We're in a real estate depressions and homeowners continue to be in trouble. The housing market may not seem like the most stable place to put your assets, but it's still your most important investment. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show June 10, [...]
A short sale may stop you from buying a new home for several years, as well as hurting your credit history and credit score. Q: We are saving to buy a second home to find better schools for our kids and because we are 50 percent upside down in our current home. We plan to [...]
Loan modification may stop the foreclosure for homeowners who own half a house built on two parcels of land. Q: I was in foreclosure and my home was ready to go on the auction block when I notified the sheriff’s office that they were selling half a house. My loan is owned by one of [...]
A refinancing mistake may cause problems with a lender. Save all mortgage and refinance documents and carefully review them to avoid refinancing mistakes. Q: Our lender purchased our mortgage in 2003. Even though we own 35 acres of land, we have had only a two-acre cutout involved in the home mortgage for the more than [...]
Recession is coming again. Don't let the presumed end of the Great Recession in 2009 fool you. Horrible housing market numbers from the National Association of Realtors and deplorable news in unemployment predict more instability for the economy. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink [...]
Foreclosure news April 2012 from CoreLogic reveals another rough month for home owners and the housing market. Since the housing bubble burst in 2008, over 3.5 million Americans have lost their homes. The $26 billion mortgage settlement implementation may make a bad situation worse. CoreLogic, a major provider of housing market data, released a monthly [...]
Why real estate is a good investment despite rough times for the housing market the last few years. Also this Memorial Day, we discuss why everyone is so upset about the Facebook IPO. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show May 27, 2012 on [...]
Real estate fraud or a foreclosed property scam may be the reason why these homeowners cannot buy property they had a verbal agreement to buy. Q: We live in a very rural part of Florida. The property next to ours had a mortgage that was owned by Bank of America. The property, which was completely [...]
A real estate investment trust (REIT) could be a good investment if you are looking to invest in property, but don't want to be a landlord Q: I have been listening to your show through iTunes and have learned a lot over the past few weeks. Thank you for the information you share. After listening to [...]
