The 2012 Presidential election is coming, but can either candidate help us avoid falling off a fiscal cliff? Will we fall into Great Recession Part 2? And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show on September 30, 2012 at 12:00 Eastern Time on WSB Radio. [...]
Ilyce Glink show notes from her September 30, 2012 show on WSB Radio predict Great Recession Part 2. Recession is coming. I know I've been saying this to you, but I can tell from your emails that some of you aren't listening. For some of you, it's 2007, and everyone is buying stuff - houses, [...]
Creating vision is the key to your success in investment and the housing market. Are you renting a home? Facing foreclosure? You need a roadmap to get you where you need to go. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show on September 23, 2012 [...]
The stock market rises again. What does this mean for homeowners and the housing market? Can this growth continue in the face of persistent unemployment and other economic ills? And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show on September 16, 2012 at 12:00 Eastern Time [...]
A divorced couple should sign a promissory note for the full amount owed. If one ex won't sign, that partner should quit claim the interest. Q: I have heard you speak many times on WGN radio and last year you were kind enough to respond to an email question regarding foreclosures. Here is another true [...]
The government cannot "steal" an investor's 401k and brokerage account assets in order to pay off debt. These are investment misconceptions. Q: On Ilyce’s radio show this past week, she took a call from someone who asked what worries her about the economy. She talked about the upcoming presidential election, among other issues like the [...]
A person can help pay his monthly bills and avoid over-extension by going into foreclosure, doing a short sale or considering bankruptcy. Q: I will try to make a long story short. I have credit card debt of about $12,000, a car loan of $20,000 and a ton of mortgage loans. I owe $156,000 on [...]
Mortgage interest rates are at historic lows during economic and political uncertainty. When the world's economies stabilize, mortgage rates may rise. Mortgage interest rates dropped again this week, hovering near all-time lows, according to the Freddie Mac weekly primary mortgage market survey. This week, the 30-year fixed-rate mortgage averaged 3.55 percent, with an average 0.7 [...]
Homeowners may qualify for the Home Affordable Refinance Program (HARP) if they fail to get a HAMP (loan modification) from their lenders. Q: Long story short, my house is underwater. I am currently talking to my mortgage company for a HAMP or HARP. I collect Social Security disability as my only source of income. My [...]
Prevent further hurt to your credit history and credit score by continuing to make mortgage payments to your bank during a short sale. Q: I lost my job in Atlanta, but I have been offered a position in another state. I am currently working with a real estate company trying to sell our home. I [...]
