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Categories - Copywriting - Shopping - Free Online Business Help - Telecommunications Services Category: Real Estate There are not
many people who don't dream to own a home or already have one. Home
ownership gives you a sense of freedom and accomplishment for
all of your hard work. Your home is your empire and you get to set
the laws. However, it's no longer as easy as just making enough
money to buy one. You also have to find your way through the maze of
regulations, loan types, taxes, appraisals, closings, and
inspections. Once you do, you get a castle. Real Estate,
of course, includes more than just homes. Real Estate is defined as
land and fixtures permanently attached to it. When we think of Real
Estate, we have to think of office property, industrial property,
hospitals, malls, apartment buildings, theme parks, and just bare
land. Any buildings on the land are considered improvements to the
property and, normally, real estate includes the air above the land
as well as what is below the surface. The first
real estate ownership in the United States was by the Indian nations
who were assigned ownership as a result of their nativity.
There are many translations of an Indian phrase that goes something
like, "We don't own the land. We are part of it". While there were
many battles between Indian tribes protecting their hunting grounds,
Indians didn't normally think of themselves as owners. Spain was the
first foreign country to assign real estate ownership in the
United States in the form of land grants mostly to soldiers in the
Southern part of the country. The next were the British who, as
a result of Sir. Walter Raleigh's forays into the new world.
British ownership of real estate was assigned in the form of grants
to people who were loyal to the king. As the fledgling United States
claimed more and more territory and the population migrated
westward, land and claim companies were formed that registered real
estate claims or issued documents claiming ownership for the
occupants. In many cases, the companies assigning the
ownership had no authority or right to do so, but the assignments
were generally accepted. Having a
claim to real estate in the early days was a bit like claiming to be
king in the early history of Ireland. Once you had your real estate
claim, you had to fight to keep your property and it was often your
death wish. People still have to fight to keep their real estate
today as eminent domain laws are rewritten and re-interpreted. While
these battles rage, the federal government that is supposed to
protect your property rights, is sometimes the culprit and is
usually mute. Any purchase of real estate should also result in a set-aside or fund to pay for legal fees. Once you own your castle, you may have to fight to keep it. You will be mostly alone.
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