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Reduced - Great Gunter Home

$82,000 need lender approval

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Address: 705 Doris	City/ST: Gunter, TX	Zip Code: 75058
Property Type: Single Family Home	New or Resale: Resale	Square Footage: 1249
Bedrooms: 3	Bathrooms: 2 full, 1 half	MLS# 11008598
Property Tax: 2286	Monthly Rent Estimate: $1,100

Gunter offers three exemplary campuses and an exemplary district. This is one of the best bargains in Gunter. Great investment or first home. Great for FHA.

Last Updated: 8/17/2009 11:13:58 AM

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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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Q	In what area of the United States did the price of existing homes increase most dramatically in 2005?
A	Phoenix, Arizona real estate recorded a 55.2 percent increase in home prices during 2005.
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Gary Martin, REALTOR�, real estate agent and broker for Plano, Frisco and Prosper, Texas home listings, property and land for sale

Gary Martin
Legacy Park Luxury
105 Forest Meadow
Gunter, TX 75058
214-293-3046
Fax: 903-433-1908
garymartin@BestImageAgent.com

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