Ilyce Glink Show on WSB Radio: What's the impact of rising interest rates on real estate, and will home prices continue to rise? On this week’s Ilyce Glink Show on WSB Radio, Ilyce discussed the impact of rising interest rates on the real estate market. She also talked about home prices and whether it is [...]
Ilyce Glink Show on WSB Radio: Will rising interest rates effect real estate investment, and should I buy investment property now? On this week’s Ilyce Glink Show on WSB Radio, Ilyce discussed how mortgage interest rates are rising and whether it will have an effect on real estate investment. Ilyce said buying investment property is [...]
Drug activity in rental property will affect the neighborhood. You need to report the issue. Tenant illegal activity can lead to eviction. Q: If you are thinking of investing as part of a slumlord real estate investment group, please don't. The neighbors will pray for your painful demise. We have the misfortune of living next [...]
Need mortgage rate lock advice? Check with your loan officer to make sure it's locked before mortgage interest rates rise. Q: We started working with a loan officer at a bank because he was recommended by our real estate agent and also participates in a program with my employer to help get employees lower interest [...]
Considering expensive home upgrades? Expert tips on spending and saving money wisely, including paying off a mortgage and saving for retirement. Q: I have a $138,000 mortgage at 3.75 percent on a 15-year term with 10 years left to pay. The property is appraised at $300,000. I have $130,000 cash reserve. My wife wants to [...]
Should I refinance my adjustable rate mortgage into a fixed-rate loan? Refinancing your ARM now could increase your interest rate. Q: I owe more on my mortgage than what my house is worth. And, unfortunately, my loan isn't owned by Freddie Mac or Fannie Mae, and it is an adjustable rate mortgage. What are my [...]
Should I short sale my house or foreclose? If you’re underwater, short sale is one option where you can sell your home for less than it's worth. Q: We live in Clayton County, Georgia, where the housing market is still not good. Our home was worth $200,000 in 1999 now it is worth $51,000. We [...]
