Daily Archives: April 3, 2009
Ilyce Glink Show – March 29, 2009
On the March 29 Ilyce Glink Show, Ilyce discussed her recent visit to Palm Springs and a timeshare presentation she attended while there. She also discussed the latest news about the stock market and took listener calls. Among the calls: Mike, who filed for bankruptcy related to divorce and who now owes $30,000 in credit card debt; Jeff, who once had 20 credit cards and shared tips including asking for help only after missing payments. For more show notes, check out Ilyce’s blog. And if you’re in Atlanta, be sure to sign up for Ilyce’s Money Makeover event on May 9. ThinkGlink.eventbrite.com
Easement Comes To Light After Foreclosure Purchase
When you buy a home from a bank through a foreclosure process some details may be missed. While you may hope that the title company would find documents related to easements, if the previous owner had a private agreement with his neighbor that may come to light later on. What can you do if you discover an easement after a home purchase? How should you handle such a situation and should you hire a real estate lawyer?
Contact Lawyer To Determine Mortgage Loan Validity
How can you determine whether a mortgage loan is valid? You need to check with a real estate lawyer who can evaluate the circumstances around which the mortgage loan was issued. If a mortgage lender issued a mortgage to one spouse while the other spouse was incapacitated, that may make the mortgage loan invalid or an example of mortgage fraud.
Mortgage Loan Modification Possible With Declining Home Value
Can you refinance your mortgage loan when you owe more on the property than its current home value? Your mortgage lender may be more likely to grant you a mortgage loan modification or refinance since the federal government has been offering mortgage lenders financial incentives. Learn how to request a mortgage loan modification from your mortgage lender.
Timeshare Decision Includes Costs And Vacation Benefits
When you like to take an annual vacation you may decide to consider buying a timeshare. Is buying a timeshare worth it? When you’re trying to decide whether to buy a timeshare, you should consider how much it will cost and how much you spend on a vacation on an annual basis. You can consider a timeshare an investment but keep in mind you may later want to sell it and what it takes to sell a timeshare.
Home Inspection Reimbursement For Inadequate Seller Disclosure
When you’re buying a home it’s up to you as the buyer to search the address in public records. While seller disclosure does include material defects, it doesn’t necessarily include crime disclosure. If you pay for a home inspection and later decide to cancel your home buying contract can you get your money back? Should a real estate agent reimburse a home buyer for a home inspection?
Homeowners Association Requires Board Members Own Property
Condominium developments usually have a homeowners association or condominium board. To be a member of a homeowners association or condominium board you usually have to be a property owner. What if you sign away your property ownership rights with a quit claim deed? Can you still sit on the condominium board?
