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First-time Buyer Homes Out of Reach

By | March 27th, 2022|

First-time Buyer Homes Out of Reach in 2022 Housing Market A first-time buyer finds homes are out of reach. She is looking for a home, but as a first-time buyer, she hasn't been able to get an offer accepted. Why? Q: My mom gave me a copy of Ilyce’s book 100 Questions Every First-Time Home [...]

I Can’t Afford My Rent

By | March 18th, 2022|

I can't afford my rent. The landlord told me to leave. Now what do I do? This week's question is a heart-breaking look at what happens when rental property is sold in a hot market and the investor raises the rent. Q: I was renting a townhome when my landlord sold the property. I was [...]

What if I have no heirs?

By | March 2nd, 2022|

What if I have no heirs? A reader doesn't love his family enough to leave them his assets. Now what? Q: What choices are there for a person with no immediate heirs, who doesn't want the house and other assets to go to the cousins? Who or what can inherit? What happens if a person [...]

What is a Good Amount of Condo Reserves?

By | March 1st, 2022|

What is a good amount of condo reserves? How do I know if my condo building has enough cash reserves?  Q: How does your rule of thumb for condo reserves factor in the condo building's location?  For example, the exact same building on Miami Beach and Fort Pierce would have the same reserve items and [...]

Deducting Real Estate Taxes

By | February 17th, 2022|

Is deducting real estate taxes possible if I don't own the home? I paid my mother's real estate taxes for years. Now that she's dead, can I still deduct real estate taxes if ownership is shared? Q: I lived with my mother, in her home, for 44 years. I have helped her with her home [...]

Giving The Farm Away

By | February 17th, 2022|

My son is pressuring me to give him the farm. Immediately. But I want it to go to my grandchildren. What should I do? Q: I need help navigating my situation with my son. It’s a pressing situation where he wants me to give him the farm. He wants it immediately. Of course, there’s a [...]

Do All Partners Have to Do a 1031 Exchange?

By | February 17th, 2022|

Do all partners have to do a 1031 exchange? Can you do a 1031 exchange on jointly owned property? A trio of siblings wants to know how to do a 1031 exchange if only two of the three siblings are on in the deal. Q: I hope you can answer this question for me. We [...]

How Do You Check Your Deed?

By | February 17th, 2022|

How do you check your deed? How do you find your deed online? How do I check titles in Registry of Deeds? Q: In one of your recent columns, a widow asked about getting the deed to her house after her husband died. You told her to check her deed from time to time to [...]

Pool Costs 2022: Diving into the deep end

By | February 11th, 2022|

What do pools cost in 2022? When thinking about buying a home with a swimming pool, savvy buyers research pool costs before diving into the deep end. Here are some steps to take when researching pool costs in 2022. Pool Costs 2022: Annual expense? Q: I am considering purchasing a home with an in-ground swimming [...]

Where is the Deed To My House?

By | January 20th, 2022|

Where is the deed to my house? How to prove you own your home. Q: My husband died a few years ago and had a life insurance policy. When I got the proceeds from the policy, I was able to pay off our home mortgage. I never received the original deed from the mortgage holder and [...]

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