Edith Lank
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Capital gains questions for sale of rental homeJul 08, 2014 1:01 am - Q. I have written to you before, so now for the rest of the story. I finally sold my rental home to my longtime tenant of 18 years in April. How can I limit my capital g...
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The standard sales contract has grownJul 05, 2014 12:01 am - Q. 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 pag...
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Single or duplexJun 17, 2014 1:01 am - Q. 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 ...
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New mortgage possible while in retirementJun 14, 2014 12:01 am - Q. 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 ...
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Cash sale can be fraught with problemsJun 07, 2014 12:01 am - Q. I'm going to buy a half-finished cottage on a lake. The place is free and clear with no strings attached. I'm paying all cash so there shouldn't be any complications....
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A home sale is never over until it's overMay 31, 2014 12:01 am - Q. We accepted an offer on our house two weeks ago, but the "for sale" sign is still up in our front yard. Is this ethical? Why hasn't it been removed? A. In the sale of...
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Listing 'as is' limits mortgage possibilitiesMay 23, 2014 12:01 am - Q. When a house is listed "as is, seller guarantees nothing" what does that really mean? Does it legally release the seller from all liability? Also, is it a good way to...
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Neat and clean condo won't sellMay 14, 2014 11:00 pm - Q. My daughter bought a condo. She was there two years, and then her company moved her to Houston. Her condo has been on sale for a year now and has not sold. It is expe...
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When selling, first steps don't cost anythingMay 03, 2014 12:01 am - Q. I would like to chime in on the often-asked question about whether to remodel before putting a house on the market. As a recent buyer, I walked away from more than on...
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Neighbor upset with agent's low-cost dealApr 19, 2014 12:01 am - Q. One of my neighbors is quite elderly and he and his wife (who has Alzheimer's disease) moved across the country to live near relatives. He listed his move-in conditio...