Edith Lank
-
Sale of your mortgage shouldn't change balanceJan 21, 2017 5:00 am - Q. In a recent column, someone asked about escrow. You educated them, but it made me think particularly about mortgages being sold. I bought my house in 2014. My lender ...
-
It may be best to cut the price and move onJan 14, 2017 5:00 am - Q. I am trying to downsize from my large upscale house to a much smaller house. My small house is complete, but my large house is not selling. My Realtor dropped the pri...
-
That escrow account is very likely required by lenderJan 07, 2017 5:00 am - Q. Our purchase offer was accepted, and we are excited about moving into our new home. But we have a question about our monthly mortgage payment. It's more than we figur...
-
What about tipping your real estate agent?Dec 10, 2016 5:00 am - Q. We are buying our first house, and we're both so pleased with the extra help our real estate agent has been giving us. She will be paid by the sellers, and we won't h...
-
Some advice for selling on your ownDec 03, 2016 5:00 am - Q. We are just starting to sell our house by ourselves. The idea is that by eliminating the broker's commission we can set the price lower and attract more buyers. We co...
-
Reverse mortgages aren't the scam they used to beNov 19, 2016 5:00 am - Q. I'm curious about reverse mortgages. What's the good of them? I've heard they are scams. Can you explain? A. First off, don't worry about the scam problem. When rever...
-
When deal falls through, who gets the earnest money?Nov 12, 2016 5:00 am - Q. My husband and I accepted an offer May 5 with a buyer who chose to close on or before June 30. He obtained a commitment letter, but then the bank found out he is divo...
-
When selling do more than stage the homeNov 05, 2016 6:00 am - Readers comments: • You had a question in the column about staging a home for an open house, and you wrote to put small valuables away. I once saw a TV show on which the...
-
Consult tax professional after property saleOct 29, 2016 6:00 am - Q. My mother passed away in 2014. I inherited her home. I paid a lawyer to go through probate and get the home in my name. A few weeks ago, I sold the home. When I do my...
-
No gift taxOct 22, 2016 6:00 am - Q. Can I give my daughter a $14,000 interest in a rental property I own with a regular deed? I would want to give her $14,000 interest year by year after that. If I can'...