Why is it that Macy's, which used to be my favorite department store, and now Wal-Mart and other retailers, are reporting lower earnings and slowdowns in revenues? The financial data report low interest rates, better employment and good home sales, and that General Motors, Ford and Chrysler are selling cars and making huge profits. What's wrong here?Read More »
One of the most overpriced closing costs when buying or selling a home is now getting more expensive. Homebuyers and sellers have long complained about the exorbitant cost of title insurance coverage when computer technology has substantially simplified and sped up the property searching process.
Tagged with: American Land Title Association another housing bubble cost of title insurance factors affect mortgage rates Fannie Mae and Freddie Mac Jim Woodard rising home prices underwater mortgagesRead More »
Mother died April 9, and her will provides a life estate for me. My sister is the executor of the estate, which isn't large. If I move – or don't maintain the house – the proceeds are to be divided three ways, between me, my sister and my deceased brother's family.Read More »
Forrest Gump's "stupid is as stupid does" said it better and more succinctly than anyone, including the highly esteemed bard William Shakespeare, whose plays always bored me to the marrow. Unfortunately, there's no cure for stupidity, though I'm told selective breeding (which takes too much time) works well.Read More »
My Mother, who is 90, has a house without a mortgage. In her will, this property will be mine, but since I have a house I suggest she sell her house to my son. Do you see any problem with this plan?Read More »
More consumers are opting to live alone, with single buyers making up a quarter of all home purchases, according to the National Association of Realtors. In the U.S., there are 33 million one-person households, and living solo is becoming an international trend.Read More »
The cost of title insurance varies on a state-by-state basis. You should be able to get more information either online by comparing title insurance rates in your state or by contacting the insurance commissioner in your state.Read More »