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What Happens to a Quit Claim Deed When a Spouse Dies?

What Happens to a Quit Claim Deed When a Spouse Dies?

By Ilyce Glink| 2022-09-18T09:35:57-05:00 April 27th, 2018|

What happens to a quit claim deed when a spouse dies? It all depends on the type of deed transfer and their estate plans. Q: What happens if you and your wife own a home through a quit claim deed and the spouse dies? We live in the State of Maine. A: A quit claim [...]

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Is a Home Seller on the Line for Fulfilling Inspector Recommendations?

Is a Home Seller on the Line for Fulfilling Inspector Recommendations?

By Ilyce Glink| 2018-06-18T14:37:52-05:00 April 20th, 2018|

Is a home seller on the line for fulfilling inspector recommendations? They just might be if they really want the sale to go through. Q: My agent is insisting that I hire a licensed, bonded contractor to pump water from my crawl space. The inspector "recommends" this. I didn't have a license bonded contractor do [...]

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I’m Struggling To Pay My Mortgage. What Are My Options?

I’m Struggling To Pay My Mortgage. What Are My Options?

By Ilyce Glink| 2018-06-15T11:28:35-05:00 April 20th, 2018|

I’m struggling to pay my mortgage. What are my options? Is it worth going back to a high paying job but missing out on time with the kids? Here’s what I suggest: Q: I need $8,000 to bring my mortgage to date. It costs me $1,000 per month. I have $100,000 in equity. It seems [...]

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My Ex Has a Home Equity Line of Credit on My Home. Now What?

My Ex Has a Home Equity Line of Credit on My Home. Now What?

By Ilyce Glink| 2018-06-15T11:21:14-05:00 April 13th, 2018|

My ex has a home equity line of credit on my home. Now what? First step is to talk to your divorce lawyer before making any more real estate deals. Q: I have a house that is paid off that I own in my name only. My soon to be ex-husband has an equity line [...]

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How to Get Started with Long Distance Home Buying

How to Get Started with Long Distance Home Buying

By Ilyce Glink| 2018-06-15T11:22:05-05:00 April 13th, 2018|

How to get started with long distance home buying to make sure your big move goes as smoothly as possible. Q: After living in the same house for over 40 years, my wife and I are planning to move across country a year from this summer. How does one go about finding a house from [...]

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Is Now the Right Time to Sell Your Rental Property?

Is Now the Right Time to Sell Your Rental Property?

By Ilyce Glink| 2018-06-15T11:16:33-05:00 April 6th, 2018|

Is now the right time to sell your rental property? We may be in a seller’s market, but that doesn’t mean you’ll get the most bang for your rental property buck. Q: As always, you give us a lot of good real estate information in your columns. Here's a question regarding my rental home in [...]

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Is a Reverse Mortgage Right for You?

Is a Reverse Mortgage Right for You?

By Ilyce Glink| 2018-06-15T11:19:46-05:00 April 6th, 2018|

Is a reverse mortgage right for you? Or should you get a HELOC? Consider these factors before you commit to a reverse mortgage or HELOC. Q: My wife and her sister were given their mother’s home when she passed away. The property was mortgage-free. For the past six years, her sister has been living in [...]

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Trying to Profit From Pre-Foreclosure Homes? Read This First

Trying to Profit From Pre-Foreclosure Homes? Read This First

By Ilyce Glink| 2018-06-15T11:10:48-05:00 March 30th, 2018|

Trying to profit from pre-foreclosure homes? Read this first before you dive into the complicated world of real estate. Q: I read an article you wrote about buying real estate through tax sales, and it was very good. I met a contractor who told me that he was about to lose some land he owned [...]

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How to Know if You’re Getting a Correct Land Survey

How to Know if You’re Getting a Correct Land Survey

By Ilyce Glink| 2018-06-15T11:12:07-05:00 March 30th, 2018|

How to know if you’re getting a correct land survey. From credentials to the title of surveying documents, there’s a lot to look out for to see if the surveyor is up to snuff. Q: When we purchased land we had a new survey done. Three months later, during our construction process, our lender required [...]

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Estate Planning and Capital Gains Taxes: What You Need to Know

Estate Planning and Capital Gains Taxes: What You Need to Know

By Ilyce Glink| 2018-06-15T11:08:25-05:00 March 23rd, 2018|

Estate planning and capital gains taxes: What you need to know before selling high value property that could be inherited. Q: My parents are elderly and live in Virginia. They own a rental house in California. Since they bought it, the home has increased greatly in value to about $1 million. They are trying to [...]

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