Before you sign with a real estate broker or salesperson to buy a home, make sure you understand the agreement and you know the fees and the term involved. If you are not committed to working with a specific broker to buy a home, don't sign an agreement to work with him or her.
If you are in the process of being divorced, think twice before using a quit claim deed to convey the interest in your home to your spouse. If you think that getting rid of the home will be enough to get rid of your obligation to pay the mortgage on the home, you'll be wrong and may be sorry.
Ilyce Glink Show Notes - Memorial Day Weekend. How to find the value in a stock or bond certificate? Should you refinance? Should you convert your IRA to a Roth IRA? Should you use a Roth IRA to save for college tuition if your 529 plan isn't giving you the desired results. Introducing the new EQUIFAX PERSONAL FINANCE BLOG and why it's a great, free resource for you. FREE BOOKS and new ebooks and podcasts from our latest events. SPECIAL OFFER on Buy, Close, Move In! for REALTORS AND LENDERS.
Ilyce Glink Show Notes - Memorial Day Weekend. How to find the value in a stock or bond certificate? Should you refinance? Should you convert your IRA to a Roth IRA? Should you use a Roth IRA to save for college tuition if your 529 plan isn't giving you the desired results. Introducing the new EQUIFAX PERSONAL FINANCE BLOG and why it's a great, free resource for you. FREE BOOKS and new ebooks and podcasts from our latest events. SPECIAL OFFER on Buy, Close, Move In! for REALTORS AND LENDERS. Read Ilyce's Blog for more show notes.
For some couples, breaking up is hard. For others, its easy. When it comes to personal relationships, it's sometimes easier to part ways with a friend than dividing up assets after a separation. In some cases, a person may have a lingering attachment to a home or personal property items. In others, a person may still have an emotional attachment to the former friend, spouse or significant other and may continue to help out with the bills. But at some point in time, the separation must be final and the assets must be divided in some way shape or form.
Real estate values may not be going down as fast as they were but the market for real estate is still in the dumps. In some places, real estate values are down 50% from the high; new condominium developments are selling for a fraction of what they were selling for at the high of the market. With all that inventory out there some homeowners are desperate. Some homeowners have lost they jobs. Some can't make ends meet. For many homeowners, the time has come to decide where to put their money and decide whether to consider a strategic default on their mortgage.
If you purchased a timeshare back when real estate was hot and now you have second thoughts about owning the timeshare, your first thought might be to give the timeshare back to the developer. However, you just can't give the timeshare back to the developer without the developer's approval. Even if you use a quit claim deed and transfer the timeshare back to the developer, the developer must accept the delivery of the quit claim deed. Your options are to sell the timeshare in the open market, hire a company to sell it, trade the timeshare, or rent the timeshare.
$8000 First Time Home Buyer Tax Credit Questions Continued
We have written dozens of articles on the first time home buyer tax credit. If you didn't have a binding contract signed on or before April 30, 2010, you won't qualify for the first time home buyer tax credit or the move up home buyer tax credit for $6500. If you did have a binding contract signed on or before April 30, 2010, you must close on that purchase no later than June 30, 2010. Your settlement statement from the purchase must be dated on or before June 30, 2010.
Ilyce Glink Show Notes May 16, 2010 - Fraud Alert - Roofing and Homeowners Insurance - Stock Market Update. Today on the show we talked about how scam artists are targeting people who are trying to repair their nest eggs. Hail damage, we took a ton of calls about roofing problems, hail damage and homeowners insurance. We talked about annuities and how the 1,000 point stock market swoon caught people who had sell orders and they got burned financially. Fee only financial planners and how to protect yourself and your assets. Also, what are you really worth? Books and Ebooks - ORDER TODAY!
Ilyce Glink Show Notes May 16, 2010 - Fraud Alert - Roofing and Homeowners Insurance - Stock Market Update. Today on the show we talked about how scam artists are targeting people who are trying to repair their nest eggs. Hail damage, we took a ton of calls about roofing problems, hail damage and homeowners insurance. We talked about annuities and how the 1,000 point stock market swoon caught people who had sell orders and they got burned financially. Fee only financial planners and how to protect yourself and your assets. Also, what are you really worth? Books and Ebooks - ORDER TODAY!
