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If you’re wondering what you should know about selling a home in a trust, here’s the short answer: selling a home in a trust involves unique legal steps and documentation, and it’s important to work with experienced professionals to ensure a smooth, compliant transaction.  Why Is Selling a Home in a Trust Different? A home held in a trust is not owned by an individual, but rather by the trust itself. This means that the trustee, the person or institution responsible for managing the trust, [...]

If you hear the terms Abstract or Torrens during a Minnesota real estate transaction, you may wonder if something is wrong with the property or worry that things are about to become more complicated than you expected. Usually, though, nothing is wrong. Abstract and Torrens are just two ways Minnesota property records can be handled. The difference can affect how title work is reviewed, which documents need to be recorded, and what your title team needs to check before closing. What is an Abstract Property [...]

Selling an inherited home in Minnesota can be unpredictable, and each case is unique. These sales often require additional paperwork, involve more people in decision-making, and raise questions about ownership. Preparing early can help avoid some issues, but others may need to be solved along the way. At Network Title, Inc., we handle these situations regularly and understand where delays can occur. Ownership Questions and Probate Steps Before selling any home, you must clearly show who owns it; with inherited homes, that can sometimes be [...]

Beginning March 1, 2026, new federal reporting requirements issued by the Financial Crimes Enforcement Network (FinCEN) may apply to certain residential real estate transactions across the United States. While these rules introduce additional compliance steps in specific situations, most traditional home purchases and sales will not be affected. For buyers, sellers, and real estate professionals in Minnesota, it’s important to understand when FinCEN reporting may apply and how experienced title professionals, such as the team at Network Title, can help ensure a smooth, compliant closing [...]

Transforming a property into a vacation rental can be a lucrative investment, but success depends on strategic remodeling that appeals to travelers while maximizing your return. Whether you’re converting a second home or purchasing a property specifically for short-term rentals, these remodeling tips will help you create a space that stands out in the competitive vacation rental market. Start with Research and Planning Before picking up a hammer, research your local vacation rental market. What amenities do successful properties in your area offer? Are families, [...]

Minnesota has recently been a popular destination for vacation homes, and demand is expected to continue growing heading into 2026. With more than 11,800 lakes, miles of scenic shoreline, and a thriving short-term rental market, owning a vacation property here can be both personally rewarding and financially smart. Whether you’re dreaming of a cabin near Brainerd, a lake home in the North Shore region, or a getaway within driving distance of the Twin Cities, protecting your investment starts with understanding the risks and ensuring you [...]