Spouse has questions about living trust DEAR BOB: Our house is owned under my living-trust name. If I survive my husband, will the basis for the house be stepped up to market value as of the date of his death? Should I add my husband’s living trust to the deed? –Eliza W. DEAR ELIZA: If …
Category Archives: Real Estate
Attorneys in foreclosure case return to court [Baltimore]
Attorneys in foreclosure case return to court [Baltimore] Lawyers for Kwaku Atta Poku, a Columbia taxi owner who lost his townhouse to foreclosure and eviction through no fault of his own, are back in court seeking help for him. They asked the Maryland Court of Appeals to rule whether it was right for the Court …
Continue reading “Attorneys in foreclosure case return to court [Baltimore]”
Property Taxes
Property Taxes While most Florida homeowners are itching for a break on their property taxes, Fisher Island’s wealthy residents have been getting breaks for years. Residents of the exclusive island at the foot of South Beach have gotten accustomed to challenging the property appraiser’s assessments before the Miami-Dade County Value Adjustment Board —and saving big …
Boca condo faces foreclosure [South Florida]
Boca condo faces foreclosure [South Florida] In the clearest sign yet that the region’s real estate boom has ended, Miami-based Ocean Bank confirmed Wednesday that it has filed a $50 million foreclosure action against the developers of a Boca Raton condo conversion. The foreclosure may be the largest filed in Palm Beach County since the …
Continue reading “Boca condo faces foreclosure [South Florida]”
Selling a home short can stave off foreclosure
Selling a home short can stave off foreclosure Danielle Merriweather added up all the numbers, and they didn’t look good: * The mortgage was $1,162 a month. * The winter gas bills ran $500 a month. * She had four children to care for. * And little money was coming in after the young mother …
Continue reading “Selling a home short can stave off foreclosure”
Puig’s bankruptcy may be one of many more to come [South Florida]
Puig’s bankruptcy may be one of many more to come [South Florida] Condo converter Puig Inc. is a casualty of the housing downturn. Some think the Hialeah company’s bankruptcy may be one of many more to come. Since South Florida’s raucous real estate party ended, the hangover has taken different forms — sales plunging, foreclosures …
Continue reading “Puig’s bankruptcy may be one of many more to come [South Florida]”