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Pike County PA…Located in the heart of the beautiful tri-state area of Pennsylvania, New York and New Jersey. It is all about the Quality of Life, Character and Charm!
While many come for the first time on vacation, so many decide they want to either stay forever or at least have a second home. Whether it is Milford, Matamoras, Shohola, Dingmans Ferry or Lords Valley, there are so many reasons why people are drawn to this quaint area we call home. Milford is the county seat and is charming and full of character. It has been a residential and vacation oriented community for over a century. It has many Victorian style homes and is known for our art galleries, craft and antique stores. Residents can enjoy a peaceful small-town ambience but also have access to New York City which is in commuting distance only 70 miles away. Of course, Pike County’s proximity to major metropolitan areas makes it the perfect destination. It’s natural beauty, history, charm and amenities have beckoned travelers from around the world.
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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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What acclaimed house built of stone, concrete, and glass is built over a waterfall?
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Fallingwater in Mill Run, PA, built by architect Frank Lloyd Wright, is one of the most-visited homes in the U.S.
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Arlene Quirk
Keller Williams Real Estate
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Stroudsburg, PA 18360
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Fax: 570-409-3240
Cell Phone: 570-903-0910
Email: aquirk@ptd.net
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