012 9:04 PM

Ty King

 

The 4112me.com system includes QR codes on for-sale signs so you can get details on your smartphone.

 

COURTESY OF 4112ME.COM

Homeowners and real estate professionals seeking to sell homes around the suburbs have a new online resource that tracks sales and incorporates social media, such as LinkedIn, Twitter and Facebook.

Rolling Meadows-based 4112me.com, created by Spectrum Communications and Consulting Inc., is a mobile technology and marketing partnership, said Rick Anesi, president of sales for 4112me.com.

“This product will aid and assist real estate professionals for providing better and quicker information to prospective buyers and help their sellers,” Anesi said. “This product is also available and can work with the direct home seller as well.”

The site is open to all real estate professionals, individuals seeking to sell by owner, and homebuilders. There also is a marketing partner program where insurance agents, mortgage brokers and moving companies can sign up and provide it to a real estate agent and receive referrals back. Right now, though, mostly real estate agents are using this service locally and nationally, Anesi said.

Ty King, a Palatine resident, created the service and owns the company.

The service offers mobile texting via a personalized code where home details, images and direct scheduling for appointments or telephoning the sales agent happens on your smartphone.

Prerecorded messaging via a phone number allows the seller to record a message giving details of the property. They also could record the call for feedback and training purposes.

A database management system allows tracking of prospective buyers and leads that appear on your smartphone number.

Geo tracking, or geographical tracking, allows a prospective buyer to see other 4112me.com listings by that sales agent in the area.

A monthly subscription is $35 without a contract. The first 30 days is free.

QR, or quick response, codes are put on signs, which are an additional cost that varies according to size and type. The QR code allows scanning of the property sign, so details are sent directly to your smartphone.

For more, see the firm's blog at http://blog.4112me.com/.

Surfing: ABC 7 offers Waze, a free, community-based traffic app that gives 24/7 real-time traffic information while drivers are commuting. ABC 7 traffic anchor Roz Varon will tell you how you can become an ABC 7 Traffic Tracker after downloading Waze to your iPhone, iPad, Android or other smartphones. It offers a hands-free experience so only your voice is necessary to report traffic conditions. To download, see ABC7chicago.com.

• Comcast launched Xfinity Streampix, a Netflix rival. On Thursday, Comcast customers likely saw a new folder called Streampix in their On Demand service. Streampix is included in many of the Xfinity triple play packages and high-speed Internet services. Otherwise, it is $4.99. Comcast's Midwest headquarters is based in Schaumburg.

• Palatine-based Weber-Stephen Products LLC, maker of the Weber grill, now offers its Weber's On the Grill app for Android phones. It provides previous versions for iPhone and iPad with recipes from Weber's cookbooks. The android version is $4.99 and available at the android Market at market.android.com. For more information, see http://www.weber.com/onthegrill.

•Follow Anna Marie Kukec on LinkedIn and Facebook and as AMKukec on Twitter. Write to her at akukec@dailyherald.com.

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New online service helps home sellers, real estate pros

Ask a real estate pro: 4 keys to getting lower mortgage payments

Board-certified real estate attorney Gary M. Singer answers housing questions in this space each Friday. To ask him a question about short sales, mortgages, refinancing, homeowner's associations or any other residential real estate topic, click here.

Q: My dad passed away four years ago and my mom was scraping by working at a department store until recently, when she had to stop due to an illness. Although my mother has good credit, we have been unable to refinance or lower the payment. It makes no sense because we keep hearing about all of the programs out there to help people. But it seems that there is nothing for someone who needs it the most. – Dave

A: Don't be so sure. There are many programs out there that can help reduce your loan payments. It comes down to four factors: math, persistence, luck and realistic expectations. By math, I mean that your income, bills, home value and mortgage must fit into one of your lender’s programs. As for persistence, many people get turned down two or three times before they get approved, so if you stop trying you’ll never get the relief you’re seeking. There is an element of luck involved in all of this. Did you randomly get a bank representative who will go the extra mile to help you, or the one who is in the middle of a divorce and hates his job? Finally, it’s important to have realistic expectations. I have seen many people turn down a terrific loan modification offer from the bank to wait it out for some magical solution that’s never going to happen.

You need to get an idea of what type of relief that you may qualify for, and see if that relief will work for you. For example, if you earn $700 a month in Social Security as your only form of income and you are trying to modify a $300,000 mortgage, it is highly unlikely that you are going to be offered a solution because the math just doesn’t work. If you earn $200,000 a year and are trying to modify your $190,000 mortgage, it’s doubtful that your lender is going to see things your way.

Q: Our mortgage is underwater and we would like to move out of the immediate area. I need some good advice. I'm reluctant to just pick up the phone an call anyone because I don't want to become a victim of a scam. Do I call a law firm? A real estate agent? A loan modification company? Who? – Hal

A: Call a lawyer experienced in dealing with struggling homeowners. He or she will help you figure out a strategy that may involve a short sale or a loan modification. Each person’s situation is unique and each situation should be dealt with individually. Do some Internet research to find out about lawyers in your area and then choose two or three to interview. Ask questions such as: How many cases have you handled similar to mine? Do you have any special training or certifications related to real estate law? You should also take to the appointment appropriate paperwork about your financial situation and your house. Bring proof of income for all wage earners, two years of tax returns, a recent mortgage statement, your tax bill, your insurance bill and any other paperwork that you think is pertinent to your individual case. Think about your goals. Attorneys are, by training, goal-oriented people, so tell the attorney about your goals so he or she can craft a custom plan that works for you. Bring reasonable expectations and a willingness to listen.

The information and materials on this blog are provided for general informational purposes only and are not intended to be legal advice. No attorney-client relationship is formed, nor should any such relationship be implied. Nothing on this blog is intended to substitute for the advice of an attorney, especially an attorney licensed in your jurisdiction.

To follow Gary Singer on Twitter, click here.

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Ask a real estate pro: 4 keys to getting lower mortgage payments

You'll Never Walk Alone With the Newest Service From Midwest Real Estate Data LLC (MRED)

LISLE, IL--(Marketwire -02/23/12)- Midwest Real Estate Data LLC (MRED) has announced that Walk Score® is live and fully integrated with its connectMLS™ system. Walk Score® was successfully launched to nearly 40,000 MRED customers, who now have access to a tool experiencing mass adoption around the world.

Walk Score® is the only international measure of walkability. More than 10,000 websites use Walk Score® and it generates over four million scores each day. Walkability is very important to listing agents in promoting the location of properties for sale and to buyers' agents in finding the appropriate properties for their clients. A Walk Score® now appears on every active listing in MRED's MLS system.

Walk Score® can also calculate commute times to work, school, or the train station, i.e. anywhere. Four metrics are also generated: drive times and estimated annual fuel cost; public transit options and time frames; walk and bike time; and all of these with routes displayed on a map. With Walk Score® you get a map of the nearest amenities for every property, including schools, restaurants, grocery stores and more. Use the search function to find nearby places like "gyms" or "forest preserves".

With all of this new functionality, it is no surprise that Walk Score® is a big hit with MRED's brokers and agents.

"Walk Score® is a great tool for selling properties," said Chaz Walters of Coldwell Banker Residential in Chicago. "The more it is used, the more helpful it will become to real estate professionals and the consumer. It is great for Realtors® to have impressive third party sources that can convey objective information to buyers and sellers."

"I love this new addition to our listings," said Corinne Guest of Royal Advocate Realty in Barrington. "It's not surprising that Internet savvy buyers want as much information about a property as they can get, including how easy it will be to walk to the local stores, train station or nightlife. Now it's available at the click of a button, in an easy to understand number format."

"Thanks for the new Walk Score®," said Kurt Bloom of Results Realty in Antioch. "It's easy to understand, fun to use and practical for our clients. Plus, it makes us look good."

"I have been including Walk Score® in the marketing of my listings and directing my clients to the site for a while now," said Andrea Geller of Coldwell Banker Residential in Chicago. "Walk Score® is the best site for neighborhood information, especially in an urban area. The partnership between Walk Score® and MRED removes the necessity to go outside the listing to obtain the neighborhood information the consumer is expecting. This addition to MRED is another example of how our regional MLS is striving to provide the real estate professional and our customers one stop/click service."

"Walk Score® is a great enhancement to our MLS," said Jeffrey Kershner of Silver Crown Real Estate in Barrington. "It immediately gives clients the nearest amenities such as shopping, dining and other services with one click; but the best part is that clients can use the commute feature to budget the cost of their commutes allowing them to compare between different neighborhoods. It may be best that a client pays a little more for a house closer to work with lower commute costs and now we can show them this from an independent source. This will be one of the most valuable tools in the MLS."

"Part of our mission at MRED is to effectively and conveniently provide products and services to enhance our real estate professionals' ability to serve the consumer," said Russ Bergeron, CEO of MRED. "Walk Score® has fast become the standard for measuring walkability, and the opportunity to provide the Walk Score® and its other benefits within our MLS system was too good to pass up. We couldn't be more pleased at the reception Walk Score® has received from our brokers, agents and appraisers."

About MRED

Midwest Real Estate Data (MRED) is the real estate data aggregator and distributor providing the Chicagoland multiple listing service (MLS) to nearly 8,000 real estate offices and 40,000 real estate professionals, including brokers, agents and appraisers. MRED has expanded well into the "collar" counties surrounding Chicagoland, and its property information encompasses northern Illinois, southern Wisconsin and northwest Indiana.

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You'll Never Walk Alone With the Newest Service From Midwest Real Estate Data LLC (MRED)