Ilyce

Condo Association Problems Come With Declining Real Estate Market
The decline in the Real Estate Market has created problems for condo associations and homeowner's associations alike. As more home buyers have lost their homes to their lenders, condominium and homeowner's associations have lost a source of their revenue. As the revenue has dried up, condo associations need to make due with less money. Until the real estate market stabilizes, employment begins to come back, and lenders stop foreclosing on homes, more and more condo and homeowner's associations will have problems meeting their obligations.

Ilyce Glink Show Notes - March 14, 2010 - Invest Your Money Wisely in 2010. Learn how to deal with a stock market that seems irrational. Should you invest in bonds in an era or rising interest rates? And, how big a share of your investment portfolio should be international equities? All of the answers to these questions will be found at our next event: HOW TO INVEST YOUR MONEY IN 2010. Buy your ticket today and get 40 percent off the ticket price. Rob Goshen, a senior vice president with Mesirow Financial, joins us in the third hour of our special show today to talk about risk. He'll be at our event on March 27, 2010 at the Gwinnett Center. Visit Ilyce's blog for more show notes and helpful links.

Ilyce Glink Show Notes - March 7, 2010: Tax Questions And Answers. Today on the show, Enrolled Agents (and members of the Georgia Association of Enrolled Agents) Bill Nemeth, Merry Brodie, and Chet Burgess, joined us to answer your tax questions. Don't forget to sign up for our March 27, 2010 event, How To Invest Your Money in 2010. The Georgia Association of Enrolled Agents, all of whom are licensed to represent taxpayers before the IRS, will be on hand to answer your tax questions and address the tax consequences of investing. Use Discount Code: plum to get 40 percent off the ticket price to our How To Invest Your Money in 2010 event.

Ilyce Glink Show Notes - March 14, 2010 - Invest Your Money Wisely in 2010. Learn how to deal with a stock market that seems irrational. Should you invest in bonds in an era or rising interest rates? And, how big a share of your investment portfolio should be international equities? All of the answers to these questions will be found at our next event: HOW TO INVEST YOUR MONEY IN 2010. Buy your ticket today and get 40 percent off the ticket price. Rob Goshen, a senior vice president with Mesirow Financial, joins us in the third hour of our special show today to talk about risk. He'll be at our event on March 27, 2010 at the Gwinnett Center.

Ilyce Glink Show Notes - March 7, 2010: Tax Questions And Answers. Today on the show, Enrolled Agents (and members of the Georgia Association of Enrolled Agents) Bill Nemeth, Merry Brodie, and Chet Burgess, joined us to answer your tax questions. Don't forget to sign up for our March 27, 2010 event, How To Invest Your Money in 2010. The Georgia Association of Enrolled Agents, all of whom are licensed to represent taxpayers before the IRS, will be on hand to answer your tax questions and address the tax consequences of investing. Use Discount Code: plum to get 40 percent off the ticket price to our How To Invest Your Money in 2010 event. Please read Ilyce's blog for more links, discounts and notes.

VA home loans have their own set of requirements. The Veterans Administration (VA) sets the rules for these loans and the lenders follow them. While VA rules allow for greater borrower flexibility in getting a loan, there are certain minimum lending requirements that the borrower must comply with in order to get the loan. Some of these requirements involve a borrowers credit history and income.

For some the consequences of a foreclosure are financial: the destruction of a good credit history and high credit score. But more fundamentally, the loss of a home to foreclosure affects at a personal level. For some, a foreclosure destroys a life and self esteem of a homeowner. While in the current housing crisis and recession some people are deciding to abandon their homes to their lenders and the term strategic default is becoming known, for many others the loss of a home is akin to the loss of a loved one.

Some get the $6500 repeat home buyer credit while others do not. It may not be fair, but the Congress have limited the scope of the move up home buyer tax credit. Even some first time home buyers can't qualify for the credit. The rules are strict for the $6500 and $8000 tax credit. Make sure you qualify for the tax credit before you take any action on the belief that you will get the money.

If you are faced with going up against your homeowners association, should you hire an attorney? What if there is no litigation involved but the issue is being handled in mediation? If your issue is a fence issue or dispute with the association, you should research the issues involved; determine the costs at stake and then decide whether you need professional help from a real estate attorney.

Carol Flammer has a new book out called Social Media For Home Builders. Social networking is an important skill for home builders and other real estate professionals. More and more real estate brokers are using social networking and social media to find clients and close purchases and sales. You can learn an effective social networking strategy with her real estate advice.