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Interest-rate volatility expected in '06

By Lou Barnes, Tuesday, January 3, 2006.

"Inversion" is the word blaring from all financial outlets in these holiday weeks. Ignore this word!  more...

How to find past market value of a property

By Robert Bruss, Tuesday, January 3, 2006.

DEAR BOB: How can I determine the market value of my house at the time my husband died in 1987? I am thinking of selling it and need the stepped-up basis, as I was the surviving joint tenant. Now I am 81 and would like to do the search myself and have the time to do it so I can save money --Ines A.

DEAR INES: I understand your desire to save a few dollars but determining your home's "stepped-up basis" is not a job for an amateur.  more...

Smelly water heater means gas buildup

By Barry Stone, Tuesday, January 3, 2006.

Dear Barry,

My vacation home sits vacant for several months at a time. When I return, the water always has a strong sulfur smell, like rotten eggs. What could be causing this problem? Is it unsafe, and how can I keep it from happening? - Patrice

Dear Patrice,

Water heaters contain a specialized metal rod known as a sacrificial anode. Its purpose is to absorb the corrosive effects of the water and minerals, and thereby prevent deterioration of the water tank. Gradual deterioration of this rod produces small quantities of sulfur and hydrogen gases.  more...

Book exposes little-known real estate foreclosure facts

By Robert Bruss, Tuesday, January 3, 2006.

"The Complete Guide to Investing in Foreclosures" by Steve Berges is not just another book about how to buy and profit from foreclosure properties. This one is different because it reveals important but little-known foreclosure facts, such as how to locate and buy FHA-HUD foreclosures in virtually any county, how to invest in and finance VA foreclosures, and how to estimate the profit potential for each foreclosure purchase.

Author Steve Berges is owner of a home-building firm that builds new houses and renovates foreclosure properties.  more...

 
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