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Inheriting a Home: Options to Consider

By | January 27th, 2023|

Are you inheriting a home? There are several options to consider if you'll be the beneficiary of this sort of bequest and don't want to keep it. Inheriting a Home: To Keep or Sell Q: I read your column regularly and always find it very interesting and informative. I have a rather complicated question: My [...]

Investment Property Damaged By Tenants

By | December 26th, 2022|

Was your investment property damaged by tenants? If it was, can you recoup the costs to repair your investment property? Was Your Investment Property Damaged by Tenants?  How Can You Recoup the Costs to Repair? Q: My wife and I bought a house in Maryland in early July 2022. The sellers wanted to stay in [...]

Neighbor’s House Fire Damaged My House

By | December 26th, 2022|

Neighbor's House Fire Damaged My House.  Is our Neighbor Liable for the Damage? Q: We live in a townhouse. The unit attached to ours had a major fire. The fire also caused considerable damage to our home. We have been in temporary housing for the last 17 months waiting for our home to be restored. [...]

2023 Home Buyer Resolutions

By | December 26th, 2022|

Every year, Ilyce and Sam offer their readers New Year’s resolutions for home buyers, sellers and their personal finances. These are their 2023 Home Buyer Resolutions. My, how the tide is shifting for home buyers, sellers, renovators, investors, and owners.  At the end of 2021, we wrote that “Covid is a trend accelerator.” When it [...]

2023 Home Seller Resolutions

By | December 26th, 2022|

Every year, Ilyce and Sam offer their readers New Year’s resolutions for home buyers, sellers and their personal finances. These are their 2023 Home Seller Resolutions. We feel like a broken record, but 2022 was still one of the best years on record for home sellers.  Despite mortgage interest rates rising at an all-time blistering [...]

Getting Rid of a Timeshare Property

By | December 26th, 2022|

Options on Getting Rid of a Timeshare Property.   Q: This is a comment regarding your article on getting rid of timeshare properties several months ago. I have two bits of information for disillusioned owners.  Two of the major timeshare companies have a process where they can assist you in disposing of your timeshare ownership. Vistana [...]

Inheriting Property in a Trust

By | November 15th, 2022|

Inheriting property in a trust is far easier than going through probate.  Q: My dad owns a duplex. He lives upstairs and rents the downstairs unit. He wants me to inherit the property after he dies. Should we transfer ownership of the property by will or by adding me to the deed?  I understand all [...]

Hard to buy a first home

By | November 15th, 2022|

It's hard to buy a first home, Gen Zers and Millennials say Recently, the National Association of Realtors released their 2022 Profile of Home Buyers and Sellers. The news wasn’t good for first-time buyers or for those who have been waiting, impatiently, to buy their first home. Just 26% of all buyers were first-time buyers. [...]

Get Rid of Bats and Other Uninvited Guests

By | September 2nd, 2022|

How do I get rid of bats? Uninvited "guests" upset one homeowner. Q: How do I get rid of bats? I have a large colony of bats in my fireplace and some in my walls. Two weeks ago I alerted the property management and they sent out professionals. The professional sent them a report and [...]

Do renters make good neighbors?

By | August 19th, 2022|

Do renters make good neighbors? A condo owner wants to know if she should worry that her fellow owners rent out their homes. Q: I live in a nine unit self-managed condominium building. Over the years, the board members rented out their units. In one year, two units sold and a third unit is up [...]

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