If your home value has declined and you don't want to pay your mortgage anymore, try to sell your home in a short sale. Q: I am single and live in a home in Clayton County, Georgia. I’ve owned the home for 16 years and owe $115,000 on two mortgages. The neighborhood has really gone [...]
Getting your name off a mortgage after a divorce requires a properly drafted loan modification by the lender to release you from the loan. Q: My ex-spouse and I own two houses. The separation agreement spells out that I am to be taken off the title to those properties. The two house loans together total [...]
If you're renting out on an owner-occupied mortgage you have a lower risk of failure than renting a property through investor real estate loans. Q: I have a question about renting a second home that has a mortgage that states "you cannot rent this property." Here's the story. About two years ago I bought a [...]
Ilyce Glink Show on WSB Radio: How to be wildly successful in real estate and what it takes to become a good real estate investor. On this week’s Ilyce Glink Show on WSB Radio, Ilyce discussed her newly available Webinar and eBook series called The Intentional Investor. This nine-part series gives you a clear road [...]
Ilyce Glink Show on WSB Radio: How are rising interest rates and home prices affecting the housing market, and will the Fed pull the plug? On this week’s Ilyce Glink Show on WSB Radio, Ilyce discussed how mortgage interest rates had the largest one-week leap in 26 years and how this will affect home prices. [...]
Options for selling an underwater home after a divorce are limited if one is the owner of the home and the other is the borrower. Q: I am separated from my husband. I live in the house, but he doesn't. I am on the title to the home, but he is on the mortgage. I [...]
Should I pursue a career in real estate? Real estate agents will still be a huge part of home buying and home selling in the future. Q: I live in Atlanta and listen to Ilyce’s show on WSB. For the past 20 years, I've worked as a combination legal assistant, paralegal and office manager. Now my [...]
