Edith: You wrote that it would be "simplest" for the reader to contact an attorney to see whether a deed had been recorded. Perhaps, but it may also be more expensive. It could be simple for the reader to go to the county or some other appropriate local registry/reporting office and ask a clerk for some assistance, or trying to muddle their way ...Read more
Dear Edith: A reader recently asked you about the value of having a mortgage so she could deduct the interest. I was disappointed that you didn't point out the folly of paying a bank $4 just to avoid paying the government $1. (Obviously, the benefit would be slightly higher for someone in a higher tax bracket, but it never makes sense to have a ...Read more
Dear Edith: What do you think of an older person buying a house or a condo? I'll be 70 this year. I am single, and I have excellent credit. I've been looking for an apartment, and landlords seem to really jack up the prices, at lease this time of year. I pay $1,100 a month, so I think I can afford a mortgage. Thanks for your thoughts. -- M.
Dear Edith: I read your column faithfully but don't recall seeing my question in print.
In 1970, my husband and I had a modest home built on an acre of land. It was given to us by his parents (who are now deceased). In their generosity, they held the mortgage. The mortgage was paid off, but we never received any proof we did that. The lawyer in...Read more
Dear Ms. Lank: My wife and I reside on a farm. The county full value assessment on our home and farm is $446,000.
We are in our 80s and do not have children interested in the property. Since maintenance may soon exceed our abilities, we will consider selling through a local agent.
I tend to regard the assessed value as the bottom line, below ...Read more
Ms. Lank: I read your article about a couple trying to sell their house. Here's what happened to us.
Before we moved to our retirement home late last year, we placed our house on the market more than a year before with a broker. This agent wasted six months of our time -- only showing the house a few times, constantly pushing me to lower my ...Read more
Dear Mrs. Lank: Several years ago, my neighbor had a survey done before she put up a partial fence on her land. She had her son dig a trench adjacent to a cedar fence I had installed in 1978. It looked as if it her trench was on my property, so I had a survey done. The surveyor's rebar marking my property line showed that her trench was 4 inches...Read more
Ms. Lank: I have a question about limited liability company properties, or LLC properties.
My neighbor moved out, and I saw a "sold" sign on his house. He happened to stop by this past week, and I asked him who my new neighbors would be.
He said he sold to an LLC and he hopes he hasn't ruined our neighborhood. I tried to find out about an LLC ...Read more
Solutions: The Palestinian-Israeli Conflict Made SimpleDr. Samer Mohd Faruq Muala
Terrorism is spreading across the world like never before. In this book, the roots of Islamic radicalization are linked to the Palestinian-Israeli conflict and practical solutions to end the conflict are presented in an easy to read manner. Solving the issue is no longer and Israeli or ...
Hi, Edith: I was a newspaper copy editor for nearly 20 years, and I faithfully edited your column for my paper. But even after all those years of reading your column each week, I need a little help.
I own a duplex, and I live in one side and sometimes rent out the other. Right now, it is vacant. I would like to sell the duplex for a larger home...Read more
Ms. Lank: My husband and I are debating whether or not we should pay more toward our principal. We currently have an adjustable-rate 10-year loan (it'll be eight more years before it can go up) with a 3.25 percent interest rate. He's retired, and I'll retire in about five years. It's more than likely this will not be our final home. What's your ...Read more
Dear Edith: We plan to sell our house in the spring. We interviewed three Realtors and told one we plan to sign with her at the end of the month. In the meantime, we notified our neighborhood and have shown the house to two parties.
In our mail today, there was a handwritten note from a Realtor (someone in the same company) saying they have a ...Read more
Dear Ms. Lank: Since assisting my sister with the sale of her house, I find the idea of selling homes and preparing homes for sale interesting. I contacted the state and got a list of locations with classes on real estate sales and broker licensing.
I am also interested in estate sales and the process of staging and cleaning homes. I suspect ...Read more
Dear Edith: Six siblings inherited a lake house in 1986. It has been enjoyed by all families for years. However, now there is a need for extensive improvements. No one wants to put the money into it, but no one wants to see it go for taxes.
Four of the six want to sell the house and get their inheritance. One wants to buy it and give everyone ...Read more