Monthly Archives: March 2008
Timeshare Companies Facing Financial Trouble
Timeshare companies are affected in this poor real estate market, too. If you have an interest in a timeshare, you have a responsibility to pay your monthly maintenance expenses, real estate taxes and other fees associated with the timeshare. While the timeshare developer or the timeshare operator might have filed for bankruptcy protection, your financial obligations will continue.
Come Meet Ilyce Glink At GSU’s Women And Money Workshop
Ilyce Glink will give the keynote speech at the Women and Money Workshop (held from 9 to Noon). She’ll speak at 9:00am on Friday, April 11th at the GS…
Ilyce Glink on WSB Radio – March 30, 2008
Today on the Ilyce Glink Show, Ilyce talked about the new homeownership proposal scheduled to be introduced by President Bush Monday morning. She also talked about how Sprint and Verizon are giving customers the opportunity to find out where their family and friends are at all times with a GPS technology combined with mapping software. Is this a good idea? Tune in and find out what Ilyce thinks. Don’t forget to subscribe to her new all-video channel, www.expertrealestatetips.net.
People Continue To Buy Second Homes
It seems like every month we hear more news of how the real estate market keeps deteriorating. Developers build fewer homes. Home buyers refrain from …
How Much Does Your Car Cost You In A Year?
A few nights ago on National Public Radio there was discussion about neo-liberalism and how when someone is a neo-liberal he or she sees everything in…
Plan At Least $204,060 to Raise a Child
On Monday the U.S. Department of Agriculture announced how much it cost to raise a child in 2007. The amount? $204,060 by a child’s 18th birthday. If …
Today’s BusinessWeek.com Column On Higher Commissions
This is a response to an article that ran today on BusinessWeek.com and MSN Money:
http://articles.moneycentral.msn.com/Banking/HomebuyingGuide/PayMo…
When Deed In Lieu of Foreclosure Is Good Option
If you know for sure you have to give up your home but you don’t want to go through a lengthy foreclosure process, sign a deed in lieu of foreclosure. A deed in lieu of foreclosure transfers ownership of your house to the bank and allows you to move on without a foreclosure on your credit history. Learn who may be the best candidate for a deed in lieu of foreclosure and how it’s usually used for investment properties.
Taxes On Inherited Home Sale
If you inherit a home, you would pay tax on the difference between the value of the home at the time the owner died and the sales price of the home when you sold it. You know the sales price for the home, but you may or may not know the value of the home at the time the owner died. Generally, if the property is sold within a year of the time of death, that sales price is a good indication of the value of the home.
Short Sale On Home Will Affect Credit
Doing a short sale of a house means selling the property for less than the mortgage amount. It’s unlikely that a lender will talk about the prospect of a short sale with a homeowner who is current on their mortgage payments. Completing a short sale will most certainly affect a homeowner’s credit.
