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Title trouble can arise when making an agreement regarding real estate, so it is always prudent to have the title deeds in order. In this case, an agreement is made for one spouse to pay the real estate taxes for the other spouse in exchange for the title and possession of the property in the event of the other spouse's death. In agreements similar to this, it is always important to have the titles under your name and to be well advised of the real estate law regarding titles and estate.

How can you determine who has the legal rights to a home after divorce? The first thing you should know is that when parents own a home, the children do not have an automatic ownership right to the home. When a father and mother buy a home, they get to decide when to sell the home, whether to obtain financing for the home and whether to rehab the home or tear it down. The children do not have a say in those financial matters. If you want to grant legal rights of the house to the children after the divorce, you still have to change the name on the title and the mortgage.

FBI SCAM REPORT: A new, dangerous phone scam targets unsuspecting victims' bank accounts by flooding their phone lines with hundreds of calls. While this goes on, the criminal targets the victim's bank accounts and steals all of their money. Find out how to protect yourself from scams such as these and keep your money safe.

Scam Alert - Gulf Coast Business Owners Beware BP Reimbursement Scams. Now that BP has started to pay claims, more than 40,000 Gulf Coast business owners and home owners have filed for reimbursement. Any time you're talking about hundreds of millions of dollars or more, its possible, even likely, that scam artists will try to claim their share. Today, the Better Business Bureau put out this Scam Alert to warn Gulf Coast business owners to beware of companies offering to facilitate BP reimbursements.

Offering a home buyer incentive can help sell your home faster. To sell your home faster you can offer incentives like cash back or offer to pay some of the closing costs. Some sellers have even offered cars or electronics as a home buyer incentive. Make sure you include any home buyer incentives in your broker contract and in the closing agreement. You don't want to lose more than you bargained for with a home buyer incentive.

Can you walk away from a mortgage? Is it ever OK to walk away from a mortgage? If your spouse or partner dies and leaves you with too large of a mortgage to pay for, you might be considering walking away from the mortgage. If you're thinking about walking away from a mortgage, make sure all the debt was in your spouse's name, and not yours. If you decide to let the lender take back the home, make sure all of the debts, like utilities, are not in your name. Walking away from a mortgage is a big step, but many people facing financial hardships are considering walking away from a mortgage.

You may have an excellent credit score, but you may still be unable to refinance your home loan. In some cases the value of your home may have decreased and now you may be unable to refinance your loan. But in unique cases, problems with residential appraisals may cause a homeowner difficulty in refinancing a loan.

REO vs. Foreclosure Properties
You might think that buying a foreclosure will always yield a better deal for the buyer, but think again. REO or real estate owned properties in some cases can be a better deal. You need to understand the foreclosure process and the risks before buying a foreclosure. Once you have found a bank owned property, there may be less risks but you still need to understand what you are getting.

Understanding the short sale process in buying a home can take some time. Working with short sale lenders in buying a home takes lots of time and getting a short sale approved by a lender seems to take forever. But if a short sale lender gets involved and decides that it wants to get more money from the sale sale, that's when the purchase can fall through and the buyer can decide to move on to another house.

If you are underwater on your mortgage and have to move from the home, what are your options? You can try to sell the home. You can rent the home. You can let the home go into foreclosure in a strategic default. You can continue to make the payments. If you can't sell or rent the home, should you just stop paying the mortgage? And if you have cosigners on the loan, how will your actions in not paying the lender affect them?