A home seller worries about her real estate agent changing her approach to selling a home. The real estate agent first said the home "shows well" and is now asking her to declutter her house. The housing market likely changes the approach the real estate agent takes. A good agent may change tactics, such as including staging, as housing market conditions shift.
Many consumers struggle to stay confident during this financial crisis. What can you do to strengthen your personal finances? Ilyce offers personal finance actions and tips that you can follow to give yourself some security and peace of mind during the financial crisis.
If an elderly relative owns a home and quit claims it to you before going into a nursing home the home may be at risk for the Medicaid lookback rule. The Medicaid lookback rule may allow the government to try to recover medical costs by selling an asset such as a home. How does Medicaid treat quit claim deeds? Discover what documentation to gather to protect the home.
Parents should exercise caution when quit claiming property over to their children and take time to consider potential worst-case scenarios. This mother wants to sell her home but has added her son and daughter to the deed, and the son refuses to quit claim the home back to his mother. But in some families, quit claim deeds are never delivered to the kids and in many cases never recorded.
A homeowner is considering withdrawing IRA (individual retirement account) money to pay off his mortgage early. There might be tax consequences to withdrawing IRA money. Here are the pros and cons of paying off the mortgage with money from an IRA.
If you're a tenant in a property that is foreclosed on, what are your rights? I recently answered this question from a reader, and it appears that the...
A foreclosure auction may seem like a one stop shop to pick up a foreclosed property after looking at several. But you can also find foreclosures through a real estate agent and do a market comparison to see if you're really getting a good deal. Learn about one agent's visit to a foreclosure auction.
Many people think you save money by buying a home that's a short sale or foreclosure. That's not necessarily true. Even if you do save money on a short sale it can take longer to close on escrow. California real estate agent Charlotte Laws talks about saving money with short sales or foreclosures.
When you owe more on your home than it's worth you may want to do a short sale. In a short sale the bank forgives some of what you owe them. It's more cost-effective for a bank to do a short sale than foreclose on a home.
