DEAR BENNY: I have a neighbor who has boasted to me that he has a felony background. I went online and found that he indeed has a felony for “aggravated theft.” The record also showed he was arrested for driving ...
Read More »Divorcees shouldn’t wait too long after moving out to sell
DEAR BENNY: My husband and I have a house entitled in joint tenancy, and I am filing a divorce. I left our house about two months ago. In less than two years my spouse will retire and that will give ...
Read More »Extra monthly mortgage payments amount to savings
DEAR BENNY: Your recent column raised the question of making one extra payment a year as compared to spreading it out over 12 months. The critical factor is whether the extra payment is made at the beginning of the year. ...
Read More »Acoustical problems sound familiar
DEAR BENNY: We purchased a condo four years ago and for the last two years we’ve had a problem with our upstairs neighbor. Their floor above our bedroom squeaks when they walk on it. We can tolerate it during the ...
Read More »Plumbing claim didn’t make it in legal pipeline fast enough
DEAR BENNY: I recently learned that my home, which I purchased new in 1988, was constructed with Quest pipes. I wasn’t aware of the lawsuit that was created during that time. I was told that I have a leak in ...
Read More »Mobile home will have to be probated if transferred to son
DEAR BENNY: I am a widow with a very small estate and would like to avoid probate for my children. I own my own mobile home but not the property it sits on. If I added my son’s name to ...
Read More »Before short sale, consider all options
DEAR BENNY: I am upside down on my home, which I purchased before getting married, and my spouse has not been added to the loan. Can I do the following: (1) short sale and default on the balance without wrecking ...
Read More »Stepped-up tax basis doesn’t exist in 2010
DEAR BENNY: Your recent article about the man who wanted to gift his house to a friend raised a question in my mind. Suppose the house received a stepped-up basis after the man’s wife died. If he then gifts the ...
Read More »Avoid real estate junk fees at closing
DEAR BENNY: You often advise homebuyers to refuse to pay junk fees at settlement. But how is it done? We are about to close on a refinance. We have done this once before about eight years ago. We have an ...
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