Monthly Archives: February 2008
Ilyce Glink on WSB Radio – February 24, 2008
This week on the Ilyce Glink show, Ilyce talked about the $270 million a Georgia couple won in the lottery. She offered a few pieces of advice, mostly centered around hiring the right kinds of help to manage a fortune like that. She took calls on debt, credit, tax, mortgages, and a sad call from Alan on a very short sale (he’ll lose $400,000 if he sells today — if he CAN sell). Click to listen to the show, or download the podcast from iTunes. Don’t forget to check out Ilyce’s website, www.thinkglink.com, and her forum at www.thinkglink.com/forum. And don’t forget to stop by her new all-video site, www.expertrealestatetips.net.
Real Estate Short Sale
NOTE: Ilyce R. Glink’s latest ebooks are “Credit Scoring Secrets” and “How to Find a Great Real Estate Agent,” which are available at her webs…
PMI And Foreclosure Purchase
A couple wants to buy a foreclosed home but is unsure about how PMI figures in. PMI, or private mortgage insurance, reimburses lenders for the balance above 80 percent of the mortgage, if a home becomes a foreclosure.
Good Books For Landlords
Looking to become a landlord? Authors Robert Irwin and Robert Shemin offer a few good landlord books. If you want to become a landlord you may want to read these books.
IRS Announces 1031 Exchange Safe Harbor For Personal Use
If you own rental property and want to sell it to buy other property, you may want to consider a 1031 exchange. It allows you to not pay taxes because…
Dark Days Of Housing Are Upon Us
Ever seen one of those big, dark storm clouds over the horizon? It’s gray and ominous. That’s how the housing news seems lately.
The U.S. Departments…
Purchased Home Has Poor Kitchen Renovation
A couple buys a home with a poor kitchen renovation. They want to know if they can hold the seller accountable for the kitchen renovation. They regret buying their home with the bad kitchen renovation.
Home Seller Blackmailing Buyer?
A seller is refusing to sign closing paperwork unless the home buyer gives her $3,000 outside of the deal. What the seller is proposing is blackmail and illegal. This home buyer should contact an attorney immediately to think about suing the seller for specific performance.
Refinance Mortgage For Right Reasons Like Preventing Foreclosure
You may be wondering whether to refinance your mortgage now. Make sure to refinance your mortgage for the right reasons. Lowering taxes may not be a good reason to refinance. Preventing foreclosure may be worthwhile.
Home Owner Liability For Destroying Protected Tree
A home owner asks who has liability for an ancient tree being torn down on a next door lot. The home owner wonders if it’s a neighbor, who is having a house built, has liability or if it’s the builder, who tore down the tree.