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	<title>Charlotte Real Estate, Development, and Construction News: Mecklenburg Times &#187; Benny Kass</title>
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	<description>Real Estate, Development, and Construction News in the Charlotte Area</description>
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		<title>Marriage, yes; mortgage, no&#160;</title>
		<link>http://mecktimes.com/news/2013/05/21/marriage-yes-mortgage-no/</link>
		<comments>http://mecktimes.com/news/2013/05/21/marriage-yes-mortgage-no/#comments</comments>
		<pubDate>Tue, 21 May 2013 16:43:20 +0000</pubDate>
		<dc:creator>Benny Kass</dc:creator>
				<category><![CDATA[Kass]]></category>
		<category><![CDATA[mortgage]]></category>

		<guid isPermaLink="false">http://mecktimes.com/?p=20051</guid>
		<description><![CDATA[DEAR BENNY: I recently got engaged and have plans to have my new fiancé move into my house.  I am currently the sole owner of the home.  We have a wedding date scheduled for over two years from now.  He makes much more money than I do and has a greater tax liability.  Would it [...]]]></description>
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		<title>It&#8217;s dad&#8217;s house: Take your names off&#160;</title>
		<link>http://mecktimes.com/news/2013/05/16/its-dads-house-take-your-names-off/</link>
		<comments>http://mecktimes.com/news/2013/05/16/its-dads-house-take-your-names-off/#comments</comments>
		<pubDate>Thu, 16 May 2013 20:08:07 +0000</pubDate>
		<dc:creator>Benny Kass</dc:creator>
				<category><![CDATA[Kass]]></category>
		<category><![CDATA[inheritance]]></category>
		<category><![CDATA[property taxes]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://mecktimes.com/?p=19994</guid>
		<description><![CDATA[DEAR BENNY: My father added my brother and I to the deed of his house he bought back in 1979.  Now that he did his living trust, he wants to remove us from title (deed) so we don&#8217;t have to pay taxes in case something happens to him. I understand his property taxes will go [...]]]></description>
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		<title>HELOC for mortgage = havoc&#160;</title>
		<link>http://mecktimes.com/news/2013/05/15/heloc-for-mortgage-havoc/</link>
		<comments>http://mecktimes.com/news/2013/05/15/heloc-for-mortgage-havoc/#comments</comments>
		<pubDate>Wed, 15 May 2013 15:38:53 +0000</pubDate>
		<dc:creator>Benny Kass</dc:creator>
				<category><![CDATA[Kass]]></category>
		<category><![CDATA[HELOC]]></category>
		<category><![CDATA[mortgage]]></category>

		<guid isPermaLink="false">http://mecktimes.com/?p=19969</guid>
		<description><![CDATA[A RESPONSE FROM A READER:   In your answer to the question about using the home equity line to pay off the balance of the person&#8217;s mortgage, I have something to add.  You were very right about the dangers of a variable rate loan, but you neglected to mention two other factors which have to be [...]]]></description>
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		<title>Hand to Cohan: Get estimates&#160;</title>
		<link>http://mecktimes.com/news/2013/05/10/hand-to-cohan-get-estimates/</link>
		<comments>http://mecktimes.com/news/2013/05/10/hand-to-cohan-get-estimates/#comments</comments>
		<pubDate>Fri, 10 May 2013 13:27:27 +0000</pubDate>
		<dc:creator>Benny Kass</dc:creator>
				<category><![CDATA[Kass]]></category>
		<category><![CDATA[Cohan rule]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://mecktimes.com/?p=19886</guid>
		<description><![CDATA[DEAR BENNY: I built my own house.  At first I stuffed receipts into a folder but toward the end when things got hectic, I forgot.  I probably have receipts amounting to a quarter of what I believe I spent, land included.  How can I establish a credible basis when it comes time to sell?  The [...]]]></description>
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		<title>If &#8216;qualified intermediary&#8217; isn&#8217;t&#160;</title>
		<link>http://mecktimes.com/news/2013/05/06/if-qualified-intermediary-isnt/</link>
		<comments>http://mecktimes.com/news/2013/05/06/if-qualified-intermediary-isnt/#comments</comments>
		<pubDate>Mon, 06 May 2013 18:54:03 +0000</pubDate>
		<dc:creator>Benny Kass</dc:creator>
				<category><![CDATA[Kass]]></category>
		<category><![CDATA[qualified intermediary]]></category>

		<guid isPermaLink="false">http://mecktimes.com/?p=19812</guid>
		<description><![CDATA[DEAR BENNY: I have been considering a 1031 action for some time, and I have wondered what happens if the intermediary holding the escrowed funds goes bankrupt. Is the intermediary allowed to co-mingle my funds with funds of the company? Is my money protected during his bankruptcy, or would I become just another creditor in [...]]]></description>
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		<title>If developer hid fee, nail him&#160;</title>
		<link>http://mecktimes.com/news/2013/05/02/if-developer-hid-fee-nail-him/</link>
		<comments>http://mecktimes.com/news/2013/05/02/if-developer-hid-fee-nail-him/#comments</comments>
		<pubDate>Thu, 02 May 2013 19:41:15 +0000</pubDate>
		<dc:creator>Benny Kass</dc:creator>
				<category><![CDATA[Kass]]></category>
		<category><![CDATA[development]]></category>

		<guid isPermaLink="false">http://mecktimes.com/?p=19765</guid>
		<description><![CDATA[DEAR BENNY: My husband and I purchased a home in a new development. At the time we viewed the home, at the time we offered to buy it, and at the mortgage closing, no mention was made of any extra fees associated with having city water at the site. About 20 months after we (and [...]]]></description>
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		<title>You need the power to sell the house&#160;</title>
		<link>http://mecktimes.com/news/2013/04/30/you-need-the-power-to-sell-the-house/</link>
		<comments>http://mecktimes.com/news/2013/04/30/you-need-the-power-to-sell-the-house/#comments</comments>
		<pubDate>Tue, 30 Apr 2013 14:24:51 +0000</pubDate>
		<dc:creator>Benny Kass</dc:creator>
				<category><![CDATA[Kass]]></category>
		<category><![CDATA[power of attorney]]></category>

		<guid isPermaLink="false">http://mecktimes.com/?p=19715</guid>
		<description><![CDATA[DEAR BENNY: My mother had to be moved to a nursing home from her &#8220;independent living&#8221; house. This is a very small retirement community and is connected to an &#8220;assisted living&#8221; facility next-door. People who live in the independent homes can move into assisted living easily when the time arrives for more assistance in daily [...]]]></description>
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		<title>Termination could be condo salvation&#160;</title>
		<link>http://mecktimes.com/news/2013/04/26/termination-could-be-condo-salvation/</link>
		<comments>http://mecktimes.com/news/2013/04/26/termination-could-be-condo-salvation/#comments</comments>
		<pubDate>Fri, 26 Apr 2013 14:17:32 +0000</pubDate>
		<dc:creator>Benny Kass</dc:creator>
				<category><![CDATA[Kass]]></category>
		<category><![CDATA[condominiums]]></category>

		<guid isPermaLink="false">http://mecktimes.com/?p=19659</guid>
		<description><![CDATA[DEAR BENNY: I am the president of a large condominium in the Midwest and have just heard about a program called &#8220;mortgage termination.&#8221; It sounds fascinating and very useful for our condo, since we have a number of delinquencies with properties that are underwater. Are you familiar with this and if so, how does it [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Second mortgage snarls deed-in-lieu&#160;</title>
		<link>http://mecktimes.com/news/2013/04/23/second-mortgage-snarls-deed-in-lieu/</link>
		<comments>http://mecktimes.com/news/2013/04/23/second-mortgage-snarls-deed-in-lieu/#comments</comments>
		<pubDate>Tue, 23 Apr 2013 15:52:19 +0000</pubDate>
		<dc:creator>Benny Kass</dc:creator>
				<category><![CDATA[Kass]]></category>
		<category><![CDATA[mortgage]]></category>

		<guid isPermaLink="false">http://mecktimes.com/?p=19594</guid>
		<description><![CDATA[DEAR BENNY: In a recent article about deeds-in-lieu of foreclosure, you didn&#8217;t discuss what happens to second mortgages or other claims on title. Are they automatically assumed by the bank? – Tracy &#160; DEAR TRACY: You are absolutely correct that I should have discussed the role of second mortgages when a homeowner gives the deed [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Imprudent decision may cost the kids&#160;</title>
		<link>http://mecktimes.com/news/2013/04/18/imprudent-decision-may-cost-the-kids/</link>
		<comments>http://mecktimes.com/news/2013/04/18/imprudent-decision-may-cost-the-kids/#comments</comments>
		<pubDate>Thu, 18 Apr 2013 20:02:56 +0000</pubDate>
		<dc:creator>Benny Kass</dc:creator>
				<category><![CDATA[Kass]]></category>
		<category><![CDATA[inheritance]]></category>

		<guid isPermaLink="false">http://mecktimes.com/?p=19550</guid>
		<description><![CDATA[DEAR BENNY: I have a reverse mortgage. It is in my name only. My estranged wife gave me a quitclaim deed. She did not qualify anyway. She does not want this house, and neither do any of the kids. I am 76 and when I die, the mortgage becomes due, but no one except me [...]]]></description>
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