With housing values continuing to fall and mortgage interest rates at record lows, this has to be the best time in decades to buy a property – if you have the cash and credit to get to the closing table. In the latest set of numbers, the National Association of Realtors reported that more than [...]
Q: My wife and I live in a loft condo complex that we purchased in 2006 for $270,000 with a zero down 5/1 adjustable rate mortgage (ARM) at 6.25 percent that is set to expire next month. There have been several foreclosures in the building and the units are only appraising for $180,000 to $200,000. [...]
The unemployment rate in America is one of the top issues facing our country. It was last reported at 9 percent in April of 2011. While this is something that the president and government are focused on, they are working on job growth as a solution for getting America back to work. Job growth and [...]
Mike Rowe, host of the Discovery Channel’s TV program Dirty Jobs with Mike Rowe, testified before the Senate Commerce, Science and Transportation Committee’s hearing on “Manufacturing Our Way to a Stronger Economy” on May 11, 2011. Rowe spoke in support of U.S. manufacturing jobs and the Association of Equipment Manufacturers’ (AEM) “I Make America” campaign. [...]
Q: My husband, our two-year old daughter and I have been living in a home for a year. We used to live in a high rise condo in a nearby city, and that property has been up for sale for over a year. I'm the listing agent as well as the owner and we currently [...]
Q: I have a question and I can't seem to find the answer on the Internet. Perhaps mine is not a common situation. I own a single family home that I rented out. The house was too big for me. Now I live in an apartment that I pay rent for. Is the rent I [...]
Save Money Every Day on the Ilyce Glink Show May 15, 2011: The decisions you make every day about how you spend your money will dictate how wealthy you are later in life. The genesis of this show came from the nearly 10,000 miles I've logged in the past few weeks speaking to thousands of [...]
Jobs, Unemployment and the Spring/Summer Housing Forecast on the Ilyce Glink Show May 8, 2011: U.S. nonfarm payrolls jumped 244,000 in April, well ahead of expectations. But the official unemployment rate jumped from 8.8 percent to 9 percent. Why? This week, President Obama took on Big Oil by talking about how super-high gas prices are [...]
This Week's Segment with Mark Teytel: Foreclosure and Short Sale Expert GetOutStartOver.com Brett called into the show this week while driving around looking at houses. He found a short sale he likes. The neighborhood is perfect. The only problem is that the seller is not behind on his payments and owes more than what the [...]
Thinking about how to teach your kids to save money? That's how we kicked off today's Ilyce Glink radio show. I shared a story about how we would give our kids a fixed amount of money when we'd go on vacation. If we gave the kids $20, they learned quickly that if they spent all [...]
