This article addresses issues that many first time home buyers do not consider,
that being the remaining life of the existing systems currently in the home and
the cost of future replacement.
Over 80% of all home searches begin on the internet. Your Long Beach homes need
to be online, and findable, when buyers begin their search.
Have the
Long Beach Realtors you interview show you their ability to market your Long Beach homes and condos on the internet. Step back; pick keywords that should bring
that item to the front page of Google; keywords like Long Beach Real
Estate, Long Beach Condos and Long Beach Homes. Google accounts for over 80% of all real estate searches.
Are any of the sites that your Long Beach Realtor owns coming up at the top of the engines? No? Keep shopping. Better
yet, call the local Realtors on the front page of Google, they already know
how to get there and you can cut right through the unlikely candidates.
Over 25% of all Home Buyers FIRST saw the home they purchased on the internet. If your Long Beach homes and condos are not heavily marketed on the internet, you are missing thousands of potential buyers.
We have incredible internet marketing ability and are on the top of the Google search engine.
If
you are thinking about selling your Long Beach home or condo, contact Laurie for
a free evaluation. Laurie is an Internet savvy Long Beach Realtor. (562) 212-5420
One of the pitfalls in relationships is that many eventually end. When real and personal property are involved it can be difficult to muddle through it all. There are ways to protect both your personal and real property - before this happens¦
How does Separate Property affect Long Beach Home Ownership?
Why do people combine households without understanding what is involved in the dismantling of these relationships? Whether you are getting married, combining households or registering as domestic partners, the issues involved with home ownership and personal property are quite serious. When these relationships do not work out it is critical to have your paperwork in order.
This is easier to say than to do, I understand. It is a difficult subject to tackle with somebody you are in love with and are thinking about spending the rest of your life with. How many relationships actually last forever? It is reported that the divorce rate in America hovers in the 50% range.
The divorce rate in America for first marriage, vs. second or third marriage 50% percent of first marriages, 67% of second and 74% of third marriages end in divorce, according to Jennifer Baker of the Forest Institute of Professional Psychology in Springfield, Missouri.'
According to enrichment journal on the divorce rate in America:
The divorce rate in America for first marriage is 41%
The divorce rate in America for second marriage is 60%
The divorce rate in America for third marriage is 73%
LaborLawTalk.com states the average divorce rate for the state of California is 75.54%, based on Court Statistics Reports for 1996-2004. These are staggering numbers and should not be ignored.
What is Separate Property?
Nolo defines separate property: In community property states, property owned and controlled entirely by one spouse in a marriage. At divorce, separate property is not divided under the states property division laws, but is kept by the spouse who owns it. Separate property includes all property that a spouse obtained before marriage, through inheritance or as a gift. It also includes any property that is traceable to separate property " for example, cash from the sale of a vintage car owned by one spouse before marriage-and any property that the spouses agree is separate property. Compare community property and equitable distribution.
Property owned prior to and brought into a marriage is considered separate property. In order for it to remain 'separate property'it must never be commingled with marital or community property. Once separate property is commingled with marital or community property it becomes community property and cannot be undone.
Some states, such as California, have a separate property rule that says that all property brought into a marriage, including gifts and inheritance, which is kept separate and apart from community property remains the separate property of the spouse that owns it.
If one spouse enters a marriage with a checking account with a large balance, say $100,000 and both parties deposit to this account and pay bills from it, the protection of separate property is removed and the original $100,000 has become community property. In this case if the marriage were to come to an end the $100,000 would be divided between the parties. Had the account been kept separate from the marriage, the original owner should leave the marriage with the $100,000 intact as separate property.
If one spouse enters the marriage already in possession of the home they must have a separate checking account for the management of the separate property. They must be careful not to deposit related funds to or from a community property account. If this is done, the home will most likely be deemed to be community property in the event of a divorce.
Anybody concerned with separate property issues should seek the advice of an attorney or a financial professional prior to entering into a relationship. They should then follow their advice.