For decades, the single-family residence has been the favored investment for buyers who wanted to purchase and occupy a property. Condos were looked at as a poor second choice. Some ownership rights are given up when you buy a condo. Also, you own parts of the complex with other people with whom you or may not get along. With a house, you're the sole owner and ruler of the roost.  more...

DEAR BOB: Although we are not in the market to buy or sell a home, we look forward to your articles because you often discuss home ownership. As we are ages 56 and 58, we are anticipating retirement in a few years. My question is about the best way to hold title to our home. We hold title as joint tenants with right of survivorship. But you recently got us worried about what if we both die at the same time, such as in a plane crash. Neither of us has a written will. We have two adult children who are our heirs.  more...