As you get older you may decide to put your assets in a life estate, in order to protect them and to make ends meet. When an asset that's part of the life estate gets sold, the life estate owner receives the proceeds, but the sale is only valid while the life estate owner is alive. After the life estate owner's death, the assets get transferred to the remaindermen (or beneficiaries) of the life estate.
An experienced real estate attorney can usually help out with any real estate transaction, but a real estate attorney might be especially useful if you are selling your own home. When completing a FSBO sale, a real estate attorney can help protect you and make sure everything is done right, according to the law. Don't get tripped up on contracts and the legal aspect if you've already made a successful FSBO sale.
First-time home buyers, pay attention! If you buy a new home in 2009, and close on or before December 1, 2009, you may qualify for an $8,000 tax credi...
What should you do if selling your own home in a tough market is too difficult? Real estate agents and sellers across the country are having a tough time, but you may have more options if you're selling your own home. Consider renting your home on a short-term basis to business travelers. Lowering your listing price is also an option if you're willing to give up profit for the sale. Watch this Expert Real Estate Tips video for more FSBO help.
As that April 15 tax deadline edges closer and closer, the IRS has released a list of top tax scams to watch out for. Whether you've already sent off ...
Today on the Ilyce Glink Show, we talked about text messaging costs, signs that the economy may be leveling off, unclaimed tax refunds and how to get yours, what you need to do to file your taxes on time this week, and other information to help you save more, spend less, and make the most of your money.
For more show notes, check out Ilyce's blog. And if you're in Atlanta, be sure to sign up for Ilyce's Money Makeover event on May 9. ThinkGlink.eventbrite.com
We're offering a special 2for1 deal for the Ilyce Glink Makeover Your Money Event! It's only going to run through Monday night (April 13, 2009). Go to...
On Monday, MoneyWatch.com launched. The site is owned by CBS. Here's a press release that explains what MoneyWatch is. I hope you'll check out my Home...
If you haven't begun the process of filing your federal and state (if you are required to do so) income tax form, it's time to get moving. There are j...
If using a real estate agent hasn't worked to sell your home, try listing your home as "For Sale By Owner," and take control of your home sale. An experienced FSBO seller says he likes selling his own home, because he is in charge of the home sale. His home is the only listing he has, and he thinks he will work harder to convince the buyer, rather than moving to the next listing. Take charge of your home sale with FSBO, if real estate agents haven't worked out for you.
