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?
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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 »
Arranging for a new mortgage loan, to finance the purchase of a home or to refinance an existing loan, is very different today from the process used a few months or years ago. Even applicants with exceptionally good credit should expect extensive scrutiny when applying for a mortgage today, The New York Times reports.
Tagged with: RefinanceRead More »
From my experience, most residential leases are one-sided in favor of the landlord. The typical lease requires the tenant to make minor repairs, and the landlord will be responsible only for major system failures – such as the dishwasher stops working and cannot be repaired.Read More »