What happens if you inherited property with a long-term lease? Q: I'm writing about your recent column that dealt with a family inquiring about an inherited property with a long-term lease. I know of a similar situation where a family leased one of the best locations in town to a large burger franchise restaurant decades [...]
Will my son inherit the house? Q: I purchased a house with my married son several years ago for him to live in. My husband and I gave him the money for the down payment. Only my credit was checked when we purchased it. Both my son's name and my name are on the deed [...]
Can you put an offer on a house that is under contract? Also what is the difference between under contract and contingent. Q: I’m interested in a property that is under contract but is also under a contingency. I find it odd that this house has been contingent for over six months! I want to [...]
Inheriting Property with Siblings? If you and your siblings are inheriting property from your parents or another family members, and everyone isn't on the same page about keeping or selling the property, you'll want to read this story. Distributing Assets Differently then Stated in the Will This week, we’re publishing comments and observations about two [...]
Can we switch inheritances? Two brothers don't want to share the two properties they inherited. They'd rather switch inheritances, so that each brother inherits a separate property. Can the estate handle this? Inheritances Can Be Complicated Q: My brother and I inherited two houses upon my father's death. We each share half interest in each [...]
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 [...]
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 [...]
Covid has changed the world, and the real estate trends for 2022 reflects this state of the world. Read more about Real Estate Trends you'll be seeing in 2022 and sign up for Ilyce Glink's Love, Money + Real Estate newsletter for further real estate trends and insights. If only we could foretell the future, [...]
What are the real estate trends for 2022? Ilyce Glink recently returned from the National Association of Realtors 55th annual conference in Miami and offers this look at Real Estate Trends for 2022. For more trends and real estate news, sign up for Ilyce's new newsletter, Love, Money + Real Estate. Trends in Real Estate [...]
What can you do if your mortgage is underwater? This homeowner wants to know if she can foreclose and move on, but that should only be her last resort. Q: I am a widow in my 70s and my mortgage is underwater. Can I just let the bank foreclose and move on? I don't want [...]
