A new round of mortgage-backed securities lawsuits are making their way through the system. Mortgage lenders are charged with improperly reselling mortgage loans as shoddy investments. The housing market continues to try to make its way back. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show [...]
Trying to find great investment properties requires careful planning and research. The location and amenities of your home are important in deciding whether or not it will be an asset. Q: First off, I love all of your greatly informative articles and blogs. Thank you for providing the public with such useful information. I was curious to [...]
Choosing a real estate listing agent can be tricky. Sometimes a discount agent or fixed price agent can work just fine. Q: A fixed price real estate listing company is an advertiser on your radio show. I accept advertising for what it is. However, I do respect your opinion and really wonder if you would [...]
When the bank is stalling your short sale, there may not be much you can do to make the process go quicker. However, most banks realize that taking a short sale offer is better than the foreclosure process. Q: My husband and I purchased a home in 2006. But I lost my job in 2010, drained [...]
When calculating your property cost basis, it is recommended you speak with an accountant to correctly determine the purchase price between the land and home. Q: We purchased a single 22-acre parcel in late 2004. In order to refinance this year, we had to split the single parcel into a 4-acre parcel that contains our [...]
Foreclosure paperwork scandals continue to rock homeowners and the housing market. The Atlanta Journal-Constitution published a story of one specific mortgage loan case today. And usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show on December 2, 2012 at 11:00am Eastern Time on WSB Radio. We're almost at [...]
If your house is damaged by a fire, the first step is to talk with your insurance company about what will be covered under the policy. Q: I recently inherited my sister’s home that was badly damaged by fire and smoke. I do not want to keep the house. What is the best way for [...]
To check for an IRS Property Tax Lien, you can use the Internet. Each state's method of filing IRS tax liens will differ slightly. Q: How can I check for an IRS property tax lien using the Internet? I am housebound and can't get to the county courthouse. A: While you might not be able [...]
If you don't qualify for any loan modification programs and have an underwater mortgage, you might not want to walk away but instead consider a short sale. Q: I have been forced into retirement as I can't find a job with my skills inventory. That means I have to live on a fixed income of [...]
