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U.S. lenders aren't racing to capture Canada

By Tom Kelly, Wednesday, February 28, 2007.

While U.S. mortgage lenders are heading south of the border to finance real estate in Mexico and Central America, the push to penetrate the Canadian mortgage market is considerably cooler -- even with the 2010 Olympic Games in Vancouver just around the corner.   more...

Health concerns of pressure-treated deck

By Bill and Kevin Burnett, Wednesday, February 28, 2007.

Q: My husband and I installed a pressure-treated deck about 15 years ago. We did not know then what we know now about the chemicals and carcinogens that were used in the manufacturing process. We installed a second redwood deck on a back portion of the house about eight years ago. We're now interested in tearing out the pressure-treated deck and replacing it with redwood for one consistent look and maintenance plan. Our questions are:

1. Is there any risk involved to people removing a pressure-treated deck? Should workers wear protective gloves or masks?  more...

Setback in wheelchair-access lawsuit

By Robert Bruss, Wednesday, February 28, 2007.

Plaintiff Brenda Pickern is a visually impaired and mobility-impaired woman who depends on an electric wheelchair for transportation. Pier 1 Imports Inc. operates its store leased from the Siegmund Weinstock Family Trust.

The store is separated from the street by a long strip of land containing a public sidewalk and a 10-foot-wide grassy berm. There is no access ramp connecting the sidewalk to the store's parking lot. Both the public sidewalk and the grassy strip are owned and maintained by the city.  more...

Gifting real estate not recommended

By Robert Bruss, Wednesday, February 28, 2007.

DEAR BOB: About a year ago, my elderly mother deeded to me her home and two rental properties I manage for her. Her attorney handled the quitclaim deeds and the recordings. Mother died in October 2006. When I talked to my mother's tax accountant he said, "It's too bad your mother deeded the titles to you. If you had inherited those properties, you would have a new stepped-up basis of market value and you would owe practically zero tax when you sell them shortly after her death." Is this true I don't get a new stepped-up basis? --Ellen H.  more...

 
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