Monthly Archives: June 2010
Get Rid of Debt With Refinance or HELOC?
Refinance or HELOC? Should you refinance in order to pay off a mortgage, or should you use a Home Equity Line of Credit? If your goal is to pay off your mortgage and get rid of debt, refinancing is a bad idea. Refinancing can cost homeowners two to five thousand dollars. Using a home equity line of credit or HELOC to pay off your first mortgage can be a smart move if your HELOC interest rate is very low. Get rid of debt and take advantage of low HELOC interest rates by paying off your first mortgage and then use your savings to finish paying of the HELOC.
New Real Estate Numbers Spell Bad News For Housing Market
The new housing and real estate market predictions have dropped significantly as the housing sales numbers were released. Interest, home sales, and construction have all plummeted setting the United States back in terms of recovery. New estimates now put the return of true housing demand all the way at 2011.
Title Trouble with Ex-Spouse over Real Estate
Title trouble can arise when making an agreement regarding real estate, so it is always prudent to have the title deeds in order. In this case, an agreement is made for one spouse to pay the real estate taxes for the other spouse in exchange for the title and possession of the property in the event of the other spouse’s death. In agreements similar to this, it is always important to have the titles under your name and to be well advised of the real estate law regarding titles and estate.
Who Has Legal Rights To House After Divorce
How can you determine who has the legal rights to a home after divorce? The first thing you should know is that when parents own a home, the children do not have an automatic ownership right to the home. When a father and mother buy a home, they get to decide when to sell the home, whether to obtain financing for the home and whether to rehab the home or tear it down. The children do not have a say in those financial matters. If you want to grant legal rights of the house to the children after the divorce, you still have to change the name on the title and the mortgage.
FBI Releases 2009 Mortgage Fraud Report
The FBI has released a report describing the mortgage fraud crimes of the 2009 fiscal year. The report has notes an increase in mortgage fraud activity and names the regions and states with the most activity. In addition, the report lists the types of crimes included under mortgage fraud and its associated tactics, describing most of them as for-profit endeavors by individuals exploiting the weak real estate market. Also, the report names the types of individuals acting as perpetrators in mortgage fraud as well as the direct and indirect victims of the crimes. Financially, the report describes the FBI’s reactions to the mortgage fraud activity and its outlook on the future of the situation.
FBI Releases 2009 Mortgage Fraud Report
FBI Releases 2009 Mortgage Fraud Report
The FBI has released a report describing the mortgage fraud crimes of the 2009 fiscal year. The report has notes an increase in mortgage fraud activity and names the regions and states with the most activity. In addition, the report lists the types of crimes included under mortgage fraud and its associated tactics, describing most of them as for-profit endeavors by individuals exploiting the weak real estate market. Also, the report names the types of individuals acting as perpetrators in mortgage fraud as well as the direct and indirect victims of the crimes. Financially, the report describes the FBI’s reactions to the mortgage fraud activity and its outlook on the future of the situation.
FBI SCAM REPORT: Dangerous Phone Scam Could Raid Your Bank Account
FBI SCAM REPORT: A new, dangerous phone scam targets unsuspecting victims’ bank accounts by flooding their phone lines with hundreds of calls. While this goes on, the criminal targets the victim’s bank accounts and steals all of their money. Find out how to protect yourself from scams such as these and keep your money safe.
Ilyce Glink Talks on Business Insanity Talk Radio About Her New Book
Ilyce Glink talks with Barry Moltz of Business Insanity Talk Radio about business books that make great summer reads. She highlights how her new book “Buy, Close, Move In!: How to Navigate the New World of Real Estate–Safely and Profitably–and End Up with the Home of Your Dreams” gives great advice for small business owners. Small businesses can look into buying commercial real estate at a low price in today’s economy. Ilyce Glink also suggests using products mentioned on the [Equifax Personal Finance Blog] (http://www.equifax.com/blog) to protect credit scores and identity.
Ilyce Glink Gives Advice on Marketplace Money
Ilyce Glink talks on American Public Media’s “Marketplace Money” about how much a college degree is worth, marketing yourself online and landing a job. Ilyce Glink talks about the current state of the job market, noting that there are 10-15 million people looking for jobs and many individuals opting for jobs that they are overqualified for or do not meet their salary desires. Glink answers the questions of passers-by about searching for jobs and marketing themselves to employers in both online and in-person ways.
Ilyce Glink on WSB Radio – CredAbility.org, Changes to HAMP, and HUD Financing – June 13, 2010
Ilyce Glink Show – June 20, 2010 – Today on the Ilyce Glink Show Ilyce talked with people from CredAbility.org about their recent name change from Consumer Credit Counseling Services, and they discussed the recent changes in HAMP, the Making Home Affordable Plan. After discussing HAMP, Ilyce invited Shannon Judd from PEMCO to discuss purchasing a HUD home and HUD financing. For more of the best real estate, personal finance and consumer advice, listen to more of the Ilyce Glink Show on WSB Radio
