My husband and I helped our only daughter buy a house in the town where she did her graduate studies back in 2003. We made the down payment and she guaranteed the mortgage payments. While she was at school, she rented out rooms to other students. We helped her pay the insurance. All three of...
I have heard of attorneys who can assist in lowering your property taxes. I have a few questions about this and trust only you to answer them. Are there any drawbacks to doing this? Will I have to do it every year? Are attorneys who do this on the up and up, and what should...
Love and appreciate your columns. My wife and I tried to sell our home for six years! We owed $520,000 on our mortgages. We started at $650,000 and dropped our price when the bubble hit, to around $520,000. We finally got a cash offer of about $500,000 two years ago, but the bank rejected it...
Last week’s poor jobs report drove mortgage rates down this week, according to data released Thursday by Freddie Mac. The 30-year fixed-rate average tumbled to 3.76 percent with an average 0.6 point, sinking to its lowest level in six months. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It...