Ilyce Glink Show on WSB Radio: Is it still a good time to buy a house, and are interest rates going to stay low? On this week’s Ilyce Glink Show on WSB radio, Ilyce discussed whether or not it is still a good time to buy a house and how she thinks a real estate [...]
Tax-free exchange on rental property, what taxes do I owe when selling? Did you purchase the home as an investment or as a primary residence? Q: We purchased our present home in 2005 for $225,000. It was a tax-free exchange on a rental property we owned previously. We rented the current home for two years right [...]
Thinking of buying a vacation rental home? Does it make financial sense for your family to use the home, or to use it as an investment? Q: I am trying to figure out if the numbers would make sense for my wife and me to buy a vacation rental house near our home in Atlanta. [...]
Is the foreclosure crisis over? Home prices are rising, but there are still too many foreclosures to be a normal housing market. It depends on where you stand. Is this your reality? The housing market is on an upswing. Mortgage interest rates are still low, home prices are rising dramatically, and the stock prices of companies [...]
Can I afford a condo, is a condo right for me? Condos are more affordable than single-family homes, but you have to pay monthly assessments. Comment: Just read your column in today's paper responding to a question for advice whether to buy a home at age 66 or continue renting. I was surprised you didn't make two [...]
Ilyce Glink Show on WSB Radio: Where are the best vacation spots in America, and how does this compare to the regular home market? On this week’s Ilyce Glink Show on WSB radio, Ilyce discussed where the best vacation spots in America currently are. She also talked about what is going on in the regular [...]
Was your seller truthful on the seller disclosure form? How to prove your seller knew about previous issues in the house and didn't disclose them. Q: I recently purchased a home in Aurora, Illinois. I received the sellers’ disclosure form with no disclosures marked off. During my inspection of the home, the inspector noted some [...]
Should I cash out my 401K? Try hiring a financial adviser, reducing your living expenses and refinancing your home. Q: I am a 49 year old who plans to retire from my current job by age 55. My 401(k) is now worth $1.1 million, which is up 20 percent since January. It is invested in several [...]
Got the wrong address on your mortgage documents? Don't worry too much about a typo on your mortgage documents. Q: My mortgage documents list my property address incorrectly. It's a small typo. The lender misspelled the name of my street. Will this cause me problems when it comes time to sell my property? I can’t [...]
