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Have real estate questions? Here, you’ll find helpful articles and other resources that cover issues related to real estate, buying, selling, financing, refinancing, credit and debt, insurance, second homes, vacation homes, real estate investment, new construction, and renovation.

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Determining Value of Commercial Property | How to Value Commercial Property

By | April 12th, 2013|

When determining value of a commercial property, know the different methods available of how to value commercial property properly.  Q: Our bank came in with an appraised value that is about one-third of what we originally borrowed from the bank in 2006. Our loan is coming due (we had a balloon loan) and we need [...]

Real Estate Boom and Bust: Taking a Loss on a Condo

By | April 12th, 2013|

The real estate boom and bust dropped home values severely. Taking a loss on a condo might be your only option other than to wait. Q: Back in 2005, I purchased a condo with cash for my disabled son to live in. I used an inheritance to buy the condominium, which was located near my [...]

Home Closing Tips: Real Estate Minute with Ilyce Glink

By | April 12th, 2013|

During your home closing keep a copy of mortgage lender's good faith estimate handy. For home closing tips, check out today's Real Estate Minute.  Whether you’re buying or selling, you must keep a paper trail of the transaction, or you could get into big trouble. To keep your mortgage lender honest during your closing, keep [...]

What Kind of Mortgage Can You Afford?

By | April 8th, 2013|

During the housing boom, many homeowners found themselves living beyond their means as easy money skewed expectations of what they could afford. Today, being honest with the realities of the real estate market and mortgage landscape can feel like taking a step backward. So how can homeowners and renters stay within their means and aspire [...]

Where Are the Best Markets to Buy a Foreclosure This Year?

By | April 8th, 2013|

You want to buy a foreclosure? Where have you been for the past five years? Foreclosures are definitely on the decline as fewer homeowners are defaulting on their mortgages. The backlogs of foreclosures that built up during the Robogate mess are largely depleted, and more and more homeowners who find themselves in financial trouble are [...]

What to Know Before Refinancing Your Mortgage

By | April 6th, 2013|

Refinancing your mortgage? Before you refinance your mortgage, here's what to know and ask during the loan application process. Q: I enjoyed your recent column that appeared in our local paper. I've just gone through a refinancing and found myself wondering about certain questions I should have asked. The main question was whether my loan [...]

Sell Your Home Without a Real Estate Agent: Use a Multiple Listing Service

By | April 6th, 2013|

If you decide to sell your home without a real estate agent, then you should consider using a multiple listing service to sell your home. Q: I have finally had it with real estate agents and have decided to use a for sale by owner (FSBO) web service. The company offers a few different options [...]

Learning About Real Estate: Getting Started in Real Estate Business

By | April 5th, 2013|

Learning about real estate can be a long but rewarding process. Talk to a real estate agent about getting started in the real estate business. Q: What are some ways that an 18-year old individual can get started in real estate as a business? I want to learn everything I need to know about buying, [...]

Quit Claim Deed and Mortgage Responsibility: Getting Name Off Mortgage

By | April 5th, 2013|

Quit claim deed and mortgage responsibility don't go hand in hand. Getting your name off the mortgage is possible when refinancing. Q: I did an act of donation on my house to my ex-husband. He is going to give me a fixed payment once he refinances the home. Is there a way to get my [...]

Finding the Right Home to Buy: Real Estate Minute with Ilyce Glink

By | April 4th, 2013|

Finding the right home to buy can be a difficult task. Ilyce Glink talks about buying the right home in today's Real Estate Minute. Just like dating, you’re going to find a home that you’ll fall in love with. But watch out, because when it comes to a house, you don’t want to get too [...]

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