Lenders have little incentive to breeze through a short sale
Q: Why do short sales take so long to complete? How can I make the short sale process go faster? A: Short sales occur when the owner of a home...
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Continuing the conversation on property size, surveys and home sales
A few weeks ago, a reader asked if he was entitled to extra compensation from a seller because the reader found out that the seller had sold a piece of...
Ownership percentage in a building can differ even for identical size units
Q: Our building has six units, all the same size and layout. The assessment percentage was designated by the builder. I recently purchased one of the units, so I was...
House was sold but lender insists money is still owed; what to do?
Q: I sold my home three years ago, but the mortgage company says that I still owe money on the mortgage. I told them the loan was paid off, but...
Buying a home from family without using a mortgage company? It can be done
Q: My parents want to sell their house to me as part of a retirement plan. We’re hoping to find a way where I can make a contract specifically with...
Who pays for title insurance — the seller or the buyer?
Q: Is it mandatory for a seller to pay for title insurance in Oregon, especially if they were sole owner of home from the day it was constructed? A: We...
Buyer moved up closing but wouldn’t give sellers enough time to move out belongings
Q: The buyer for our home insisted on a closing date that was earlier than the one we had on our contract. We tried to reschedule the closing, but the...
Does seller owe buyer for land sold to city before home sale?
Q: I bought a home recently and found out that my seller had sold a portion of my land to the city for the city to lay water main lines....
A look at the tax implications of selling an inherited property
Q: My dad passed away a while ago. He owned his home and had no mortgage. We recently sold his home for $300,000. How do I figure how much I...
Home inspectors have a duty to point out a problem, even if it’s not in their areas of expertise
Q: We hired a home inspector when we were buying a home. We received the report, reviewed it and later closed. The report indicated some minor issues but nothing major....