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Homestead Declaration Spouses as Declared Owners Form

Homestead Declaration Spouses as Declared Owners Form

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Video instructions and help with filling out and completing Homestead Declaration Spouses As Declared Owners Form

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Instructions and help about Homestead Declaration Spouses As Declared Owners Form

what is a homestead declaration hi my name is Jim Fong I'm a real estate investor and realtor in Las Vegas and I help investors like you identify good Investments to make in real estate all right so today we're going to be covering the topic of a homestead declaration first what is a homestead declaration okay so Homestead declaration is basically it's a law that protects you and the equity of your primary home from creditors okay so let's say for example in the state of Nevada if you owe say like um for like medical bills or something like that and you have a bunch of equity in your home well the credit that bill collectors cannot come after the equity in your primary home okay so it just protects you from that all right what it does not do is protect you from like your mortgage or if someone sues you or IRS liens child support alimony and those things but you know credit card bills and all that stuff they can't come after you know your equity in your home all right so that's what it

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