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We would wholeheartedly recommend Mike Smith
One of the best decisions we have made during the past year was the decision to list our house for sale with Mike Smith
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We would wholeheartedly recommend Mike Smith
One of the best decisions we have made during the past year was the decision to list our house for sale with Mike Smith

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Real Estate Tips
Titles >Yours In Deed

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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Real Estate Trivia
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What five basic components of a "smart home" can be controlled by technology?

A 
Lighting and window treatments, security and access control, data communication, environmental/energy management, and audio/video entertainment can all be operated by a "smart home".
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Mike Smith, REALTOR®, real estate agent and broker for Eugene, Springfield and Lane County, Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

Mike Smith
RE/MAX Integrity

4710 Village Plaza Loop
Eugene, OR. 97401
Phone: 541-284-8047
Fax: 541-302-4899
Cell: 541-954-4946
Home: 541-726-8000
Email: mikesmithbroker@NUMBER1EXPERT.com

Mike Smith is one of the top Agent's in the Eugene/Springfield area. With over 20 years of Real Estate experience, he has a proven track record that few agents can match! Experienced affiliates work with Mike to provide SUPERIOR SERVICE. They free Mike to spend more time with YOU! State of the art computers and other technologies allow Mike to provide fast, efficient, knowledgable, service to his clients! Mike's credentials include. CCIM Canidate, Vast knowledge of 1031 Tax Deferred and Reverse Exchanges, Specializing in Residential, Multi Family Investments, Development Land, and Farms/Ranches Serving Lane and South Linn Counties

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