Edith Lank / Home & Consumer

House Calls: What About Websites

Dear Ms. Lank: How reliable are websites such as Zillow and others that list an estimated value of my home? I purchased my home in 2013, which was new construction for $185,000. It was assessed at $186,000. On websites, they say my home is worth ...

House Calls: Capital Gains Questions

Dear Edith: I have written to you before, so now for the rest of the story. I finally sold my rental home to my long-time tenant of 18 years in April. How I can limit my capital gains tax? How is it figured? If I have to pay, what is the ...

House Calls: The Contract Has Grown

Dear Edith: We plan to sell our home in 2015 to move to a retirement community. I have a good agent we will use. She gave us a sample sales contract to look over -- many, many pages compared to when we bought the home in 1998.

Friends of ours are...

House Calls: What's In an Ad

Dear Edith: We are going to sell our house without using an agent, and I'd like your opinion about writing newspaper ads. My husband is good on the computer, so I'm not worried about the Internet, but I could use help for the classifieds. ...

House Calls: Single or Duplex

Dear Edith: We live in a house that was originally a big family home. It was made into a duplex before we bought it, and it's legal for a two-family.

My husband is retiring, and we will be moving to a condo in Florida. Some friends advise us to ...

House Calls: Mortgage in Retirement

Dear Mrs. Lank: My wife and I are in our 70s. We want to buy a small home just for the two of us, but we don't want to break into our retirement investments to do it. Is it possible to get a mortgage at our age? I think we have good credit, never ...