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Thank you Deborah Thank you Deborah for all your help and for your friendship and the gift certificate for our new home. Thanks,Sonny, Vivian, Shea & Scott Custar Read Quote > View All Quotes >
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Determine Tax Savings - Calculate how much your monthly Wake Forest, Raleigh and Garner, North Carolina mortgage payments save you on your taxes because of loan interest.
Should You Rent or Buy? - Is it better to rent a home in North Carolina or buy your own Wake Forest, Raleigh and Garner house, ranch, luxury property, condominium, acreage, or other real estate?
Adjustable Rate Mortgages - Adjustable rate Wake Forest, Raleigh and Garner mortgages information and interest rate java calculator.
What Is Your APR? - Determine the Annual Percentage Rate (APR) for your mortgage.
Fixed or Adjustable Rate Mortgage? - Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM.
Are Balloon Mortgages For You? - Balloon mortgage calculator. A balloon mortgage can be an excellent option for many home buyers.
15 vs. 30 Yr Mortgages - With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms.
How Much Should Your Income Be? - What income is required to qualify for a mortgage? Use this calculator to find out.
What's Your Maximum Mortgage? - This calculator will help you determine your maximum monthly housing payment and the resulting mortgage amount.
Will Buying Points Save You Money? - This calculator helps you determine if you should pay for points, or use the money to increase your down payment.
TripleCalc - FREE Software Download: TripleCalc lets you compare three loans at one time for your property or other North Carolina real estate.
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NUMBER1EXPERTS - List of all the NUMBER1EXPERT real estate agents and realty professionals and brokers in the USA and Canada with links to their personal web sites with homes for sale.
Real Estate Tips - Deborah McCrae's realty library of real estate tips and advice on everything from preparing your home for sale to negotiating with home buyers to escrow, closing costs, property inspections, and mortgage brokers.
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Titles >Ways to Hold Title
When two or more people purchase property together, there are three ways that the title can be held. Knowing the implications of each form of ownership will help you decide how to write your deed.
"Tenancy by the entireties" is reserved exclusively for married people. Both husband and wife own an undivided interest in the property. On the death of one party, the surviving spouse owns the entire property and no probate will be necessary. When unmarried persons buy a home together, they should seek legal advice regarding how title should be held. As "tenants in common" each party owns a percentage interest in the property. On the death of one party his or her interest does not go to the surviving owner but is distributed in accordance with the will of the deceased, whose estate must be probated. As "joint tenants" each party owns an undivided, equal interest that passes automatically to the surviving joint tenant. Probate is not necessary if the deed reads "joint tenants with rights of survivorship".
It is important to know that in most courts, if a deed is written without specification of how title is held, the property is titled as "tenants in common."
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Deborah McCrae World Properties International- McCrae Realty 7625 Kensington Manor Lane Wake Forest, NC 27587 919-201-4361 Fax: 866-251-1948 deborahmccrae@NUMBER1EXPERT.com
Licensed in 1999, I, Deborah Georgetta McCrae have 10 years of successful residential and commercial real estate experience after having been a State of North Carolina employee for 19 years. I began working with Coldwell Banker Howard Perry & Walston always achieving Top Producer level, and in 2005 achieved the International President’s Elite Award, which was the second highest level one could earn.
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