What are your mortgage options after divorce? Try signing a quitclaim deed and refinancing the mortgage so only the homeowner is responsible. Q: If my spouse said in our divorce mediation that our marital home would be her sole and separate property and that she would be solely responsible for the costs and expenses of the [...]
What will happen in three weeks regarding election and the economy? Whether Mitt Romney or Barack Obama is voted in, there's the small matter of the fiscal cliff to resolve. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show on October 14, 2012 at 11:00am Eastern [...]
Ilyce Glink show notes from her October 14, 2012 show on WSB Radio discuss the impact of the coming Presidential election and the economy. I am about to say something controversial: it doesn't matter who gets elected because we're not done with the hard times. Despite all the good news out there, I firmly believe [...]
If you have a condo or home that is deeply underwater, you have some options including paying off your mortgage, short sale or foreclosure. Q: With all the creative geniuses in the U.S., like Bill Gates, Mark Zuckerberg, and the Google guys, why is there not even one innovative, out-of-the-box genius to help people like [...]
If you have two mortgages, it is possible for the court to dismiss the second mortgage in a Chapter 7 bankruptcy filing. Q: My Chapter 7 bankruptcy was discharged this spring. My attorney had me reaffirm my primary mortgage prior to filing the Chapter 7. He said this would be necessary in order to ask [...]
If you are living in a home purchased by a family member, but are making the mortgage payments, transfer the ownership of the home. Q: Eighteen years ago, my husband’s aunt bought a house for us to live in. The payments and deed are in her name, however we make the payments, including insurance and [...]
Can you trust a company that is offering to rent your home in exchange for purchasing a new home? This deal may not make financial sense. Q: I just read an article in my local paper about a company that offers a service that guarantees the rent of an existing home for three years (and [...]
How long will interest rates stay low? Mortgage interest rates will stay historically low for the next three years. You can stop worrying that you’re going to miss these historic low interest rates. They’ll be around for at least another three years. The Federal Reserve announced Thursday that it would keep the Federal Funds rate [...]
