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Buyer wants to extend closing, Choosing appliances for a new build

Dear David, I sold my triplex a few months ago; it’s supposed to close shortly. The same agent represented both sides. The agreement stated that the property had to be vacant (which created extra costs for me). Now the buyer wants to extend closing for a month while I lose rental income on the empty

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Title Insurance, Capital Gains on a Quick Sale

Dear David,  I read your recent column about title insurance, which I purchased when I bought my home years ago. The value of my property has probably increased 2 to 3 times. Should I get new title insurance, or will my policy account for the new value? – PLAYING IT SAFE DEAR SAFE: Thankfully, this

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Severing an existing lot, hidden condo fees?

Dear David, I’m thinking of buying a run-down residential home on a half-acre lot. I would like to sever it into two lots, sell one of them, and renovate the home. What’s involved and is this advisable? – BIG PLANS DEAR PLANS: The short answer is that you’ll need to do your homework, starting at

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Buyers who refuse all offers, deductions for rental property

Dear David, We tried to buy a home in a multiple offer situation and went in at full asking price with no conditions. The seller reviewed all offers and found that ours was the best, but then refused all offers in hopes of getting over asking price in the future. When is an offer to

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