Brenda in Laramie

Taking Title in Wyoming as Joint Tenants with Rights of Survivorship"The Language of Real Estate" by John W. Reilly (2006, by Dearborn Financial Publishing, Inc) was used as the main source for this article.  This book devotes three pages alone to explaining this concept.  It is not simple.  I pr...

Taking Title in Wyoming as Husband and WifeNaturally, the main requirement for taking title as Husband and Wife in Wyoming is that you be married. For what constitutes legal marriage in Wyoming go to:  http://legisweb.state.wy.us/statutes/statutes.aspx?file=titles/Title20/T20CH1.htm  Suffice it t...

Taking title in Wyoming as a - Sole OwnerThe words "sole owner" make it pretty obvious what this means.  Sole ownership occurs when ownership of a property is vested in one person, or entity (like a city or county), alone.  This means that they alone are responsible for any debt or obligations on...

In Wyoming, you have the choice of taking title of real property in 8 different ways: Sole Owner                                        Husband and Wife Joint Tenants with Rights of Survivorship Tenants In Common Partnership LLC Corporation Trust Often, deciding on which way to take title is stra...

When it comes to cattle, Wyoming is a  FENCE OUT State.  That means if you live in rural Wyoming and you do not want cattle to roam freely on your land, then it is your job to fence them out!  Isn't that a funny concept?!Sheep, goats, swine and elk(?!), on the other hand, are required to be fenc...

A trust account, also called an earnest money or escrow account, is an account established by someone who is being "trusted" to hold your money for a temporary amount of time.  In real estate, trust accounts are generally for earnest money, rental security deposits and any other situation in whic...

Earnest Money is an advance deposit a buyer submits with their offer to purchase a property.  It says " Pick me! I am earnest, I am acting in good faith to make a legitimate offer on your property."   While 1% of the purchase price is often the suggested amount of earnest money to include with an...

Yikes!  You've signed an agreement to have a  REALTOR  help you market your home.  You cleaned up and  made everything, neat,clean and sparkly.  Finally, your home is out there . . . or so you thought.  When you looked for your house online, you found no pictures, or just one picture, or worse ye...

Yay, the day is almost here!  You've jumped through the hoops, waited anxiously on the edge of your seat for appraisal, approvals, underwriting and more.  You've even had your financial history autopsied all the way back to your first lost tooth.  So, enough already . . .When can you move in?!  ...

  Seriously, I understand there is a lot of paperwork that goes with making an offer and buying a house.  What, with the disclosures, agency agreements, property condition statements and finally the actual offer -  you'd think you were making a major life decision. Well, ... you are!  I can't be ...