Deciding between a full service versus a flat fee real estate agent can be a tough choice - each has potential drawbacks. Q: What is your opinion of the flat rate listing vs. the traditional “full service” listing agent? We listed our previous home with a flat rate listing service about ten years ago but [...]
What happens when mortgage rates rise? What are the long-term effects on homeowners and the housing market? Mortgage loan rates are at an all-time low but they can't stay that way forever. And usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show on November 25, 2012 at 12:00pm [...]
Here are a few tips on how to find a commercial real estate lender and other ways to get financing if you are denied a home loan. Q: I have been investing in real estate since late 2009. My business partner and I have accumulated eight single family homes, all held in a limited liability [...]
When trying to sell an upside down condo or underwater home, consider all your options and how short selling or foreclosing you property could affect your credit. Q: I currently own and live in a condominium. But I want to sell my condominium and buy a house. But because I'm upside down in my condo, [...]
Fixed mortgage interest rates dipped to new lows for the second consecutive week, according to the latest data from Freddie Mac. Low fixed mortgage interest rates are keeping borrowing costs down and home affordability high, but also indicate the housing market is struggling as it continues to make a sluggish recovery. Frank Nothaft, vice president [...]
Helping your children pay off their mortgage can cause problems, and you need to consider if helping is truly in your child's best interest. Q: My son in-law walked away and left my daughter with no job and no money. They are not delinquent on their house payments as of now but will be next [...]
Mortgage interest rates hit record low again. Homeowners, have you refinanced your mortgage loan? And Alan Abelson of Barron's shows us the real effects of the fiscal cliff on taxes taxes and American families. And usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show on November 18, 2012 [...]
Changes to the Georgia Sales Tax Policy in 2012-2013 will help recover millions of dollars lost from the state's inefficient tax collection of e-commerce and out-of-state sellers. Bill Nemeth, partner at Tax Audit Guardian, explains the changes to the Georgia Sales Tax Policy for 2012-2013 as described below. Current Georgia Law The current Georgia law [...]
Mortgage rates today are at record lows - doing an FHA streamline refinance could help lower your mortgage interest rates. Q: I obtained a 15-year fixed FHA home loan early last year with an interest rate of 3.75 percent. I have about 13 years to go on the loan. I've been told FHA streamline refinances [...]
