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Shiloh, IL

About the Shiloh, Illinois Area 

Request our Free Scott Air Force Base, O'Fallon, Shiloh and Belleville Relocation Package. It's packed full of useful and important information about the O'Fallon, Shiloh and Belleville, Illinois area and all of the surrounding communities. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out... 

It's our job to know EVERYTHING about Scott Air Force Base, O'Fallon, Shiloh, Belleville, and all of the surrounding communities! Ask us any question. Or request a FREE information package. There's no obligation, and we promise to get back to you quickly... 

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Real Estate Tips
Titles >Ways to Hold Title

When two or more people purchase property together, there are three ways that the title can be held. Knowing the implications of each form of ownership will help you decide how to write your deed.

"Tenancy by the entireties" is reserved exclusively for married people. Both husband and wife own an undivided interest in the property. On the death of one party, the surviving spouse owns the entire property and no probate will be necessary. When unmarried persons buy a home together, they should seek legal advice regarding how title should be held. As "tenants in common" each party owns a percentage interest in the property. On the death of one party his or her interest does not go to the surviving owner but is distributed in accordance with the will of the deceased, whose estate must be probated. As "joint tenants" each party owns an undivided, equal interest that passes automatically to the surviving joint tenant. Probate is not necessary if the deed reads "joint tenants with rights of survivorship".

It is important to know that in most courts, if a deed is written without specification of how title is held, the property is titled as "tenants in common."

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Real Estate Trivia
Q 
What is the role of the U.S. Housing Authority?

A 
Created in 1937 by FDR, the U.S. Housing Authority provides construction loans to small communities and states.
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The Vicki Temple Team, REALTORŪ, real estate agent and broker for O'Fallon, Shiloh and Belleville, Illinois home listings, property and land for sale

The Vicki Temple Team
RE/MAX Preferred

4 Emerald Terrace
Swansea, IL 62226
Direct: 618-257-8581
Fax: 877-200-0521
Vicki@TheVickiTempleTeam.com

My team is YOUR TEAM, and together, we are here and ready to help you with all or your real estate needs. Whether you're buying or selling (now or later), we would love the opportunity to be on your team.

REALTOR GRI SFR CDPE MLS Equal Housing


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