Merritt Island Realtor talks trends

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Real Estate Agent with Serving Brevard Realty

Merritt Island Realtor Leigh Giannotti discussing real estate and new trends that she sees in the market.

Today the trend is not so likely that people get married, then buy a house. Things seem to be all out of order to me. Not that today's way is bad, just not what I grew up knowing what was the order of events. Young people single and are buying homes together.

You will need to understand what choices you have as far as the way the title to the home reads. If single you may want to take the title as joint tenants with right of survivorship. That means if one of you passes away then the property goes tto the surviving person and not their heirs.

Or, if you just take the title as single people, tenants in common, then it will revert to the deceased persons heirs and the surviving person will not automatically get the property.

Pretty serious stuff. If you need smart guidance all the way through the transaction, contact me. I will facilitate a smooth stress free experience with no last minute surprises.

 

Leigh Giannotti is the OWNER/Broker Associate of Exit Island & Beach Realty located at 950 N Courtenay Pkwy Ste 3, Merritt Island Florida 32953. Catalina Isles is the nearest neighborhood to our Real Estate office. Leigh has earned the prestigious Certified Distressed Property Expert (CDPE) designation. An appraisal of your homes value will cost about $400 or for a FREE current market assessment of your homes value please contact Leigh Giannotti.

 

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Rainmaker
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Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County

Very serious stuff. I doubt very many people have a clue as to the differences and just assume the surviving spouse gets the house!

Jun 16, 2011 01:55 AM #1
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Rainer
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