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Preview: Edith Lank - ArcaMax Publishing

Edith Lank - ArcaMax Publishing

Edith Lank News Feed

Copyright: Copyright 2017 ArcaMax Publishing

House Calls: Becoming Owner


Dear Edith: To settle a bet, I'd like to know: When exactly does homeownership transfer? Is it when the new deed is entered in the public records office? -- Answer: Way back when few people could read or write, the seller of land ...

House Calls: Once a Duplex


Ms. Lank: I own a house in the city in an area that is older but still has mainly single-family dwellings. Years ago, the house was a duplex, but walls were removed to make it a single-family unit. The address still shows the two numbers as if it ...

House Calls: Readers Offer Corrections


It's my own fault. I'm breaking the rule I made maybe 40 years ago that says to stay away from items about real estate closings. The settlement procedures in which sellers finally turn over ownership to buyers vary widely from one area to another....

House Calls: How Long to Wait


Dear Edith: You have advised that a house priced right will sell, and if it is not selling, it could be priced too high for the market. Obviously, all situations are unique, but is there a good rule of thumb about how long should you let a house ...

House Calls: Change the Locks


Dear Edith: When you wrote about real estate closings, one of the things you did not mention was to change the locks, or have the lock cylinders changed, so that the old keys no longer work. We trust that the old owners would not have kept any ...

House Calls: Grandchild Buying


Dear Edith: My father-in-law is moving from his home of 60 years to assisted living. One of his grandchildren wants to buy the house, possibly in a cash deal. What is the best way to set a fair market value? Are we naive to think we can make the ...

House Calls: Quiet Enjoyment


Dear Edith: Recently, a man with a toddler moved into the apartment next door to me, and since then, I haven't had any peace. I've tried to be understanding, but the plain fact is I don't want to live next door to this noisy kid and I was here ...

House Calls: Wet Basement


Dear Ms. Lank: I bought a house two years ago for which the seller's disclosure form answered "No" to questions about wet basement problems. It was a bald-faced lie. I called a lawyer from one of the area's premier firms, and he told me: "Yeah, ...

House Calls: Hurricane Damage


Dear Edith: We are buying a house in Cape Coral, Florida, and are supposed to close soon. The seller has evacuated and may not return. If there is more than $5,000 damage, I can get out of the contract. But how is the amount of damage determined?...

House Calls: Closing on First Home


Dear Edith: I am buying a house on my own, and this is my first time. The closing should be next week if all goes well, and I'm excited and also nervous about it. Do you have any tips on things I should look into while I'm waiting? Any advice ...