My husband and I are separated, but we own a condo together. I live in the condo and have paid all the costs, mortgage, taxes, upkeep and homeowners association fees.
Tagged with: refinancingRead More »
With 38 percent of today’s homebuyers making their purchase with all cash — up from 22 percent in 2006 — there must be powerful incentives for that form of payment. The most obvious advantage is freedom from making mortgage payments ...Read More »
Dear Mr. Berko: Back in July, you wrote that the country would fall off a financial cliff if the Bush tax cuts were not extended by Congress. You predicted that the market would crash, that consumer spending would fall and ...Read More »
DEAR BENNY: A mortgage broker advised us several years ago to split our mortgage into a $400,000 mortgage and a $100,000 line of credit (we had $300,000 total available on the HELOC). A few months ago, we refinanced our $400,000 ...Read More »
If damage to an individual unit is from a common-area element and was caused by negligence, and the condo documents as I understand them state that the damage to the unit involved is the responsibility of the condominium owners association, should that not then be covered by the master policy?
Tagged with: InsuranceRead More »