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It's that time of year again when your local Girl Scouts are selling those delicious boxes of delectable goodness. If Thin Mints weren't already yummy enough, here's a recipe for how to make them even better!
Just like the title to your car, "Title" to a piece of property is a bundle of rights, including use of the land, water, and minerals on a piece of land. Those rights can be split up between different parties. For instance, you can own the rights to the ground on a piece of property, while I can hold the rights to the minerals found in that ground. In West Virginia, it is very common for minerals rights not to convey with surface (ground rights); mineral rights have often been sold off to mining companies."WHAT I NEED TO GET..."
I have been a real estate broker for a lot of years. And if I had a buck for every time a prospective seller told me how much they "needed to get" for their house, as if it were a value carved in stone, I could take us out to dinner. OK, maybe that's a slight exaggeration. But, sadly, what you need or would like to get out of your house, and what the house is worth, may be two entirely different things.
I know that sounds harsh so let me say: I want you to get what you need out of your house. I want you to get what you need with a cherry on top. It's an investment into which you've poured your sweat, love, and wallet over the years. And, after all, you're paying me a percentage of the sales price when I sell it for...
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