Alferes Realty, Inc - Alferes Realty, Inc



Posted by Alferes Realty, Inc on 7/25/2017


117 Robeson Street, New Bedford, MA 02740

Single-Family

$230,000
Price

6
Rooms
3
Beds
2/1
Full/Half Baths
Large colonial with 4 car garages, fenced yard, 2.5 baths with whirlpool tub, 3 bedrooms, formal dining room, large living room, den area, sun porch, kitchen with island, wall oven, large Trek deck with above ground pool. Added bonus central vacuum. $230,000 (R189)
Open House
No scheduled Open Houses

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Categories: Price Change  


Posted by Alferes Realty, Inc on 7/25/2017

A property deed is used to transfer the title of the property of a grantor (the seller) to a grantee (the buyer). For the deed to be active, certain conditions must be set in place. The property must have a complete and accurate description. The buyer and seller must also be clearly identified. This formulation is due to the fact that a deed is a signed legal document.


The deed has a few important requirements for it to be valid and legal. First, the deed must be in writing. Next, the grantor must have some sort of a legal capacity (represented by a lawyer) and the grantee must have the competent ability to receive the property grant. Finally, the deed must actually be accepted by the grantee. 


Although this process sounds complicated, it’s usually prepared ahead of time and done at the closing of a property transaction. Different states have different rules and procedures that allow for the transfer of ownership of property, so be sure to check on the specifics in your area.


Different Types Of Deeds


There are many different kinds of deeds. Deeds can be official or private. The type of deed that we are specifying here is known as “official” since the transaction is executed in agreement with legal proceedings. This is just one reason why every home buyer, no matter where you live, is important. Deeds are typically characterized by the type of warranty that they carry.


General Warranty Deeds 


These deeds actually offer the grantee the largest amount of protection. The grantor of this deed makes a series of promises that protect the grantee from prior claims and demands to the land. This document would state that the property is free of liens, unless specifically stated on the deed itself. This also protects the grantee (the buyer) from a defective title. This is the most desirable type of deed. 


Special Warranty Deeds


A special warranty deed defends the title of the home. The grantor certifies that they have received the title to the property and that nothing has happened while the title has been in their possession that would create a major defect on the property. This means that only defects that occurred on the property while the grantor owned it are valid. This provides less protection than a general warranty deed does. Many buyers will insist that they have a general warranty deed instead in order to feel protected in the property transaction.


Other Types Of Deeds To Be Aware Of


  • Quitclaim deed
  • Special purpose deeds
  • Executor’s deed
  • Administrator's deed
  • Sheriff’s deed
  • Tax deed
  • Deed of gift

 

As a homeowner, much of the legal jargon that’s involved in the transfer of title isn’t something that you need to study up on. The important thing to know is that the deed is the means of the transfer of title. The deed must also meet certain conditions for it to be legally binding. The type of deed that you have determines the type of protection that the deed provides. A qualified real estate attorney should be consulted regarding all legal matters in the home buying and selling process.




Categories: Uncategorized  


Posted by Alferes Realty, Inc on 7/24/2017

This Single-Family in New Bedford, MA recently sold for $124,900. This Cottage style home was sold by - Alferes Realty, Inc.


4148 Acushnet Ave, New Bedford, MA 02745

Single-Family

$124,900
Price
$124,900
Sale Price

7
Rooms
2
Beds
1/1
Full/Half Baths
GREAT LOCATION! Property is boarded and will not pass all types of financing. First floor is partially studded. Interior and Exterior of the property requires work. Property is being listed and SOLD in AS-IS condition with all faults.

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Categories: Sold Homes  


Posted by Alferes Realty, Inc on 7/24/2017


5 Wood Street, Fairhaven, MA 02719

Single-Family

$259,900
Price

6
Rooms
3
Beds
1/1
Full/Half Baths
Nice 3 bedroom colonial with w/open concept, high ceilings, roof-5 yrs old, replacement windows 8-10 yrs, water heater 1 year, central vac, alarm system. Subject to seller finding suitable housing, down sizing. $259,900 R214
Open House
No scheduled Open Houses

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Categories: New Homes  


Posted by Alferes Realty, Inc on 7/22/2017

This Single-Family in Rochester, MA recently sold for $400,000. This Cape style home was sold by - Alferes Realty, Inc.


65 Sarah Sherman Road, Rochester, MA 02770

Single-Family

$399,700
Price
$400,000
Sale Price

6
Rooms
3
Beds
2/1
Full/Half Baths
One of a Kind Custom Built Log Cape located on private 2.26 Acre lot! Featuring 3 Bedrooms/ 2.5 Baths and Heated oversized attached Garage with Family Room above. Call today for your private Showing.

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Categories: Sold Homes  




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