Monthly Archives: February 2007
Is Now The Time To Refinance?
It’s hard to predict if interest rates are going to go up or down, so it’s tough to know the best time to refinance. The best strategy for refinancing is figuring our your options at today’s rates and shopping around for a good lender.
Siblings Inherit Commercial Property
Siblings have inherited property and now face several decisions on what to do with it. If everyone agrees to sell the inherited property, finding an agent who specializes in this type of property will help. If everyone agrees to keep the inherited property, someone will need to manage it, handle the finances and necessary repairs.
From The Ilyce Glink Show Yesterday
Sorry I didn’t get this up on time, Folks. Crazy day, what with Tax Day around the corner for corporations.
Trusted ID, a company that sells services…
It’s A Good Time To Be A Buyer — If You Make Good Choices
It’s the first buyer’s market in a decade, but it’s still possible for homebuyers to make mistakes. You can truly be a buyer in the strongest buyers’ market in a decade and wind up with a lousy home that was overpriced. How does a buyer avoid making a bad mistake when the market is in your favor? It requires a little planning.
Real Estate Lawsuit Concerns New Construction
What happens if your new home gets built on the wrong lot? You may be involved in a lawsuit with the builder, mortgage lender, title company and real estate agent. To sort out who’s responsible for what and to ensure that you get clear title to your new home, make sure to hire a good real estate attorney.
Ilyce Glink on WSB Radio – February 25, 2007
On the show today, Ilyce talked about the new investment condo she bought and how much the investment property market has changed since 2004, when she signed the contract for purchase. Lisa called in and wanted to know how to best support her daughter as she launches a business and Jillian wanted to clear up some conflicting “friends and family” tax advice she received about her mother’s property.
Deed In Lieu Of Foreclosure Will Hurt Credit Rating
What are your options when you can no longer afford your mortgage and you haven’t been able to sell your home? You may think you’re facing foreclosure and a deed in lieu of foreclosure may be an option. Either a foreclosure or deed in lieu of foreclosure will hurt your credit rating or credit score. Another option, instead of a deed in lieu of foreclosure, may be a short sale.
Timeshare Inheritance: Pay Property Taxes
When you get a timeshare inheritance you’re responsible for property taxes and maintenance as if it were real property. Even if you don’t want the timeshare, you’re responsible for property taxes and maintenance until you can sell the timeshare. To determine what to do with the timeshare you may want to contact a real estate attorney.
Understanding Condominium Bylaws And Declaration
A member of a condominium board wants to educate his fellow board members. Bylaws and declaration hold the key to understanding the board’s roles, responsibilities and procedures. The bylaws will tell you the process of electing members to the board of directors and officer duties and responsibilities, and the declaration will tell you what issues require a unanimous vote by owners of the condominium association.
Understand Mortgage Before Signing Papers
Never sign a mortgage document unless you understand exactly the terms of the mortgage. A home owner refinanced into an adjustable rate mortgage that has a growing interest rate she can no longer afford. The fine print of real estate contracts will tell you exactly what to expect for the life of your loan.
