Monthly Archives: June 2010
Follow These 4 Simple Tips for a Great Kitchen Remodel
Looking to make-over your kitchen? If you are, then you should definitely read these 4 simple tips for a great kitchen remodel. Following these tips will help you craft a kitchen you love to use rather than a kitchen that is frustrating to use.
Another Recession Coming? Architecture Billing Index Down Sharply in May
Is there another recession coming? Will we see another dip in the economy? After three straight months of improving conditions, the Architecture Billings Index (ABI) fell nearly three points. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. Does this mean the start of another recession? There are plenty of folks in the real estate world who are worried about another drag on the economy.
Remodeling a Kitchen? 4 Simple Rules for a Successful Kitchen Remodel
Do you want to remodel your kitchen? If so, there are a couple key things you need to know before you get started. These four steps can make the difference between the kitchen of your dreams, and the kitchen of your nightmares. Read on to find out more.
2010 Roth IRA to 401(k) Conversions
A reader has a question about creating a Roth IRA from a 401(k). Can you pay the taxes of the Roth IRA with investment property carry over losses? Ilyce Glink gives advice regarding Roth IRAs and 401(k)s and whether converting your 401(k) to a Roth IRA makes sense financially.
Roth IRA Conversion 2010: Should I Convert My 401(k)?
A reader asks about converting a 401(k) into a Roth IRA. Can you offset the income taxes owed with the carry-over losses from a real estate property? Ilyce Glink answers this personal finance question about 401(k)s and Roth IRAs.
Ilyce Glink on WSB Radio – Kellogg Cereal Recall – June 27, 2010
Ilyce Glink Show Notes – June 27, 2010 – Kellogg Cereal Recalls Select Boxes Of AppleJacks, Corn Pops, Honey Smacks, and Froot Loops; Mortgage Rates Fall to Record Low Levels, Level Not Seen Since 1956; Existing Home Sales and New Home Sales Plummet. The Equifax Personal Finance Blog has great content this week. Visit Ilyce’s blog for more show notes and helpful links.
Ilyce Glink Show Notes – June 27, 2010 – Kellogg Cereal Recall, Mortgage Rates Fall
Ilyce Glink Show Notes – June 27, 2010 – Kellogg Cereal Recalls Select Boxes Of AppleJacks, Corn Pops, Honey Smacks, and Froot Loops; Mortgage Rates Fall to Record Low Levels, Level Not Seen Since 1956; Existing Home Sales and New Home Sales Plummet. The Equifax Personal Finance Blog has great content this week. Hire Ilyce to speak at your next event. Free books available at the ThinkGlink.com bookstore. See below for details and for information on our Buy 3 Get 1 FREE EBOOK deal.
Flood Insurance May Be Required By Your Mortgage Lender
Flood Insurance may be required by your lender. Check the fine print of your mortgage to find out how much flood insurance you are required to buy. Some flood areas have been redesignated and you may be required to buy more flood insurance now. Consult a real estate attorney to help you understand the fine print in your mortgage contract and to determine how much required flood insurance you have to buy.
Can’t Buy Retirement Property After Co-Signing Daughter’s Mortgage
Title problems occur when a reader co-signs a mortgage with his daughter. When you co-sign a mortgage, future creditors will look at your signature as a guarantee that you will pay the entire loan back, should the other party to the contract not pay his or her payments. Now, the reader can’t buy a retirement property and doesn’t know what to do. It is important to foresee real estate problems like these and plan ahead for your future financial decision. Co-signing a loan is a very big decision, and you should think about your future plans like buying a retirement property.
Pay Off Your Mortgage or Conserve Your Nest Egg?
Paying off your mortgage now could save you big bucks by avoiding interest payments. Alternately, it is always good to keep a nest egg for financial needs. Which is the choice that will ensure financial welfare? The answer: it depends. Read on to find out more. Think about your financial goals and what may happen in the next few years when you’re deciding whether to pay off your mortgage or conserve your nest egg.