Ways to Hold Title to Las Vegas Real Property

Las Vegas Real Estate Ways To Hold Title

Title is the legal documentation that bestows ownership of Las Vegas real estate or anywhere else in the country. This is to be indicated in Part II of the 1003 Uniform Residential Loan Application as “manner in which title will be held.”

The decision of how the title will be held should be considered first since it has a great impact on future tax planning, the financial future of the borrower(s) and their respective heirs, and the choice of the Las Vegas real estate lender.

It is most important for the Las Vegas mortgage consultant to work hand-in-hand with the Las Vegas home borrower’s financial planner or tax consultant to assist their mutual client in order to make decisions that work best for their financial situation.

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