Ilyce Glink, ThinkGlink.com and Best Money Moves
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Ilyce

About Ilyce Glink

Ilyce Glink is an award-winning, nationally-syndicated columnist, best-selling author, and radio and television personality. She is the best-known consumer advocate for home buyers, sellers, and owners, and her content touches millions of readers, viewers, and listeners each week. She is the Founder/CEO of Best Money Moves, an employee benefit that companies provide that helps employees measure financial stress, then dials it down with a unique content mapping system. She is also the Founder/CEO of Think Glink Media, a digital content agency, and the Publisher of ThinkGlink.com. Listen to Ilyce on WGN Radio each week, follow her on Twitter, and sign up for the ThinkGlink free weekly newsletter, in the blue box at the bottom of this page.
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Fix And Flip, Then Refinance Or Get a HELOC

By | June 11th, 2009|

For some, buying a fixer-upper and trying to flip it or refinance it is still the name of the game. But once you have fixed it, you need to find financing. You can try to refinance the home. Or you can try to get a conforming loan along with a home equity loan or line of credit (HELOC). You may have options, but you need to find the right lender. You need to make sure that the home has enough equity to refinance and that the appraisal of the home meets or exceeds the amount required to refinance the property.

California, Nevada, Florida Rank Top 3 For May Foreclosures

By | June 11th, 2009|

RealtyTrac released today the May 2009 foreclosure numbers. Nevada tops the ratings with 1 in every 64 housing units receiving a foreclosure filing, m...

May Foreclosure Activity Up 18 percent From Last Year

By | June 11th, 2009|

RealtyTrac, the leading online marketplace for foreclosure properties released its May 2009 U.S. Foreclosure Market Report, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 321,480 U.S. properties during the month, a decrease of 6 percent from the previous month but an increase of nearly 18 percent from May 2008. The report also shows that one in every 398 U.S. housing units received a foreclosure filing in May.

New Scam: Asian Extortion Scheme

By | June 10th, 2009|

New scams are popping up this Spring like daisies. According to the Federal Bureau of Investigation (FBI), a new scam is making the rounds, and it is targeting ethnic business owners, particularly those of Asian descent. If you get a telephone call where the person at the other end sounds like he or she has your personal or business information, and threatens you, get as much information as you can, and then call your local FBI office.

Reverse Mortgages Need More Regulation, The Comptroller of the Currency Says

By | June 8th, 2009|

Reverse mortgages are growing in popularity. But the dangers they pose to unsuspecting seniors are tremendous, according to the OCC. Also, reverse mortgages are extremely costly, which can be startling, especially if you don't understand all of the costs and fees that go into originating a reverse mortgage. Just because you don't pay out of pocket for a reverse mortgage doesn't mean it's not expensive.

Today on the Ilyce Glink Show – June 7, 2009

By | June 8th, 2009|

Fraud, scams and jobs were top of mind today on the Ilyce Glink Show.

Looking for a Work-From-Home Job? Don’t Fall for Money Mule Job Scam

By | June 8th, 2009|

If you're desperately looking for a job, especially a job you can do from home, you may easily become a victim of a money mule job scam, fraud investigators say. A money mule job is one where you're hired to receive hundreds of packages and reship them to places in Eastern Europe. You may or may not have top put up your own cash to ship these packages (sometimes pre-paid labels are given to you), but you'll be trafficking in stolen merchandise. This story looks at what a money mule job scam is and how you can recognize one, so you don't become a job scam victim.

Ilyce Glink on WSB Radio – June 7, 2009

By | June 7th, 2009|

Today on the Ilyce Glink Show the topics were fraud, scams and jobs. Ilyce took a call from a listener wanting to know if a work-from-home offer was too good to be true. Ilyce thought it sounded like a scam, and another caller, a fraud investigator, confirmed it. We also had several calls on how to find a nanny, nanny taxes, and au pairs, and there were a number of calls from folks who are out of work and are seeking jobs. Listen to the podcast here or download it from iTunes, and check out Ilyce's blog for more show notes and links.

Fighting Property Taxes When House Values Drop

By | June 4th, 2009|

Are your property taxes rising while your property values are falling? Rising property tax bills are the bane of homeowners who live on a fixed income, as property taxes often rise a lot faster than the rate of inflation. In this year, where property values have shrunk 20 percent to 50 percent (hello, Arizona!), many homeowners are aghast to receive higher property tax bills. What can be done about it?

Great Loan Deals: Can You Finance Investment Property for 4 Percent?

By | June 4th, 2009|

Mortgage interest rates are super-low at the moment. But the best deals are for owner-occupied homes, not for financing investment property. On a recent radio show, a caller emailed Ilyce to ask about a great loan deal she supposedly got when she financed her investment property. Is it the real deal?

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