| HeraldNet - Snohomish County's online news source |
 FRIDAY, JULY 3, 2009 6:29 pm |
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New rules create an appraisal nightmare Question: We read your column last week about the person who was having trouble getting a copy of his appraisal. We are refinancing and we have a slightly different problem with an appraisal. We locked a loan with a mortgage company a month ago to... [More] Borrower entitled to appraisal request Question: I had intended to refinance my house and paid for an appraisal requested by the mortgage broker that was done in April. I applied for a $265,000 mortgage for my house, which had an appraised value of $302,000. The interest rate on my... [More] Avoiding capital gain is complex but doable Question: I would like to know if it's possible to sell my rental property (out of town, 20 acres with a house) and divide the profit and reinvest in two rental houses near my home in Lynnwood without paying capital gains. [More] Survey before you buy property Question: Over a year ago, I purchased a piece of property listed at 5.5 acres. The legal description has no measurements and says basically, this property lies from the road to the section line. I signed a form that says the real estate people are... [More] Refinancing? Weigh all the factors Question: My husband and I own a home in Everett free and clear. We also own a home we rent out in Richland, which we purchased in November 2005 on a 30-year mortgage at 6.75 percent interest. We owe approximately $167,000 on the rental home. My... [More] Qualify for loan, then pick a house Question: Now that housing prices have dropped and mortgage rates are low, we have decided that we are finally ready to buy a home. What do we do first, where do we start? [More] Quitclaim deeds can have excise tax implications Question: What are the tax consequences of a quitclaim deed on the recipient? We want to give our house to our youngest daughter and continue living in the house until we die, paying for the property taxes, upkeep, etc., but not owning it any more. [More] House paid off? What you need to check to be sure Question: I recently was able to pay off my house a few years early (yippee!). I received the final notice from the mortgage company, complete with Snohomish County stamps indicating that they had recorded the payoff. I checked with Snohomish... [More] |
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