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It's not a gift, it's an investment

By Jack Guttentag, Monday, September 17, 2007.

Gifts of equity within the family are common. Parents often provide the down payment on their child's first home purchase. Many parents, however, can't afford a sizeable gift -- among other things, they may be concerned about the adequacy of their assets for retirement. Yet they might welcome an opportunity to help their children if it took the form of a reasonably safe investment yielding an adequate rate of return.  more...

Should I postpone selling my home?

By Dian Hymer, Monday, September 17, 2007.

According to the media, now is one of the worst times to consider selling a home. However, although the national statistics don't paint a rosy picture, some sellers are finding success in this market. It all depends on what you have to sell -- house or condo, where it's located, what kind of condition it's in, and how well it's priced for the market.  more...

Home rebuilt after fire could be worth more

By Robert Bruss, Monday, September 17, 2007.

DEAR BOB: We just had a major house fire with approximately $165,000 paid by our homeowners insurance company for repairs. Before the fire, the house was worth about $250,000. The house was completely redone with new wiring, plumbing, heat, air conditioning, drywall, carpeting and a new kitchen. It was basically gutted inside and out. What effect will this insurance claim have on my resale value? If I were a buyer, I wouldn't be interested in this home. However, as the owner I know the house is actually like new.  more...

 
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