Edith Lank
-
Buying for retirement five years in advance not wiseAug 21, 2010 11:00 pm - Q. We are interested in buying a house with all cash for our retirement home. We'd live there after five years. In the meantime, our daughter will live in the house ...
-
Property transfers take place with delivery of signed deedAug 14, 2010 11:00 pm - Q. When it comes to deeds of conveyance, is the property officially transferred on the date when the deed is signed or when the deed is filed? I have always been con...
-
A mortgage default harms your credit for a number of yearsAug 07, 2010 11:00 pm - Q. In layman's terms, can someone explain the repercussions of walking away from my present mortgage? It is higher than my home is worth and the banks don't help. Th...
-
Regional practices for closings differ, but results are the sameJul 31, 2010 11:00 pm - Q. Can you comment on the pros and cons of using a "real estate settlement" company versus an attorney in a real estate closing? A. I wonder where the property i...
-
A seller's agent is obligated to represent the seller's interestJul 24, 2010 11:00 pm - Q. My fiance and I signed a purchase contract. Five days later, the inspection determined the house needed a new roof immediately. Our contract gave us the right to ...
-
Get the facts before lending to nephewJul 10, 2010 11:00 pm - Q. I own a home in another state, which I acquired after my father's passing. He lived in the VA hospital a few years before his death. My nephew moved into the house. H...
-
Closing costs are sometimes a matter of negotiationJul 03, 2010 11:00 pm - Q. Who normally pays for closing costs: the buyer or the seller? A. State law may dictate whether the seller or buyer pays certain charges, but most often the div...
-
When seniors buy condo together, problems can pass from one to anotherJun 26, 2010 11:00 pm - Q. My friend and I purchased a condo together. She was self-employed and I was retired. She has since run into trouble with the IRS and one company. They placed lien...
-
Agent can't force potential buyers to walk through your doorJun 19, 2010 11:00 pm - Q. We have had our house on the market for four months listed with a name-brand broker, but we have had fewer than 20 viewings, a dozen of which were at one open hou...
-
Price, rather than 'fresh listing,' is top factorMay 29, 2010 11:00 pm - Q. We feel like our home has been languishing on the market. Lately, we've had few open house visitors. Our property has been on the market since January. Should we ...