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Preview: Edith Lank - ArcaMax Publishing

Edith Lank - ArcaMax Publishing

Edith Lank News Feed

Copyright: Copyright 2017 ArcaMax Publishing

House Calls: Dropping Escrow


Dear Edith: You discussed escrow in a recent column, but you didn't say whether I could talk my bank into letting me get out of it. Do you have any advice? -- P. I. Answer: If you were to not keep up with your fire insurance premiums and the ...

House Calls: Worried About Transfer on Death


Dear Edith: When my parents died, my brother and I inherited their house. I live in it now. I'm 70 years old, and I have reasons for needing the house to only be in my name. My brother says I can just take his name off the deed and write him in a ...

House Calls: What to Read


Ms. Lank: Please give us the names of books that neophyte home sellers should read before selling. -- D. N. I. Answer: The first book that comes to mind is one I wrote myself years ago: "The Homeseller's Kit." It's out of print and so old the ...

How Much to Offer


Dear Mrs. Lank: We have been house hunting for several months, and we are ready to write up an offer for one we like. Do you have any advice on how much to offer? -- X. X. Answer: Before you begin and your emotions take over, settle in your minds...

House Calls: They Prefer Renting


Ms. Lank: We are 63 and 68 years old and still working. We sold our home and relocated across the country a couple of years ago for our current jobs. We are renting a house and really have no desire to be homeowners. Of course, we miss the ...

House Calls: Reselling Mortgages


Hi, Edith: In a recent column, someone asked about escrow. You educated them, but it made me think particularly about mortgages being sold. I bought my house in 2014. My lender is in a different state. I handle my taxes and pay my own homeowners ...

House Calls: Losing Money with Two Homes


Dear Edith: I am trying to downsize from my large upscale house to a much smaller house. My small house is complete, but my large house is not selling. My Realtor dropped the price three times in six months, to far less than I paid for the place, ...

House Calls: That Escrow Account


Dear Edith: Our purchase offer was accepted, and we are excited about moving into our new home. But we have a question about our monthly mortgage payment. It's more than we figured because of escrow. We have a good record of paying our bills, but ...

House Calls: Timeshare Worked Out


Dear Edith: I want to share my story and that of my siblings. There are three of us. We inherited a timeshare from our mother, and we paid the yearly fees. It was great for many years, but the yearly cost kept climbing, and we all wanted to sell ...

House Calls: What to Look For


Dear Ms. Lank: We just put our home on the market without a broker. We'll take any offers we receive to our lawyer, but could you give us an idea of what to watch out for? -- P. I. Answer: First of all, understand that in the sale of real estate,...