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 [...]
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 [...]
Tips on How to Find a Commercial Real Estate Lender Here are a few tips on how to find a commercial property 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 [...]
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 [...]
