What should you do If your neighbor has built a retaining wall that encroaches onto your property and he now wants you to provide him with an easement to cover the encroachment? Should you tear down the retaining wall instead? Or consult an attorney about setting up the easement agreement? If depends on what kind of relationship you have with your neighbor and the kind of impact this wall could have on your property.
Inheritance tax is usually paid by the estate. If the value of the estate is more than $2 million dollars, the estate will pay inheritance tax on the overage.
Seller's property disclosure statement is supposed to list all known problems. If you buy a home and discover problems that weren't mentioned in the seller disclosure you may decide to sue the seller. Seller disclosure cases are tough to win because you have to have proof that the seller knew of the problem in order to win the lawsuit.
It's the season of reunions. On the Ilyce Glink show today, Ilyce talked about her 25th reunion, which she went to last night, and then took calls from listeners who went to their 30th, 48th, and 50th reunions as well. We also took calls from Craig, who is trying to pay down debt and is wondering how that will affect his credit, and Gabriel, who is trying to figure out whether she should pump any more cash into her house. All that, and more, on today's Ilyce Glink Show.
Property taxes can be calculated for the current year or in arrears. Inherited property usually owes property taxes based on the date the new owner receives the deed to the property.
Home improvement scams can be any homeowner's nightmare. Researching contractors on the internet and through references is the best way to avoid problems on home improvement projects.
If you're thinking about getting a new credit card make sure to read all the terms you can prior to applying. You don't want to get blindsided after you have the card. It's easier to read the terms in advance than close the card and get dinged on your credit history. Credit card interest rates can zoom up at a moment's notice, but you can take steps to keep your rate low.
Inheriting property brings up all kinds of options. When inherited property can be zoned as commercial or residential, an heir is faced with many decisions as to how to deal with the property. It's important to take one step at a time when dealing with inherited property.
