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.
Is Rental Condo A Good Investment?
Investing in rental property often leads to questioning your investment when the market takes a dip. But with a relatively illiquid real estate market, it's not always a good idea to sell your investment because the short-term prospects seem volatile. But when investing in real estate, it is important to have an exit strategy.
Lot Line Dispute Could Lead To Claim Against Title Company
A new home buyer is informed by his neighbor that his lot is not as big as he was lead to believe. This situation is complicated and could lead to a claim against the title company. Some title problems may not be covered and some are always excluded by title insurance companies.
Appeal Court Decision To Retrieve Investment Property
When you buy debt from the FDIC on an apartment building, you should receive an assignment of the mortgage. What can you do to ensure your sale is valid and holds up in a federal court? And how can you appeal a federal court ruling that resulted in you losing your investment property?
1031 Doesn’t Work Overseas
A 1031 exchange allows you to defer taxes when selling a home by purchasing another one within a certain time period. Unfortunately, 1031 exchange laws do not allow for purchases outside the U.S. Current 1031 exchange rules require you to have designated a replacement property within 45 days of closing on your original property and then to close on the new property within 180 days.
No Lawyer Needed For Refinance
A loan officer told a home buyer that he does not need to use a lawyer when refinancing a mortgage. Using a lawyer is not mandatory, but if you do not understand the documents you're signing, you'd be wise to show them to a real estate attorney who can walk you through the various disclosures lenders are required to make, and the jargon they use to make them.
Customer Complains About New Deck
A contractor writes Ilyce to ask about his obligations to an unhappy home owner. He installed, and repaired a deck for them. They would now like him to start over on the project. Ilyce explains where the contractor stands in these negotiations.
If You’re A Seller, You’ve Got To Be Nervous
Selling your home? Expect it to take a while in this market. Buying a home? There are all kinds of new incentives out there to bring you to new properties on the market.
Find Down Payment Assistance To Buy Home
When you are a first time home buyer it may be difficult to find money for a down payment. Several organization such as your state or your house of worship may be able to help you. Research your down payment options when you are a first time home buyer so that you can save money and successfully buy a home.
Knowing How To Negotiate Can Help Get You A Better Price
It isn't so easy to sell your home in this changing market. To attract buyers in either a balanced or buyer's market, sellers need to whip their home into top condition, price it right, and perhaps even throw in a few goodies to get buyer's agents interested in showing the property. Taking the right steps will help you get the right offers, even in a buyer's market.
Ilyce Glink on WSB Radio – August 20, 2006
In a special version of the Ilyce Glink Show, Ilyce talks with radio personality and book author Tom Kelly, about his new book "Real Estate for Boomers and Beyond." Then, she and Monty Rose, a reverse mortgage expert, talk about the nuts and bolts of choosing and paying for a reverse mortgage.