When Would I Use Direct Deeding?

When Would I Use Direct Deeding?

When you are exchanging property under a 1031 Tax Deferred Exchange, you may choose to "direct deed" your property to the buyer or have the seller direct deed his property to you. Direct deeding is achieved by deeding your property directly to the buyer rather than to an intermediary, which initially was the common practice in 1031 tax deferred exchanges. The seller of the property which you are buying then deeds his property directly to you, skipping the deed to an intermediary.

The Bona Fide Purchaser

The Bona Fide Purchaser

You get a deed from a seller in foreclosure. Before you can record the deed, the seller gives a second deed to your competitor. The competitor records his deed at the country first. Who wins? This is an interesting issue that most investors don't seem to grasp. First, understand there are two issues here: one is ownership, the other is notice. The recording of a deed is NOT necessary to transfer ownership of real estate. The simple act of executing a deed and delivering it to the buyer passes ownership.

Real Estate Investor Training—Short Sales

Real Estate Investor Training—Short Sales

Because of current economic conditions in the housing market there is a great deal of investor interest in the technique of purchasing investment property with Short Sales. So--what is a Short Sale? A Real Estate Short Sale happens when a seller’s bank allows a property to be sold for, and accepts a payment of, less than the amount owed to that bank.

Why CRE Lenders Don’t Care About Your Credit

Why CRE Lenders Don’t Care About Your Credit
by Karen Hanover

In commercial real estate (CRE) the property qualifies for the loan and not the investor(s). The lender is primarily concerned with whether the property can produce enough income to allow the borrower to make the mortgage payment.

If an investor buys a single family residence to live in, the property will generate no income. Therefore the lender qualifies the borrower with regard to the ability to make the payments.

Just Launched: Dean's Friends and Family Program

If you have any of Dean's books, you already know that it is possible to create a bigger future for yourself. You also know some of the step-by-step strategies that create cash and profits for you, in this or any market.

But what about your friends and family?

Are you alone in your pursuit of financial freedom through real estate?

Would you love some of your friends to be on board with you and not only understand what you're striving to do, but be a part of it themselves?

dgmod's Profile

Name: 
Megan Patten
Location: 
Scottsdale, AZ
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