Try-Mor residents in limbo [South Florida] For almost a year, Carol Kuebler has lived with the uncertainty that has become all too familiar for those living in mobile home parks throughout Florida. It’s the unsettling question, “Who’s going to own our park tomorrow?” But for Kuebler, that uncertainty now carries a sense of urgency.
Category Archives: Legal
Gifting real estate may escape taxation
Gifting real estate may escape taxation DEAR BOB: My son and his wife live in a free-and-clear house I own. He pays utilities and maintains the property. He proposes I add both their names to the title so that in 24 months we can sell the property and he would then purchase in his name …
Lending a Hand
Lending a Hand: Many benefits of interest-only mortgages There has been way too much negative press over mortgages that have the option to pay just the interest each month. In the first place, the very term “interest-only” is a misnomer. The implication is that such borrowers can only pay the interest that is due each …
Consequences to co-signing mortgage catch some by surprise
Consequences to co-signing mortgage catch some by surprise DEAR BOB: My parents divorced in 1995. The judge gave the house to my mom, but she had to either sell it or keep it and refinance the mortgage. She wanted to keep the house. But she couldn’t refinance because her debt-to-income ratio was too high. So …
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Renters say they’re forgotten Katrina victims
Renters say they’re forgotten Katrina victims Like thousands of low-income people trying to stay in New Orleans, Russell Frays is worried about how he’s going to pay the rent. “We’re trying to figure it out, but we’ll have to make some adjustments,” he said. Congress has approved billions of dollars to help Louisiana homeowners who …
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Owner seeks way to regain possession of rental
Owner seeks way to regain possession of rental DEAR BOB: I gave my tenant the required notice to move, confirmed with a receipt of notice. She agreed to move out. But the unit is now locked, no one is there, and her car is parked in the driveway. I phoned several times, but no reply. …
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