We all know how it feels to return home from a great vacation wishing you could go back more regularly. It's not uncommon to dream of buying your own vacation home in a location that has provided your family with great pleasure. Given today's market conditions and dropping home values, this dream is within reach for [...]
Where Are the Jobs? on the Ilyce Glink Show July 10, 2011: Barron's titles it, "The Horror Story." The Wall Street Journal has labeled the situation, "The Jobs Double Dip." But if you are one of the 9.2 percent of Americans who are "officially" unemployed (the U-6, a comprehensive gauge of labor underutilization, puts the [...]
How does probate work without a will? The purpose of probate is to distribute assets and debt, if there is no will, the estate may not need to go through it. Q: What happens, if a person passes away and no one files probate because the estate has no assets? Do any of the deceased [...]
Q: We are closing on a house next week. It's a short sale in a nice neighborhood at a huge discount. All the papers are in order. The deal went smoothly but took 8 weeks. The seller’s bank wants a copy of the appraisal from my lender that I paid for. The seller’s lender is [...]
I’ve been hearing lately from homeowners who are preparing to list their homes for sale. They know the market isn’t great, but they’ve been waiting for a year or two to move on with their lives (this is known in the industry as “pent-up demand”) and have decided to go for it. Whether your home [...]
Q: My job is relocating out of Atlanta about a year from now. I have contacted three real estate firms in the Forsyth county area where we live, but they are not taking listing. I have no idea what the reality is of selling a home in this market and do not know what properties [...]
Jobs and the Economy with Ilyce Glink on the Clark Howard Show July 7, 2011: It's midsummer and there's been somewhat of a welcome slowdown in the news cycle. That said, there's still plenty of talk about jobs and the economy. The Labor Department released its monthly jobs report and there was finally some good [...]
The Federal Housing Administration (FHA) provides mortgage insurance on loans made by FHA-approved lenders throughout the United States. These mortgages include those taken out for the purchase of single family and multifamily homes, including manufactured homes and hospitals. The FHA is the largest insurer of mortgages in the world. FHA mortgage insurance protects lenders against [...]
Mortgage News and Air Travel Security with Ilyce Glink on the Clark Howard Show July 6, 2011: This week, the Justice Department announced that it is suing the nation's largest mortgage insurance company, and two of its underwriters, alleging discrimination against women on maternity leave. Mortgage Guaranty Insurance Corporation (MGIC) allegedly required women on leave [...]
Fourth of July Weekend on the Ilyce Glink Show July 3, 2011: Happy Fourth of July weekend to my entire listening audience! I've just returned from Europe and I've got some great information for you if you're planning a trip to the Continent. Do you know there's actually a place in Paris where you can [...]
