Homeownership might feel out of reach, but you may be interested to learn that you can still find properties for around $100,000 across the country. Nationally, home prices have risen 4.9 percent year-over-year, according to the latest S&P/Case-Shiller Home Price Index. While home values are predicted to continue to rise in the months ahead—albeit more [...]
In 2015, the U.S. housing market will take another step toward what might be considered “normal.” In fact, Rick Sharga, executive vice president of real estate marketplace Auction.com, says this year will be “a ‘status quo’ ‘kind of year,” bringing slow but steady growth and an uptick in housing construction in the form of new, [...]
On this week’s WSB radio show Ilyce discussed the economy, real estate market, how to make an elevator pitch and a road map for first-time investors. Then, Ilyce explains why you should never deed your house over to your kids and what's the difference between a reverse mortgage and a home equity line of credit. [...]
On this week’s WSB radio show Ilyce discussed the job market and advice for job-seekers with John Challenger from the outplacement firm Challenger, Gray & Christmas, Inc. Then, find out what’s next in the housing market from Jed Kolko, chief economist for Trulia.com, vas well as Ilyce’s financial New Year’s resolutions for 2015. Where’s the job market [...]
Crowdfunding websites such as Kickstarter and IndieGoGo have made crowdfunding a popular way for anyone with a project, a financial goal, and an Internet connection to collect money from a pool of online backers. With crowdfunding, entrepreneurs can raise money for their project or venture using the Internet to source funds from a large number [...]
As of 2014, there are approximately 10 million self-employed people in the United States. If you’re one of them and you’re in the market for a new home, you may face some extra hurdles during your home buying journey. While lenders are used to working with self-employed borrowers, buying a home when you’re self-employed requires [...]
Whether you’re purchasing a home or refinancing your current mortgage, your lender may have given you the option of taking out an adjustable rate mortgage (ARM). ARMs can be great options, but it’s important to understand how they work before making your decision. ARMs have interest rates that change over the life of the mortgage. [...]
Ilyce Glink Show on WSB Radio: Giving real estate and personal finance advice. On this week’s WSB radio show, Ilyce hosted Carmen Chubb, the deputy commissioner for housing of the state of Georgia. Chubb describes the HomeSafe Georgia program, where Georgia homeowners can receive temporary assistance in order to pay their mortgage. This federally funded [...]
If you take out a reverse mortgage and don’t use the funds available, can you use it as an investment? The answer: Yes, if you take out a reverse mortgage and you don’t use the credit immediately, it will grow over time. "The line of credit grows over time because the amount that you have [...]
Your builder may promise a 10-feet-deep swimming pool and a community playground but if you don’t get that promise in writing, don’t be shocked when it doesn’t materialize. Buying from a builder may be one way to get your dream home but even the savviest homebuyer needs to be cautious, especially if you’re buying without [...]
