Why would anyone want to use a Land Trust when buying real estate in Pensacola Florida or anywhere?

By
Real Estate Broker/Owner with Charles Stallions Real Estate Services
https://activerain.com/droplet/zxW

 

This is no way to be taken as legal advice as I am not an attorney, do not stay at hotels or inns and you should always get your legal advice from qualified lawyer.

Why would anyone want to use a Land Trust when buying real estate in Pensacola Florida or anywhere? I do quite a few divorce cases for local attorney’s that refer customers to me for a referral fee. One such case recently where the husband and wife fought for eight years trying to settle a life that had taken thirty three years to build, guess when the case was finally settled “when both parties could no longer pay their attorney’s”. Life savings for both parties GONE, what a waste.  But the real estate side could have been saved had one or the other probably had a Land Trust.

My experience has been where the property was subject to judgments of the individual and a Land Trust would allow such individual to buy and sell without the judgements being attached, works good for Lease options or rent to owns. In the case above if one of the parties had a land trust that party would not have been forced to sell in the divorce. Closing cost is much less and in some case can be avoided altogether.  No taxes returns to be filed per se since it would pass thru.

One of the best IMHO is it is easier to use owner financing technique as you sell the trust and the property is just included, not triggering the due on sale clause.

As you can see, Land Trusts can be used to protect your assets, avoid real estate tax increases, privatize your sales transactions, avoid probate and use for many other benefits. Now that you have the BASICS understanding of the ins and outs consult an Attorney or do your own research to see how a Land Trust may benefit you. Why would anyone want to use a Land Trust when buying real estate in Pensacola Florida or anywhere?

 

THOUSANDS OF HOMES.... One Address www.charlesstallions.com

 

Charles Stallions, CRS, CSP, CBR, CDPS, SREE, EREI - 800-309-3414

 

Charles is a Real Estate Investor of 25 years, a Real Estate Broker for 15 years while holding several degrees in management, an expert in the buying and selling of real estate. Whether you’re buying your first home, second home, vacation home, investing in rentals, a kiddie condo for college or your dream home, buying any home is an investment in the future and you owe it to yourself to have Charles’s expertise to buy right and make the right decisions for YOU. For over the phone evaluation and NO Obligation CALL NOW! you have OPTIONS, we have FACTS, let’s TALK

 

 

 

 

 

 

 

close

Re-Blogged 2 times:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Florida Escambia County Pensacola
Groups:
Investors
The Lounge at Active Rain
Florida Gulf Coast Realtors
Florida Real Estate Investors
All Things Pensacola
Tags:
flat fee
charles stallions real estate services
why would anyone want to use a land trust when buying real estate in pensacola florida

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,020,371
Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F

Land trust are becoming more and more common as people learn all the benefits of using them.  They are a great way to hold title to property so that your name is not individually on the title.

Apr 30, 2012 08:01 AM #1
Rainmaker
2,250,139
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Land trusts have been around for a long time and in certain situations the right option for holding title.

Thank you for sharing the post with all of us.

Apr 30, 2012 07:36 PM #2
Rainmaker
682,798
Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula
Realty Works Temecula - Temecula, CA
Realty Works Temecula

Hi Charles:  This is a good option for those situations as you describe above.  Sad that the couple spent so much money in court.

Apr 30, 2012 11:15 PM #3
Rainmaker
2,363,600
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.

Good morning Rob and thanks for commenting hope all is well and buyers are getting on board

Joe I am sure you have seen a few and I love them but yes they are not for everyone and that is what makes agents a good source

Hi Jane, they spent it all just to prove a point now they are broke

May 01, 2012 02:31 AM #4
Rainmaker
637,766
Don Sabinske
Don Sabinske, Sabinske & Associates Inc. - Zimmerman, MN
Sabinske & Associates Inc.

Great information for your area, Charles.  You should get some business from posts like this.

May 05, 2012 03:26 AM #5
Rainmaker
2,363,600
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.

THanks Don and I try to continue to learn and stay on top of stuff.

May 05, 2012 11:15 PM #6
Rainmaker
1,607,549
Charles Stallions Real Estate Services
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

EXPERIENCE the DIFFERENCE…

Call 800-309-3414 for Joyce Kelley CBR, CBA, Buyers Agent for Charles Stallions. I only work with buyers and tenants so you get my undivided attention.

Military Relocation to Pensacola NAS, For Rent 32514, Navy Times Rentals available

May 22, 2012 11:57 AM #7
Rainmaker
1,607,549
Charles Stallions Real Estate Services
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

 

Are you paying too much in Property Management Fees? Are you going broke with maintenance fees, low rents, lack of tenants etc? We charge a Flat Fee of $50. a month which includes monthly reconciliation statement, tenant screening, property inspections, we do low cost preventive maintenance saving owners thousands. We save owners 75% over other property managers. Bottom Line is WE make you MONEY. Call Michelle - 800-309-3414 - Charles Stallions Real Estate Services Inc.

Property Management for $50 Flat fee monthly

THOUSANDS OF HOMES.... One Address www.charlesstallions.com

Jun 12, 2012 12:18 PM #8
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
2,363,600

Charles Stallions

800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
Got a question? Just Ask Me
*
*
*
*
Spam prevention

Additional Information