Q: I have a fairly complicated situation but I'll make it as simple as possible. I have some debt and I'm wondering how to prioritize it. I have a second loan from a past foreclosure for $32,000. I have been negotiating with the bank (through my attorney) and the settlement price has come down to [...]
Q: This isn’t really a question. I just figured that you seldom find out how situations you're asked about actually turn out, so I want to tell you about mine. A couple of years ago I asked you if it mattered that my name was spelled wrong every year on my property tax assessment notices. [...]
Q: The Hope Hotline is for people who are trying to avoid foreclosure, not refinancing. We are not able to direct the people to any lender for assistance with HARP! You need to advise your readers and radio show listeners to wait for approximately a month to allow the lenders to get their systems in [...]
Q: How do we decide if we should do the remodel or not and how much to ask for our house? If we haven’t found a house yet, when should we put the property up for sale? My husband and I (and our two boys age 6 and 9) would like to move. We bought [...]
Last minute tax tips for the 2012 tax filing season. The IRS is offering Free File this year which may allow homeowners and other tax payers to file electronically at no charge. We're now just one week out from the IRS' 2012 deadline of April 17 for the filing of personal income tax returns. And [...]
It's Easter Sunday with taxes due in just nine days. My guests this week include Enrolled Agent and owner of Brookwood Tax Service, LLC, Chet Burgess, Merry Brodie, an Enrolled Agent and owner of several Jackson Hewitt Franchises in the Atlanta area, and Bill Nemeth, an Enrolled Agent who is president of the Georgia Association of [...]
I'm off this week! Enjoy an encore presentation from the March 11, 2012 Ilyce Glink Show. With plenty of resistance from the Federal Housing Finance Agency (FHFA), the question this week when we consider real estate 2012: will banks finally mark to market? Is principal reduction finally on the way for struggling homeowners? And as [...]
Foreclosure news February 2012 from CoreLogic indicates a decrease in completed foreclosures versus January of this year. However the housing market crisis continues for many homeowners as indicated by the numbers of homeowners who are falling behind on their mortgage loan payments. This week, housing market analytics provider CoreLogic released a report on foreclosures for [...]
The 2012 tax season is in full swing. My guests this week include Enrolled Agent and owner of Brookwood Tax Service, LLC, Chet Burgess, Merry Brodie, an Enrolled Agent and owner of several Jackson Hewitt Franchises in the Atlanta area, and Bill Nemeth, an Enrolled Agent who is president of the Georgia Association of Enrolled Agents. [...]
Cancelling Credit Cards to Get Cash Out Refinance. You have an excellent credit score, great credit history, plenty of equity, and yet lender wants borrower to cancel many of his credit cards to qualify for a refinance. Q: I have a situation in my mortgage refinance process and need your advice. My lender wants me [...]
