Divorce complicates short sale
Q: I am separated from my husband. I live in the house, but he doesn't. I am on the title to the home, but he is on the mortgage. I...
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Is homeowner on the hook for senior exemption not removed from tax bill?
By Ilyce Glink and Samuel J. Tamkin Q: When my mother died some years ago, her senior exemption was not removed from her property, which I inherited and now live...
Appraising not an exact science
By Ilyce Glink and Samuel J. Tamkin Q: You've had a bunch of letters lately involving appraisers, and I wanted to share my story. My experience with appraisers is they...
Heir of income property wants to minimize tax liability
By Ilyce Glink and Samuel J. Tamkin Q: I recently inherited a rental property. The property is rented and cash flow is positive, despite the fact that there is a...
Getting on MLS improves chance of FSBO success
Q: I have finally had it with real estate agents and have decided to use a for sale by owner (FSBO) Web service. The company offers a few different options...
Hiring your own appraiser may be no help with bank
Q: Our bank came in with an appraised value that is about one-third of what we originally borrowed to buy in 2006. Our loan is coming due (we had a...
Change in quality of appraisers a cause of concern
By Ilyce Glink and Samuel J. Tamkin Many people have faced difficult moments during the housing crisis wondering whether the home they want to buy, sell or refinance would appraise...
Wife exiting abusive marriage should let the house go, too
By Ilyce Glink and Samuel J. Tamkin Q: My sister heard you guys on the radio this afternoon and called me right away. Here's my story: I am divorcing my...
Is the foreclosure crisis over? Evidence points both ways
By Ilyce Glink and Samuel J. Tamkin Is the foreclosure crisis over? Depends on where you stand. Is this your reality? The housing market is on an upswing. Mortgage interest...
Sticking with variable-rate mortgage might not be so bad
By Ilyce Glink and Samuel J. Tamkin Q: I owe more on my mortgage than what my house is worth. And, unfortunately, my loan isn't owned by Freddie Mac or...