ArcaMax

Q: We live in a small, self-managed townhome association in Illinois. The association hired an outside accounting firm to coordinate the financial matters of the property, including the issuing and collection of fines for ...Read More

Realtor.com published a study recently that found the typical household needs to earn $114,000 in order to buy a median-priced home. That’s up 70.1% (a $47,000 increase) from 2019, according to the Realtor.com® April ...Read More

Q: In 1963, we bought a home for $17,900. We sold it a few years later for $19,500. That’s when we bought our present home for $30,000. We are now selling it for around $300,000. Will we have to pay taxes on the sale?

A...Read More

Q: Our granddaughter purchased a first-floor condo in a 30-year-old building last year. After living in her condo for about one year, she noticed round black marks on her knife block in her kitchen. She then began finding ...Read More

Q: Enjoy reading your columns every week. I know you have addressed probate many times in your columns, and I understand the purpose of it.

My wife and I disagree on something. We do have a trust set up, and our house is ...Read More

Q: Our mother and father took out a reverse mortgage years ago. There is no equity in the property. Our mother died several years ago and our father passed away recently. We contacted the company that administers the ...Read More