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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 423-355-0311.

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FINDING FIRST HOME
"Thank you so much for helping us find our first home."
Jimmy and Michelle
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BUILDING A HOME

"Dear Paula,
My husband and I prayed that God would place special people in our lives to ease our transition to Hixson and love us up! You have been an answer to our prayers Mrs. Paula! We are blessed to call you our friend. Thank you for the special interest that you and your husband have shown in us. Your generosity has been overwhelming and unexpected! I know the wonderful ways you are blessing others have stored up the greatest treasures for you in heaven. We will never be able to repay your love and kindness but our prayer is that our friendship will far outlast the building of this home! Love You!"
 

Lacey and Cesar

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School Reports in Chattanooga, Ooltewah, Soddy Daisy and Hixson, Tennessee
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Real Estate Tips
Titles >Joint Tenancy

When two or more individuals own property together, each one owning an equal interest and having equal rights in the property including the rights of survivorship, it is referred to as joint tenancy. Any of the joint tenants may transfer his or her interest in the property to another party, but this dissolves the joint tenancy and creates a tenants-in-common interest with respect to the other parties whose names are on the title.

The most important feature of joint tenancy is the right of survivorship. A joint tenant cannot will his or her interest in the property to others. The surviving joint tenant (or tenants) simply becomes the owner or owners of the property without going through the probate process, which can involve expensive legal fees and may take months to resolve.

It is important to get professional advice when you plan to buy and hold title to real estate with another person.

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Real Estate Trivia
Q 
What makes the structure of the Hoover Dam unusual?

A 
The Hoover Dam was built to last 2,000 years, and is constructed of concrete that will not be fully cured for another 500 years.
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Paula McDaniel, REALTOR®, real estate agent and broker for Chattanooga, Ooltewah, Soddy Daisy and Hixson, Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)

Paula McDaniel
Prudential Realty Center

7522 East Brainerd Road
Chattanooga, TN 37421
423-355-0311
Fax: 423-598-7277
PaulaMcDaniel@NUMBER1EXPERT.com


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