Edith Lank / Home & Consumer

House Calls: Choosing an Agent

Dear Edith: I've read your column for years -- now it's my turn to ask for guidance. I will be putting my house on the market in the near future (I hope). As selling events go, it should be pretty basic. I bought it 23 years ago, it is completely ...

House Calls: Spring Starts Early In Real Estate

Dear Edith: My husband's company has transferred him to Chicago. We decided I will stay here until the children are out of school in June. Is there any use in putting our house on the market this early? Can we tell buyers that we won't be moving ...

House Calls: No-Cost Ads

Dear Edith: When I see ads for mortgages that say there are no upfront costs, I wonder if that means there are other costs involved somehow. Do you have any information on this? -- L. R.

Those ads probably refer to a mortgage plan that lets the ...

House Calls: Money After Foreclosure

Dear Edith: The recent letter from the person whose home was foreclosed on in 2008 and then, when it sold at auction for more than the mortgage owed, asked if he/she could "recoup any of the surplus" was a classic! How does someone that "stuck" ...

House Calls: Heirs Receive New Cost Basis

Dear Ms. Lank: My father died in this year and left his children his home under a life estate. We sold the home in June and were told by our attorney that if we sold the house within 12 months, our basis would equal the selling price and as a ...

House Calls: To Pay or Not to Pay

Dear Edith: We plan to sell our home on our own and our question is: If a Realtor brings their client to see our home and they purchase it, will we be obligated to pay any commission to them? -- via askedith.com

Answer: Before he or she brings ...