Sandra Tessier - RE/MAX Property Spec. Grp. Inc.


Many laws govern land ownership, and it is vital to know about the processes and rights of landowners so that you can avoid the risk of partaking in an illegal sale or getting involved in a scam. Before you can transfer the rights to a property, it is critical to know some facts about land titles.

What is a ‘Land Title’?

A land title is a formal document that shows what rights a person or group of people have over a piece of property. A land title is generally used to prove ownership of the property. It can also help a potential buyer to know what exactly is going on with their land such as the usage rights, natural resource rights, easements, existing liens and other rights that may not be obvious at a glance. If a property title does not bear the name of the seller, there is a chance that it may belong to another party.

Most local courthouses keep property records of a county and record all forms of land transfers that happen in that region. Whenever there is a dispute over a piece of land, a land title will provide clarity regarding ownership and other usage rights.

When considering land titles, here are some essential facts to know:

A Title is Not the Same as a Deed

A deed is a document that is used to transfer a land title from one person to another. The deed states all the terms of the land transfer and all the people involved. The local country office must have a notarized copy of a deed agreement before the title can reflect the changes in ownership. 

A Title Proves Ownership

During a legal argument, the key document that the court refers to when determining the real ownership of a property is the land title. The absence of a title means that the court will not acknowledge any contract or deed related to the property.

Property Owners Should Secure Their Land Titles

If you lose your original land title, it will cause a lot of complications for you in the future. It is best to store land titles and other property ownership documents in a safe place like a bank safety deposit box or fireproof home safe. Having quick access to your land title will help to make land negotiations easier.

Title Searches Help to Reveal Potential Problems

During a title search, the investigator will peruse many years of documentation to make sure that everything is right with the property. A title search can protect a potential buyer from paying the wrong party for a property, buying a property with unresolved tax payments or liens that can invalidate land ownership transactions.

If you’re looking to purchase land in your area, talk to your real estate agent about the best property for your needs.


This Condo in Merrimack, NH recently sold for $164,000. This End Unit style home was sold by Sandra Tessier - RE/MAX Property Specialists Group Inc..


2-8 Scituate Place, Merrimack, NH 03054

Condo

$174,000
Price
$164,000
Sale Price

2
Bedrooms
5
Rooms
2
Baths
Society Hill is pet friendly !! This Society Hill unit is a 1st floor end unit with its own storage closet. It faces east! The unit has new carpeting through out. It features 2 bedrooms, 2 baths, a formal dining area, a living room with sliders to private exterior patio. The complex has an in-ground pool, tennis courts, and a clubhouse. It is heated with natural gas fired heat, has a gas-fired hot water heater, and has central air-conditioning. The unit is very easy in and out to and from parking!




This Condo in Manchester, NH recently sold for $124,000. This Garden style home was sold by Sandra Tessier - RE/MAX Property Specialists Group Inc..


1799 Bodwell Road, Manchester, NH 03109

Condo

$118,500
Price
$124,000
Sale Price

2
Bedrooms
4
Rooms
1
Baths
This third-floor 2-bedroom condominium unit is in move-in condition. It features newer flooring, newer stainless steel kitchen appliances. The natural-gas fired hot water heating system and gas fired hot water heater are less than 2 years old. The living room has sliders to an exterior balcony. The bedrooms carpeting is 1+ year old. Only cat pet are allowed in this complex.




This Single-Family in Merrimack, NH recently sold for $375,000. This Colonial style home was sold by Sandra Tessier - RE/MAX Property Specialists Group Inc..


7 Ellie Drive, Merrimack, NH 03054

Single-Family

$372,500
Price
$375,000
Sale Price

4
Bedrooms
10
Rooms
2/1
Full/Half Baths
This home is a 4 bedroom Colonial which is close to major employment centers, commuter routes, shopping and schools!! It features a master-bedroom with bath and walk-in closet. The family room has a gas fireplace. There is hardwood flooring in the family room, kitchen, living room and dining room. The finished lower level has a game room and office. This property has the convenience of public water and sewer and natural gas heat, hot water and central air. The Sellers cannot close before June 28, 2019.




Every homeowner knows how difficult it is to maintain a household. There are so many things that could go wrong in one’s life that committing to significant home payments may cause trouble.

Those who have been in debt knows that the reality of real estate is that it goes up. The value of your house would increase with the limited inventory and the high demand for homes. 

Refinancing is always a viable option for every homeowner. With that, if you are asking if refinancing is a good step for you, the following should provide an answer:

First, refinancing is not a one size fits all kind of solution. It has different types which would determine if it is the right step for you.

There is a cash-out refinance which allows the homeowner to take advantage of the increase in price and replace the existing mortgage with a new one. Every person should know, however, that taking out cash-out refinancing is not good for those who cannot handle their payments in the first place. It renews your loan and extends it for a period, but it is not always a solution for those who lack self-control.

There is also a rate refinance where you would renegotiate the interest rates that you are paying. This one is a good step for those who are willing to pay off some of the debt through the equity and place it directly on loan.

Second, refinancing is not free. A common mistake that people think is that their refinancing option is open, so they get shocked when they have to pay about a thousand dollars for it. If you are in a position where you can afford a thousand dollar lost for tens of gain, it should be a good step for you.

Third, refinancing extends the term of your loan. You may feel like you get out of debt with refinancing but what you are only doing is reaching the end of your credit, and you are still in debt.

Now that you know some facts about refinancing, you can make a better decision if it is right for you and your mortgage. A financial adviser could advise you, but it is you who ultimately makes the decision.

Keep in mind that in case you need to ask more questions, you should ask a real estate professional and seek help from the experts.




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