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Articles filed under Lank, Edith

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  • Is a Ďfor saleí sign in the yard necessary? Jun 22, 2013 12:30 AM
    Q. I donít want a "for sale" sign on my front lawn. Is it a requirement? What if I donít use a broker?

  • Older couple with debt should talk to housing counselor Jun 15, 2013 4:30 AM
    Q. We moved out of our home because we could not afford to pay our two home equity loans and the upkeep of the house. We moved to a one-bedroom apartment. The bank has been informed. We have mailed to the bank copies of our taxes, which we did not pay.

  • Seller should change price, not agents Jun 1, 2013 4:30 AM
    Q. I have been using the same agent for over a year to help sell my house, and the contract is up for renewal at the end of this month. I think that he has been doing every thing possible, including a couple of price reductions. We get lots of traffic but no offers. My question is, will changing agents really make a difference?

  • On homes and real estate: Whatís going on? May 25, 2013 5:30 AM
    Q. We have found a home we like in what appears to be a great neighborhood, but of the 42 homes on that street, seven are for sale. All those for sale signs have us worried there's a mass exodus going on. What questions can we ask, and to whom, that might give us more info into a potential problem?

  • Heirs worry about 96-year-old with mortgage May 18, 2013 4:30 AM
    Q. When my 96-year-old dad dies, will we heirs have to pay on his mortgage until the property sells? What happens if we donít make payments?

  • Father canít take back a $15,000 gift May 11, 2013 5:30 AM
    Q. Twelve years ago, my dad, then 80, purchased a condo in Florida for himself and his live-in girlfriend. He paid $30,000 for it. The deed states that in the event of the death of one of them the other inherits the condo.

  • What to ask when selecting a real estate agent May 4, 2013 5:30 AM
    Q. We are going to sell our condo this spring and intend to follow your advice and interview three realtors. We are not sure what probing questions to ask. Can you please advise us?

  • Parents must ponder many factors with deed decision Apr 27, 2013 4:30 AM
    Q. My husband and I are both in our 70s and we would like to know if it is a good idea to have the names of our four children put on the deed to our house. It is all paid for, and we want to stay in the house as long as we can.

  • Only painful steps remain if mortgagees stop paying Apr 20, 2013 4:30 AM
    Q. We rented a home to a couple for 16 years who never missed a payment. Last year they purchased the home and pay us the mortgage. Now they have not paid the mortgage in five months.

  • Was it ethical for estate to accept a lower offer? Apr 13, 2013 5:30 AM
    Q. We put in an $180,900 purchase offer on a house with an asking price of $175,900. We included the contingency of a home inspection. Later we were shocked to see the property transfer listed in the newspaper at $165,000. We wonder if our offer was really ever presented to the seller.

  • Fix up momís old house or just sell it as is? Apr 6, 2013 4:30 AM
    Q. I am hoping for some good advice regarding the sale of my mother's home after her recent passing. My sister and I are now in the process of cleaning out 60 years of family occupancy via trashing and a household sale, etc.

  • More trauma, delays with short sales Mar 23, 2013 4:30 AM
    Q. We have been waiting since September after placing an offer on a short sale. What should we do? Should be continue to wait? Can we send a letter to the bank stating that if they don't provide us with an answer by the end of March we will resign our offer and go lower?

  • Divorce settlement has little impact on mortgage obligation Mar 16, 2013 11:07 AM
    Q. My brother is going through a divorce. He wants to give his future ex-wife the house and forget about it. If he still has his name on the mortgage, is he still responsible for the payments?

  • Can brother recover $400,000 investment in motherís home? Mar 9, 2013 5:30 AM
    Q. 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 of the $400,000?

  • How to find a good real estate agent Mar 2, 2013 5:30 AM
    Q. How does one go about finding a good real estate agent to sell a home and find a new one? There are so many firms with so many agents, how do you find one that would be just right for your needs?

  • Some readers donít like my advice Feb 23, 2013 5:30 AM
    Q. Why did you tell that man to make out a will to add his companion's name to the title on their house? Everyone knows that goes to probate.

  • Thereís much help available when buying a first home Feb 16, 2013 5:30 AM
    Q. I am 22, got my dream job and am now relocating. My parents think, since rent may be high, I should try to buy and have something to show. How do I go about getting prequalified, should I use a local bank or larger national bank or my own bank?

  • No sibling competition, but still a complex issue Feb 9, 2013 4:30 AM
    Q. Is it beneficial for a widow to ďsellĒ her house to a child for $1.00? What might be conflicts to either side? Sibling competition is not an issue.

  • Readers help solve other writersí problems Feb 2, 2013 5:30 AM
    Q. In today's column there was an inquiry regarding a widow's joint mortgage with a deceased husband. You told her to just keep on paying it, the bank wouldn't call it in. But there is another factor she may want to consider.

  • Long-distance amateurs need help selling property Jan 26, 2013 5:30 AM
    Q: I recently inherited over five acres in another state. It has a house (needs a new roof) and business potential as it is as the intersection of two highways. Realtors are more than 20 miles away so I'm not sure they would be moved to put a lot of effort into showing it.

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