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Welcome to Montana Real Estate Lawyers.com
Did You Know?
A Reverse mortgage is also known as HECM
Section 255: Home Equity Conversion Mortgages (Reverse Mortgages, a.k.a. HECM) allows a borrower aged 62 and older to borrow against the equity in a property that has limited outstanding debt. A subject property under this program must be an existing one-to four-unit dwelling in which the mortgagor occupies one of the units. It may be a condo if in a FHA approved project. Manufactured homes are eligible if the home complies with outstanding FHA guidance.
Real Estate is defined as the land and anything growing on, attached
to, or erected on a designated plot of land. This excludes anything
that may be severed without injury to the land. Real estate property
can be categorized as either corporeal (soil and buildings) or incorporeal
(easements) accommodations. If you are located in another part of the United States contact one of our real estate lawyers nationwide. Real estate lawyers facilitate the transactions
between owners of specific plots of land.
The value of farm real estate at the national level ncreased by 22 percent from 1994 to 1998,All regions showed percent increases of more than 16 percent except for the Northeast, which had the least gain at 6 percent.
1994
1995
1996
1997
1998
254
277
289
291
294
Source: usda
In order to pass the title of a property, a deed with a proper
description of the land must be executed and delivered. This is
where you need a Montana Real Estate Lawyer. The federal and
state government govern real estate transactions by having passed
statutes and common laws to regulate how titles pass from owner
to owner. A real estate lawyer can help you with the day-to-day
specifics of ownership transaction and other aspects and concerns
of real estate.
There are many different areas and aspects of real estate that
Montana Real Estate Lawyers handle, including:
The Marketplace Report: Housing Market
Audio, RM, 44 Kbps, 3:06, 3/2/2005
Despite predictions of a slowdown in the real estate market, U.S. housing prices continue to skyrocket. John Dimsdale of Marketplace says part of the reason may be that Americans are buying second homes in record numbers. Source: National Public Radio
Montana External Sites
Montana DLI - Board of Real Estate Appraisers
The Montana State Electrical Board: Issue and compliance of Electrician’s License. To protect the health and safety of the people of Montana from ... Montana DLI - Board of Real Estate Appraisers
The Montana Board of Real Estate Appraisers oversees the licensed/certified real estate appraiser who perform appraisals on Federally related transac
Newsroom
News about real estate cases in Montana and nationwide:
Definition:
Part of the appraisal of a property from which only a portion of that property is acquired for the planned project. This type of acquisition is often referred to as a "partial acquisition."
Certificate of title
Definition:
A document provided by a qualified source (such as a title company) that shows the property legally belongs to the current owner; before the title is transferred at closing, it should be clear and free of all liens or other claims.
Mortgage insurance
Definition:
A policy that protects lenders against some or most of the losses that can occur when a borrower defaults on a mortgage loan; mortgage insurance is required primarily for borrowers with a down payment of less than 20% of the home's purchase price.
If you live in the following cities and need an real estate attorney you should contact
our Real Estate Attorney as soon as possible:
Belgrade
Billings
Bozeman
Butte
Columbia Falls
Great Falls
Hamilton
Havre
Helena
Kalispell
Laurel
Libby
Livingston
Miles City
Missoula
Polson
Whitefish
Legal Disclaimers All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Montana Real Estate Lawyers.com is not intended to be real estate advice, but merely conveys
general information related to real estate issues commonly encountered.
Did You Know?
United States Department of Agricultural
Montana DLI - Board of Real Estate Appraisers