Ilyce Glink tells us about the top 10 moving destinations in the US on today's Real Estate Minute. Americans are on the move. According to the Census Bureau, more than 36 million Americans moved in 2012. Where are they moving to? According to Penske Truck Rental, a global transport company, most Americans are moving for [...]
Ilyce Glink explains how to avoid foreclosure with a deed in lieu of foreclosure on today's Real Estate Minute. If you’re on time with your payments, but underwater with your mortgage, and your loan is owned by Fannie Mae (FNMA) and Freddie Mac, you may be able to walk away from your property without going [...]
Learn how to reduce monthly mortgage payments to save money on today's Real Estate Minute with Ilyce Glink. As a home owner you should always take the initiative to find low-risk ways to reduce your mortgage payments. By making one extra payment every year on your mortgage, you could substantially reduce your total payments. https://www.youtube.com/watch?v=moKqhd6eSEE [...]
Is the U.S. shifting from a nation of homeowners (and aspiring homeowners) to a nation of long-term renters? It may depend on your perspective of homeownership. Homeownership has been trending down, while renters are snapping up vacant properties. In fact, according to the U.S. Census Bureau, homeownership may be at its lowest rate since the [...]
Is there another recession ahead? We're dealing with weak growth, but there are some positive signs the economy is turning around. Not according to Kermit Baker, chief economist for the American Institute of Architects and a senior research fellow with the Joint Center for Housing Studies at Harvard. To the contrary, he believes positive signs [...]
When buying tax liens, it's important to understand the risks of tax lien investing. Here are some tax lien pitfalls a tax buyer needs to know. Q: I’m interested in getting involved in property tax lien purchases in Queens, New York. It seems everyone I ask shies away from answering my questions. I’m hoping you [...]
The housing market news sounds good, this week, as real estate investors continue to play a key role in the housing rebound. Sales of previously owned homes crawled up another .4 percent in January, which means sales would hit nearly 5 million, if this level of housing activity keeps up all year. That’s not the [...]
When transferring home ownership, be aware of the tax implications that could cost you a lot of money. Q: My brother wants to transfer ownership of his home into my name and I need to know what the tax implications are for him and me if we do this. He received a settlement from his [...]
If you’re thinking about buying or selling a house soon, you’ve likely heard talk of “buyers’ markets” and “sellers’ markets.” Simply put, a buyers’ market occurs when there are more homes for sale than available buyers. Conversely, in a sellers’ market, demand outstrips supply. In 2013, should the fragile housing recovery proceed as most experts [...]
Few aspects of modern life have been transformed as much by the Internet as house hunting. Last year, 90 percent of all homebuyers—and 93 percent of first-time homebuyers—used the Internet to find a home. However, as powerful and pervasive as it is, online real estate has its failings—some obvious and some known to only a [...]
