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Did You Know?
A Rehabilitation mortgage is a mortgage that covers the costs of repairing or improving
Rehabilitation mortgage is a mortgage that covers the costs of rehabilitating (repairing or Improving) a property; some rehabilitation mortgages - like the FHA's 203(k) - allow a borrower to roll the costs of rehabilitation and home purchase into one mortgage loan.
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:
Hud Housing Program
The Uniform Act, passed by Congress in 1970, is a federal law that establishes minimum standards for federally funded programs and projects that re... Read more >
Farm Real Estate Values Continue Upward
WASHINGTON, Aug. 2, 2002 - U.S. farm real estate values, including land in buildings, averaged $1,210 per acre as of January 1, 2002, up 5.2 percen... Read more >
Definition:
A limit, such as that placed on an adjustable rate mortgage, on how much a monthly payment or interest rate can increase or decrease.
Closing
Definition:
Also known as settlement, this is the time at which the property is formally sold and transferred from the seller to the buyer; it is at this time that the borrower takes on the loan obligation, pays all closing costs, and receives title from the seller.
Ginnie Mae
Definition:
Government National Mortgage Association (GNMA); a government-owned corporation overseen by the U.S. Department of Housing and Urban Development, Ginnie Mae pools FHA-insured and VA-guaranteed loans to back securities for private investment
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 Real Estate Attorneys Montana.com is not intended to be real estate advice, but merely conveys
general information related to real estate issues commonly encountered.
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Did You Know?
United States Department of Agricultural
Montana DLI - Board of Real Estate Appraisers