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Parents: This “Shortcut” to Leave Your Home to the Kids Could Cost Them a Fortune
Want to leave your house to your kids? Do it the right way, or you could hand them a massive tax bill. The mistake To avoid probate court, some families have the parents sign a quitclaim deed that turns the home over to the kids before the parents die. It feels smart. It’s one of…
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Home Warranties: Pay Now, Find Out Later What’s Covered
I have a basic problem with home warranties on used homes. It’s simple: they don’t cover anything. Let me explain. How it plays out Say you pay a $900 premium. It’s based on the home having 10 appliances plus a furnace and central AC. A few months later, your dishwasher dies. You call the warranty…
The Troubleshooter Archive
REAL ESTATE
