Moving out? The Daily Citizen, GA - 37 minutes ago Probably eight or nine out of every 10 I here of leaving this area are planning on moving to other parts of the United States.? But local schools and other ...
Transitions Made Easier New York Times, United States - So she committed, and Cedar Crest?s ?personal moving assistant? soon arrived at her home, ready to help her plot out which of her possessions to take to the ...
Living In | St. Albans, Queens Bluesy Home Market With a Jazzy Past New York Times, United States - Dec 5, 2008 Many of the people moving out in recent years, Mr. Gibbs said, have been retirees, who lived here for decades and decided to go south. In general, he said, ...
Many Hurdles, Legal and Political, to Bridge Tolls New York Times, United States - But he said it was also likely that the Legislature would not do so without seeking a home rule vote from the City Council backing the move, ...
Wahine move on to sweet 16 Honolulu Star-Bulletin, HI - 6 Hawaii is moving on in the NCAA volleyball tournament and No. 12 USC is staying home. The Rainbow Wahine (30-3) reached the 30-win mark for the 17th time ...
Sounding out a new wound therapy Minneapolis Star Tribune, MN - 51 minutes ago "By moving up the wounds faster to complete health, you are saving the health care system potentially a lot of money," he said. ...
Looking back: ?Extreme Makeover: Home Edition? Albert Lea Tribune, MN - Just seconds later, the DeVries family and the crowds yelled "Move that bus!" and they saw their new home. Ty Pennington shows the DeVries the butteryfly ...
UT to sell some oil, gas reserves for fast cash Houston Chronicle, United States - 50 minutes ago By JANET ELLIOTT Copyright 2008 Houston Chronicle Austin Bureau Officials hope the sale will raise $1 billion for the Permanent University Fund, ...
Standing Fast amid Financial Storms BusinessWeek - We calculated the average assessed value to market value for the homes in our survey was 39.8%, vs. a 47.4% ratio for our home after the assessment. ...
Fire guts Freeport house Pittsburgh Tribune-Review, PA - By Celanie Polanick At least three people living in two apartments are homeless after a fast-moving fire Monday gutted a house on Market Street. ...
The kinematics and performance of fish fast-start swimming - P Domenici - Journal of Experimental Biology, 1997 - jeb.biologists.org ...Home page, J Exp Biol Home page JA Goldbogen, RE Shadwick, DS Fudge, and JM Gosline Fast-start muscle dynamics in the rainbow trout Oncorhynchus mykiss: phase ...
A fast algorithm for two-point seismic ray tracing - J Um, C Thurber - Bulletin of the Seismological Society of America, 1987 - Seismol Soc America ...Home page, Bulletin of the Seismological Society of America Home page WA PROTHERO,
WJ TAYLOR, and JA EICKEMEYER A fast, two-point, three-dimensional raytracing ...
DEAR BOB: I plan to sell my home. Should I stay in my home while trying to sell it? We could move into our new home and leave the one we are trying to sell vacant. Which scenario will help sell our home faster? --Dana P.DEAR DANA: Your listing real estate agent is in the best position to advise you whether to stay or move during the sales process.Purchase Bob Bruss reports online.The specific answer depends on whether your home shows well with you and your furniture still in the house. Or maybe it will show better if you move out, spruce it up with fresh paint and perhaps new carpets.
As a buyer, I like vacant houses because then I can easily spot most defects. As a seller, I prefer to sell vacant houses after painting and cleaning them, usually installing new wall-to-wall carpet. Vacant rooms look bigger than rooms occupied with furniture.
NO TAX DEDUCTION IF LOAN IS NOT SECURED BY YOUR HOME
DEAR BOB: To buy our first home, my wife's parents loaned us $50,000. We have been faithfully repaying them monthly, including interest. As they are retired, they need the income. However, when we were audited by the IRS, our interest deduction for this loan was denied. The IRS agent said the interest is not deductible because the $50,000 loan is not secured by a mortgage on our home. Is this correct? --Gerry T.
DEAR GERRY: Yes. For home mortgage interest to qualify as an itemized tax deduction, the loan must be secured by a mortgage on your property.
To qualify for an interest deduction, you should give your wife's parents a mortgage or deed of trust to secure their promissory note. Then you can deduct the interest you pay each year to them. For more details, please consult your tax adviser.
SHOULD HOME SELLER CREDIT BUYER FOR DEFECTIVE WINDOWS?
DEAR BOB: I just sold my house. The buyer had it professionally inspected. All went well, but the buyer asked me to replace a couple of windows that have condensation, probably due to a bad seal. My home is 12 years old and in beautiful "mint" condition. I just put more than $20,000 into it with a new roof, siding, appliances, and professional paint job throughout. I feel the buyer is being unreasonable, asking me to fix the one and only thing wrong with my home. The house is selling for $350,000. Am I being unreasonable not wanting to pay for the windows? --Joe McC.
DEAR JOE: If the buyer's purchase offer is acceptable, especially if the local home sales market is slow, why risk losing him over a few hundred, or even a few thousand, dollars?
Better than replacing those windows, however, is to offer your buyer a "repair credit" at the closing, such as $500 or $1,000. Chances are the buyer won't even replace those windows, but then you won't risk losing the sale over a petty item.
The new Robert Bruss special report, "Probate Property Profit Secrets Revealed," is now available for $5 from Robert Bruss, 251 Park Road, Burlingame, CA 94010 or by credit card at 1-800-736-1736 or instant Internet delivery at www.BobBruss.com. Questions for this column are welcome at either address.
