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Owing More Than House Is Worth – Should I Get A Renovation Loan?

By | June 7th, 2013|

Owing more than your house is worth? When deciding if you should get a renovation loan, think about if the debt you'll owe is worth it. Q: My home is like most in our neighborhood: I owe more than what it's worth. I would continue to live in my home until I'm ready to sell, [...]

Is The American Dream Still Alive?

By | June 7th, 2013|

Is the American Dream still alive? True wage growth and an improving employment outlook can help keep the Dream alive.  Is there still an American Dream? And if there is, is the essence of what makes up the American Dream shifting based on age and other demographics? Insurance giant Northwestern Mutual recently polled Americans for [...]

Is Now the Time to Buy a Home?

By | June 5th, 2013|

The real estate market is recovering, and mortgage interest rates are at an all-time low. Is now the time to buy a home? According to Steve Cook, former vice president of public affairs for the National Association of Realtors, there are other issues at play. A number of hurdles stand in the way of potential [...]

Top 10 Cities for Buying Foreclosures

By | June 4th, 2013|

Price is a huge factor for investors and hedge fund groups that are interested in real estate investing. For that reason, many investors turned to purchasing foreclosures in recent years—the properties were discounted, and many were in great locations that were previously cost prohibitive. But as the number of investors snapping up distressed properties grew, [...]

Is the Real Estate Investing Boom Going Bust?

By | June 3rd, 2013|

There’s nothing new about buying homes to rent out or resell at a profit. Residential real estate investing has been part of the American housing picture for generations. After the housing bubble burst and foreclosures started to flood housing markets across the country, real estate investing took on a whole new level of popularity. By [...]

Ilyce Glink Show – Is It Still A Good Time To Buy A House – June 02, 2013

By | June 2nd, 2013|

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?

By | June 1st, 2013|

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 [...]

Buying a Vacation Rental Home: Issues to Consider

By | June 1st, 2013|

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?

By | May 31st, 2013|

  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?

By | May 31st, 2013|

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 [...]

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