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	<title>Smart mortgage advisors</title>
	<link>http://www.smartmortgageadvisors.com</link>
	<description></description>
	<lastBuildDate>Fri, 17 Jul 2009 19:17:23 +0000</lastBuildDate>
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		<title>A Bright Spot in the Dismal Housing Market</title>
		<description><![CDATA[The housing market has taken a biog hit over the past 6 months, with the prices of houses tumbling and overall inventories of unoccupied homes increasing in many major markets including Florida, New Jersey, and Arizona. As mortgages start to adjust from adjustable rate mortgages, the payments are sometimes too high for owners and the [...]]]></description>
		<link>http://www.smartmortgageadvisors.com/a-bright-spot-in-the-dismal-housing-market/</link>
			</item>
	<item>
		<title>Oklahoma Estate Tax</title>
		<description><![CDATA[The estate of any person who dies while a resident of Oklahoma, or a nonresident owning real property in Oklahoma, is subject to Oklahoma Estate Tax Laws. The fair market value of all assets at date of death or the alternative valuation date must be included in the gross estate.
All real or personal property, whether [...]]]></description>
		<link>http://www.smartmortgageadvisors.com/oklahoma-estate-tax/</link>
			</item>
	<item>
		<title>Federal Gift Taxes</title>
		<description><![CDATA[For gifts made in 2007 and thereafter the annual exclusion has been increased to $12,000 per recipient. Since 1997, the excludable amount has been indexed for inflation, but will only move in $1,000 increments. With gift-splitting, spouses may transfer $24,000 per recipient per year without gift tax even if one spouse owns all of the [...]]]></description>
		<link>http://www.smartmortgageadvisors.com/federal-gift-taxes/</link>
			</item>
	<item>
		<title>Metes and Bounds</title>
		<description><![CDATA[Do you remember those old Pirate movies and cartoons, where they locate buried treasure by measuring off paces. They were basically using the metes and bounds system.
Metes is an Old English word for distance and bounds refers to direction. This surveying system identified the property&#8217;s boundaries by walking the reader along its path.
Just as in [...]]]></description>
		<link>http://www.smartmortgageadvisors.com/metes-and-bounds/</link>
			</item>
	<item>
		<title>Non-disclosure</title>
		<description><![CDATA[Federal and state laws now require sellers of residential properties to provide a disclosure of all know defects afflicting the property. In addition, if the home was built before 1978, the seller must also provide a disclosure about any know lead-based paint hazards. The seller of residential properties is legally obligated to disclose all known [...]]]></description>
		<link>http://www.smartmortgageadvisors.com/non-disclosure/</link>
			</item>
	<item>
		<title>Real Estate Fraud</title>
		<description><![CDATA[Caveat emptor, let the buyer beware. Because of the large amounts involved with real estate, however, courts and the government have offered buyers some measure of relief. In fact, the trend in the courts has been away from the &#8220;caveat emptor&#8221; approach. Property buyers have two lawsuit options if and when they feel they have [...]]]></description>
		<link>http://www.smartmortgageadvisors.com/real-estate-fraud/</link>
			</item>
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		<title>Title insurance coverage</title>
		<description><![CDATA[Many sellers and buyers hold the mistaken belief that a defective title can be made marketable with title insurance. The fact that a title company is willing to insure the seller&#8217;s title does not make it marketable. The title insurance does give liability protection to the property owner against many damages that may arise because [...]]]></description>
		<link>http://www.smartmortgageadvisors.com/title-insurance-coverage/</link>
			</item>
	<item>
		<title>Encroachments</title>
		<description><![CDATA[Encroachments are serious title defects, although they are usually not recorded on the title. Surveys are normally required to uncover or disclose encroachments. Unfortunately, most buyers typically do not receive a copy of the survey until the day of closing.
Buyers and their attorneys must review the real estate contract carefully, to ensure that they won&#8217;t [...]]]></description>
		<link>http://www.smartmortgageadvisors.com/encroachments/</link>
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