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Edith Lank / Home & Consumer

House Calls: Still on the Mortgage

Dear Edith: My brother is going through a divorce. The home, which is jointly owned, has about $115,000 mortgage left and is worth maybe $ 275,000. My brother wants to give his future ex-wife the house and forget about it. My question is if he ...

House Calls: Brother's $200,000

Dear Edith: My elderly mother owns her home and my brother wants to buy it and move in to take care of her. If he buys the home for $400,000, that money goes into my mother's estate. When my mother passes away, would my brother then get back half ...