Today’s real estate market is uncertain, and homeowners want to do whatever they can to increase the value of their homes—even if they’re not planning to sell in the near future. Updating the look of your home doesn’t have to bust your budget. Lisa Laube, chief merchandising officer for Floor & Decor, says that a [...]
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 [...]
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 [...]
Home much home can I afford? Home buying can be stressful when you are concerned about the cost of your mortgage. Q: We are retired school teachers with an income of 51,000. We only have $100,000 saved but our teachers’ pension covers our monthly living expenses. My husband has wanted a small farm and put [...]
Don’t count on your homeowners insurance policy in the face of an earthquake—neither quakes nor losses resulting from earth movement are covered under standard policies. Supplemental coverage is available, however, and you may want to consider it if you find that you live in an area with potential for quakes. According to the U.S Geological [...]
On the Ilyce Glink Show on WSB Radio: how long will low mortgage rates last, rising home and house prices, is the economy getting better and the falling budget deficit. I received two emails this week from regular listeners of the Ilyce Glink Show on WSB Radio. They tell me they love the show, but [...]
Joint mortgage payment problems can stem from one of a few things. Be sure to know who owns what and what percentage of property each owner owns. Q: I hope you can help me out with the following problem: My husband owns 50 percent of this house. The other 50 percent belongs to another couple, [...]
You should think about buying a house as a long term investment. Find out why thinking long term is so important when buying a home. As the housing market finally seems to be picking up again, the question on everyone’s mind remains: Can we trust the real estate market again? While the housing rebound is [...]
Starting a small business can be intimidating, but plenty of people have done it before—and done it successfully. Whether it’s opening your own coffee shop, starting a consultancy firm, or becoming a wedding planner, there are plenty of opportunities for success. Take real estate investor Theresa Bradley-Banta (pictured right), who has created two businesses, one drastically [...]
As the economy improves and more households are created, thousands of new families are looking to enter the real estate market and purchase homes. But for many people, serious barriers stand in the way of buying a home. Because of these obstacles, many of tomorrow’s homeowners are using today’s single-family rentals (SFRs) as stepping stones [...]
