Is it time to refinance your mortgage again, even if you have recently refinanced? Maybe. Q: I was listening to your radio show on Sunday and after what you said about your mortgage, I'm thinking I should refinance again. My house appraised at about $400,000, and my mortgage balance is about half that on a [...]
Tax incentives and tax deductions for real estate investors is suggested to be the cure to the housing market meltdown and the problems in the commercial real estate market. Q: With the U.S. real estate market still at death’s door – and the prospect of a “triple dip” for commercial and residential prices a very [...]
Low balance loan may be difficult to refinance particularly when you have had the loan for some time. Q: I owe $58,000 on a conventional loan that has 11.6 years left. I was wondered if it is a good time to refinance or should I keep what I have. My interest rate is 5.7 percent. [...]
Merry Brodie and Bill Nemeth on the show. 2011 Tax Questions Answered. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show November 13, 2011 on WSB Radio. As 2011 winds down, this week's show was dedicated to giving listeners an opportunity to have their tax questions [...]
Today, we're answering your tax questions on the Ilyce Glink Show. We have 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 (4GAEA.org). What is an Enrolled Agent? Here's a summary from [...]
When you sell a Second Home, you may not get the tax advantages unless the home was an investment property and can defer capital gains. Q: We are considering selling a second home to find another one closer in proximity to our permanent home. We do not want to sell until we find another house [...]
Homeowners underwater may find some limited help with the new Home Affordable Refinance Program or HARP 2.0 started by the government. Ilyce Glink appeared on Seattle, Washington radio station KOMO Newsradio's program Consumer Notebook to discuss HARP 2.0 program changes that could help homeowners underwater qualify to refinance their mortgage loan. I appeared this week on [...]
Bank Fees and ATM fees are driving consumers crazy. Ilyce Glink appeared on Morningstar with host Christine Benz and discussed that people underestimate the complications involved in switching financial institutions. Ilyce cautioned viewers: think twice before ditching your bank. Major financial institutions like Bank of America, Chase and others have recently backed away from unpopular [...]
Julie Stav on the show. Mortgage interest Rates and the Bailout of Greece. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show November 6, 2011 on WSB Radio. Greece - what a country! The nation's Prime Minister George Papandreou was set to put the proposed Eurozone [...]
Q: I just heard Ilyce on the radio talking to a listener about a house he was purchasing from his parents. She said that he would have to pay private mortgage insurance (PMI) if the appraisal came back and showed he was above the 20 percent equity threshold. I just bought a foreclosure here in [...]
