You may not get a principal reduction during loan modification. A principal reduction would not wipe out fees and interest from your loan. Q: My lender told me I do not qualify for principal reduction on the loan I have with them. I contend that I am not asking for principal reduction but, rather, I [...]
Keep climbing your financial ladder and be conservative with your cash and investment, no matter what the stock market says. People are still losing jobs. Save money. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show August 5, 2012 on WSB Radio. Did the economy actually [...]
The stock market market bubble is once again a reality. Will you lose your shirt through stock market investment for the second time in a decade? Also the WSB Radio Care-a-Thon 2012 was a huge success, raising $1.5 million in cash to help fund family support services, research and the fellowship program at the Aflac [...]
Live at the WSB Radio Care-a-Thon 2012 raising cash to help fund family support services, research and the fellowship program at the Aflac Cancer Center. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show July 27, 2012 on WSB Radio. You won't hear me this hour [...]
Homeowner's insurance generally does not cover damage to land, landscaping or concrete, but getting land coverage is often not necessary. Q: I recently changed insurance agents. My last one was more elusive than Big Foot. The new one is telling me I am over-insured because my land or lot is also insured and doesn't need [...]
If you don't qualify for refinance, you may be stuck with the property - a strategic default on rental property will lead to foreclosure. Q: My question is regarding a strategic default on a rental property. As with almost all homes, my townhome is underwater by approximately $100,000. I live in Maryland and my wife [...]
Live at the WSB Care-a-Thon 2012 raising cash with Walter Reeves, author of the Georgia Gardener's Guide, to help fund family support services, research and the fellowship program at the Aflac Cancer Center. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show July 26, 2012 on [...]
Think before you buy into the housing market. Investment in property is more attractive than ever due to low mortgage loan interest rates and decreased home value - but you have to be careful. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show July 22, 2012 [...]
Ilyce filled in for Mike McConnell Tuesday morning on WGN Radio 720, where she talked politics, Mitt Romney’s slam on Chicago, the effect of the drought on corn and on the economy and answers your questions about the housing market and refinance. In the first hour, Ilyce defends "Chicago-style" after Romney slammed the city’s culture [...]
There are less underwater mortgages than last year, but foreclosures are still rising as the housing market struggles to regain lost equity. There was good news and not so good news about foreclosures this week. According to the latest numbers from RealtyTrac, a total of 1,045,801 U.S. properties experienced a foreclosure filing — including default [...]
