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All agents are NOT alike! Find out why we are top real estate experts. Call us: 206-954-7292.
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Free Presentation On How We Will Market Your Home. Before signing a contract with any Realtor, make sure you know EXACTLY how your home will be marketed. Find Out More > View All Offers >
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Bev & Ian Parsons are two of
The Web's Top Selling Real Estate Experts Find Out More > |
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Welcome! This is Your Source for Seattle/Eastside Real Estate Information
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Mt.
Rainier |
Welcome to our Seattle/Eastside Real Estate Website. Whether you are looking to buy a house or condominium, looking to sell, or just looking; we hope that you will enjoy our site and find it useful. We have placed a lot of local information on the Seattle/Eastside Real Estate market within this website. But if you have more questions than the site has answers, feel free to email or call us with your questions and we will happily get answers back to you. Are you looking for a website to answer all your real estate questions? There is no such place. Real Estate is very complicated, and nothing matches the experience of a licensed Realtor. We are top Realtors in the Seattle/Eastside area. Our best strengths are market knowledge and service. You can contact us with the confidence that your privacy will be respected. The buying and selling of Real Estate, to most, is a very personal experience. And can be the largest financial transaction you have been involved with. Our goal is to make it an easy and enjoyable experience. Most of our business comes from the referral from our past customers and other agents, which we consider the greatest complement. We have put this website together as a free and complementary service to all. Of course we do have ulterior motives, we would like the opportunity to be your Realtors. If you are looking for a Realtor, please contact us to see how we can assist you. If you are already working with a Realtor, feel free to still use our site. We gladly cooperate with all other Realtors. Feel free to call us! We want to help. Bev 206-972-0649; Ian 206-954-7292. -- Bev and Ian Parsons  |
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The way that you hold title to your property has legal, tax, and estate-planning consequences. Many buyers do not receive adequate professional advice on this important aspect of property ownership.
If you are purchasing property by yourself, you will be acquiring title by sole (or "separate") ownership, single ownership, or severalty ownership. The term "severalty" does not denote more than one person - it is a legal term meaning that sole ownership is severed from all other forms of ownership.
If you are purchasing property with others, the most common forms of co-ownership are tenancy in common, joint tenancy, and community property. Tenants in common can be created when two or more related or unrelated people hold title to a property either equally or unequally. Each individual has the right to do whatever he wishes with his interest in the property. For example, he can sell his interest, give it away, or will it to someone else.
Before you take title, you should seek advice from your tax advisor and an attorney, particularly if you are buying the property with another person.
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| Q |
What is considered one of the few remaining tax shelters in the 1990s?
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| A |
Homeownership--property taxes on a residence or vacation home are deductible up to $1 million. |
See More Real Estate Trivia > |
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