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Home inspectors face ethical dilemma with referrals

By Barry Stone, Tuesday, May 2, 2006.

Dear Barry,

I am a newly certified home inspector and have a question that involves professional ethics. When I attended home inspection school, my instructor told the class that we should not be "deal-breakers," or real estate agents would not refer us to their clients. I thought that home inspectors were supposed to disclose substandard property conditions and other serious defects for the benefit of home buyers. How can we perform this function in a competent and ethical manner without losing the support and recommendations of agents?  more...

Homeowners with extra cash cautioned about paying off mortgage

By Robert Bruss, Tuesday, May 2, 2006.

DEAR BOB: My husband and I owe about $57,000 on our home mortgage at 6.75 percent interest. We have that amount in a money market account, which only earns around 4 percent interest. I think we should take that money to pay off our home loan and never have to worry about mortgage payments again. I am 58 and my husband is 56. He took an early retirement buy-out from his employer, but I still work as a legal secretary because I enjoy getting out of the house each day. Do you think we should pay off our mortgage now?  more...

New book reveals pros and cons of flipping houses

By Robert Bruss, Tuesday, May 2, 2006.

If you are a serious real estate investor and want to learn the pros and cons of quick sale property profits, there is no better book than "Flipping Properties, Second Edition," by William Bronchick, Esq., and Robert Dahlstrom.  more...

 
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