<% @LANGUAGE="VBSCRIPT" %> Personal Finance Blog - Real Estate Blog - Consumer Advice Blog - ThinkGlink.com - Ilyce R. Glink
Google
Think Glink
Web
 

Ilyce Glink's Blog

Welcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics.

 

Thursday, August 21, 2008

Listen to The Ilyce Glink Show

You can now download the last two episodes of The Ilyce Glink Show from ThinkGlink.com.

http://www.thinkglink.com/radio.asp

Or listen to it directly on that Web page.

Also, if you're on Facebook, join the group Fans of The Ilyce Glink Show on WSB Talk Radio.

http://www.new.facebook.com/group.php?gid=22143868430&ref=mf

Labels: , , ,

posted by Melanie G. Rogers at 11:45 AM 0 comments

0 Comments:

<< Home

 

Sunday, August 17, 2008

The Ilyce Glink Show Notes

John Ventura mentioned this number - 1-800-569-4287 - if you're looking for a housing counselor to help you avoid foreclosure.

Also check out this HUD Web page: http://www.hud.gov/foreclosure/

Ilyce's staging videos can be found under the August 10 entry on this blog.

Join the Fans of The Ilyce Glink Show Facebook group: http://www.new.facebook.com/group.php?gid=22143868430

Labels: , , ,

posted by Melanie G. Rogers at 11:08 AM 0 comments

0 Comments:

<< Home

Today on The Ilyce Glink Show



Listen now to hear author John Ventura talk about estate planning include transfer on death deeds, probate and trusts.

Ilyce also interviewed enrolled agent Bill Cartwright about the Mortgage Forgiveness Debt Relief Act.

If you want to find an enrolled agent to help you with taxes visit http://www.naea.org/MemberPortal/.

Labels: , , ,

posted by Melanie G. Rogers at 10:42 AM 0 comments

0 Comments:

<< Home

 

Thursday, August 14, 2008

The Ilyce Glink Show on Facebook

We just started a Facebook group for fans of Ilyce's Sunday radio show.

http://www.new.facebook.com/group.php?gid=22143868430

Join the Facebook group to discuss recent show topics and post questions.

You can also become Ilyce's Facebook friend.

Labels: , , ,

posted by Melanie G. Rogers at 4:37 PM 0 comments

0 Comments:

<< Home

 

Sunday, August 10, 2008

Today on the Ilyce Glink Show August 10, 2008

There's a lot to talk about on Today's Show.

CDs Are Looking Like A Better Deal Interest rates are starting to rise, which means that CDs are looking like a better place to park your cash. Wachovia is offering 4.25 percent on a 1-year CD and Countrywide is offering 5 percent on a 5-year CD. You don't want to lock up your cash for too long, so take advantage of a 6-month or 1-year CD only. You may want to consider "laddering" CDs so that they roll over and mature at different times.

New Tax Rule Changes to the 24-Month Exclusion for Home Sellers. This is a big change folks, and we'll spend some time on it today. Here's how the rule was: You could sell your home every 24 months, provided you lived in it as a primary residence, and then you could keep up to $500,000 (if you're married, $250,000 if you're single) in profits tax free when you sell. The rule is now changing. If you sell your primary residence and move to a vacation home you've owned, you'll need to live there for five years as your primary residence, or you won't be able to take the full exclusion. The change refers to "nonqualified use," and it refers to any period of time (after 2008) when the property isn't used by you, your spouse or former spouse as a primcipal residence. It is effective for sales beginning January 1, 2009.

How Does Georgia Compare for Closing Costs? The new BankRate Survey is out and Georgia is 43rd on the list with an average closing cost of $2,900 on a $200,000 house.

Overdraft Fees Rising At The Nation's Ten Largest Banks. You don't want to overdraw your account if you're at one of the following banks: Bank of America, Chase, CitiBank, Fifth Third Bank, National City Bank, PNC, SunTrust, U.S. Bank, Wachovia, and WAMU. According to the Consumer Federation of America, consumers are paying at least $17.5 billion in fees each year.

Freddie Mac Doubles Financial Incentives to Servicers Who Help Borrowers Avoid Foreclosure. Fannie Mae and Freddie Mac have been paying loan service companies for years to help them help homeowners avoid foreclosure. Now, Freddie Mac is stepping up the payments to give an added incentive to servicers to keep people out of foreclosure. How much are they getting? Starting August 1, 2008, compensation for repayment plans will rise to $500, while doing a loan modification will earn a servicer $800. For short sales, where Freddie Mac agrees to accept less than the full amount owed on a borrower's loan, the compensation rises to $2,200(because short sales take so much time to work out).

It's going to be a great show. We're on from 11a to 1pm at www.wsbradio.com. I hope you can join us.

Labels: , , , , ,

posted by Ilyce Glink at 8:11 AM 0 comments

0 Comments:

<< Home

 

Tuesday, August 05, 2008

Listen to Ilyce's Radio Shows

I just posted three episodes of the Clark Howard Show from last week. And also the Ilyce Glink Show from this past Sunday, August 3.

Ilyce subbed for Clark on July 28-30.

You can listen to these shows online or download the MP3 file.

If you listen to the July 28 broadcast, you'll hear from Jason, a 22-year-old who failed to pay some credit card bills. The credit card company called his parents, even though they weren't co-signers and he's over 18. He wondered if he could sue the credit card company for its actions.

If you visit the July 28 entries of this blog you can find more info, including more than 40 user comments about Jason's call. And we'd love to hear what you think about his call.

Labels: , , ,

posted by Melanie G. Rogers at 12:45 PM 0 comments

0 Comments:

<< Home

 

Sunday, August 03, 2008

Ilyce Glink Show, Sunday August 3rd

Today on the Ilyce Glink Show, Ilyce talked again about how important it is to choose a 1031 exchange third party administrator who takes security very seriously. You can find out what questions to ask a prospective 1031 exchange third party intermediary by clicking here.

Also, are you looking to sell gold jewelry? Gold bars? Gold coins? I'd look local, talking to your local jeweler about weighing your jewelry and buying it for the value of the gold. BankRate.com has an excellent story on the issue.

And, have you ever wanted to run a criminal background check but didn't want to pay for it? A new website, www.criminalsearches.com, launched providing the ability to search by name through the criminal archives of all 50 states and 3,500 counties. The website is owned by PeopleFinders, based in Sacramento, Ca., and the company admits that the information is only as good as the databases on which it is drawn. And you might find that something like a speeding ticket is classified as "criminal," even if you went to traffic school to have that expunged from your record. So be careful when assessing information from this site.

Labels: , , ,

posted by Ilyce Glink at 10:06 AM 0 comments

0 Comments:

<< Home

 

Wednesday, July 30, 2008

Seller vs. Agent -- From Today's Show

We had a caller today who had gotten divorced in January and her neighbor (who turned out to be a real estate agent) said she had a buyer for her house. The seller found herself quickly agreeing to sell her house and now is wondering why she paid a 3 percent commission to the neighbor/agent, and whether she sold her house for too little. She also complained that a couple of weeks before the closing, the neighbor/agent presented her with a document (that she didn't read, but that she signed) that may have said something about her being responsible for the commission. What did I think?

I told her that I thought she had buyer's remorse, and that if she found the document, it would probably disclose that she was a buyer's agent but that the seller would have agreed in writing to pay a half commission (3 percent) to the neighbor/agent for bringing the buyer. I also said that she might have sold at a great price, given that prices had declined and we were in the worst real estate market since the Great Depression.

I think she probably made a good deal for herself, but sometimes sellers get seller's remorse if they sell too quickly and easily. It's a common scenario. It sometimes happens to buyers if they buyer the first house they see, and then after closing feel like maybe they missed out on their one "true" home.

I received this email tonight from a Georgia Realtor who was listening to the show:

Dated: 7/30/2008I have some suggestions for one of your callers today. It was the woman who was tricked by a real estate agent.

You were absolutely correct that it was her fault for not standing her ground and that once she had signed a commission agreement that she was legally responsible for the commission.

And it sounded like the agent acted incorrectly and unethically, and I don't like the idea of the agent getting a pass on this one. I missed the very beginning of the call so I am not sure which state she was calling from.

I am a real estate broker in GA and am licensed in several states. Each state is different but agents are generally licensed by real estate commissions, subject to state laws and members of real estate boards. She probably has no direct recourse against the agent who is in fact due a commission for procuring the sale. However the agent may well have also violated rules and laws. That doesn't negate the seller's obligation to pay commission but it does provide some opportunity to reign in a rogue agent.

In most states, agents have obligations to explain their agency relationships to buyers and sellers earlier in the process, and often an obligation to disclose who is paying them. While states differ, the disclosures are generally required before a sale or lease contract is signed. Now an agent does not have to an agency relationship in order to be due a commission but that disclosure and conversation usually results in discussion of how the agent is being paid.

In many states (not Georgia) an agent represents the Seller by default unless they expressly represent the buyer. So the agent may have been representing Seller even if not brought in by the seller. But that doesn't mean a Seller has to pay them.

You were absolutely correct that she should have called the agent's bluff and refused to sign. And this agent was way out of line. Apparently the contract did not include a commission section and apparently it wasn't clear to the seller that she was expected to pay. While this does not negate the later signed commission agreement, it is unethical behavior and the kind of behavior that gives the rest of us a bad name.

I would have liked that caller to be advised to report to her state's real estate commission (REC) what happened. The REC cannot help her recoup the commission payment but they can fine the agent for any violation of state law or real estate commission rules and regulations or suspend or terminate the agent's license. I would recommend her looking into this.

In GA the rules and applicable law are a link on the REC's web site. The local real estate board may not be of direct assistance either but it is worth making a complaint just in case. To get a feel for local rules and laws without having to pay an attorney, I would also suggest that she could go to an open house this weekend. It is often a relatively inexperienced agent on site but they ought to know the basics of disclosure rules and whether or not the agent violated them. Agents are stuck at the open house for the advertised hours and my guess is that in today's market there would be breaks in visitor traffics. If the caller agrees to leave the agent alone whenever someone comes and asks if they can just pick their brain between visitors, they could probably learn the basics for that state.

We agents aren't in the business of giving legal advice nor are we in the business of giving out our knowledge for free but in that situation I would probably be more than happy to give someone some general direction like the web site and our BBRETA disclosure form. Since I think that agent took advantage of the seller - convincing her to sell at a number not realizing the commission involved (and granted a little dumb on the callers part as who did she think was paying the agent??), I would recommend playing hard ball back.

I would approach the agent nicely at first explaining that things were not handled as they should have been, that she recognizes that the agent provided a service, but that in light of the way things went, you want to only pay ½. The agent will say 'no' and then I would say that you plan to report her conduct (once armed with the facts).

IF I had made a mistake as an agent, I might take that deal in order to avoid jeopardizing my license. Additionally, if the agent works for a firm, the caller should talk to the managing broker of the firm.

In GA for example we have salesperson licenses and broker licenses and the managing broker is responsible for making sure that his /her employees, who only have a salesperson license, follow all rules. If my salesperson violates a rule, I can be fined or lose MY license. The boss may be a little more willing to deal.

Finally presumably the caller knows her neighbors and since the buyer will be living in that neighborhood (plus I got the impression that this agent was somehow connected to the neighborhood as well), I would threaten to tell everyone how she was tricked by this agent and buyer (who also failed to notice the commission not in the contract??), if they don't negotiate on the commission. The caller would need to be careful to be 100% factual in order to avoid a libel suit but she is free to broadcast any facts. This might also incentivize the agent who presumably wants to have a good reputation locally.

I think of Clark's picketing of stores scenario. It is important to emphasize personal responsibility and tell women they have to stand up for themselves or deal with the consequences, but I also think it isn't right to let an agent pull a fast one and get away with it.

Labels: , , ,

posted by Ilyce Glink at 9:39 PM 1 comments

1 Comments:

Does anyone live in a subdivision where there are several people who ignore the subdivision rules?
I do. No one is supposed to have those ugly fences on the top of their pools, and it seems that everyone in the sub with a pool has one of those. My neighbor has one, and I have to look at that hideous thing every time I look out my window. Then there is my other neighbor who has three dogs.
The maximum number of dogs is supposed to be two. I wouldn't mind the three, but two of them are pit bulls who viciously snarl and growl and act like they are going
to eat my dog when they are outside. Even the owners scream at them to stop. It is very unnerving. Then one of the board members is delinquent by 3 years on the dues because she has decided she doesn't need to pay since she is on the board. I can't take the neighbors around here. I was looking for a forum to vent about the jerks around here and I came across this site called http://urajerk.com and I sent all of those idiots on the board and all my lovely neighbors with the ugly pools an anonymous card. LOL I loved it. I know it sounds stupid but I feel better. He he he

posted by Blogger mona | August 01, 2008 11:19 AM   | more stuff

 

<< Home

1031 Exchange Questions You Should Ask

If you're doing 1031 tax exchanges, you'll want to make sure that your funds are safe. You don't want to wake up to find out that some guy skimmed $100 million of taxpayer funds and yours are part of it.

Here are the questions you should ask to make sure your 1031 Exchange company is a good one, courtesy of Scott Nathanson, senior vice president of Nationwide Exchange Services, a 1031 exchange company that is Sarbanes-Oxley Section 404 compliant:

1. Where will my funds be held and how will they be held? (The right answer is an FDIC-insured bank in an escrow trust account.)

2. Does the 1031 exchange company have a fidelity bond and can you get a copy? (NES carries a $55 million fidelity bond for customer's protection.)

3. Does the 1031 exchange company have errors and omissions insurance? (The company should carry a separate E&O policy on each exchange.)

By the way, I'm not recommending that you use NES. You should make your own decisions and find a company that suits your needs. But the right answers to these questions will help keep you safe.

Labels: ,

posted by Ilyce Glink at 1:32 PM 0 comments

0 Comments:

<< Home

Buy a Foreclosure and Profit

The foreclosure numbers look awful. As many as 1 in 22 families in Nevada received some sort of foreclosure notice in June 08. The states that are in the worst shape, foreclosure-wise, including Nevada, California, Arizona, Ohio, Michigan, Texas, Georgia, Illinois and New York.

Bank REOs have grown dramatically. But that's an opportunity for you, the future foreclosure investor.

Are you making money in foreclosures? If you are, share the love. Please share your stories of what you look for when you're buying a foreclosure.

Labels: , ,

posted by Ilyce Glink at 1:20 PM 1 comments

1 Comments:

Here in Northern Virginia we have foreclosures that are listed in the upper $200s to mid $300k range, that were sold for mid $50s in 2006. Most of them need a little TLC, but they already have built in equity. With a little sweat equity, people could be profiting very well from these properties.

posted by Anonymous Laura Rubinchuk | July 30, 2008 3:29 PM   | more stuff

 

<< Home

Federal HOPE Housing Hotline and CCCS of Greater Atlanta Housing Counseling

If you want to see if you qualify for help, call the Federal HOPE Housing Hotline 888-995 HOPE.

You might also want to try CCCS of Greater Atlanta's Housing Counseling Service, which you find online at www.cccsatl.org or at 404-527-7630.

Labels: , , ,

posted by Ilyce Glink at 1:17 PM 0 comments

0 Comments:

<< Home

MovingScam.com

If you're moving, be sure to check out movingscam.com before you hire someone. There's a terrible scam where the bill of lading is doubled after your stuff is loaded on the truck. Then, unless you hand over the cash, they'll store your stuff on the truck, and you'll just watch the fees increase.

If this happens to you, you'll have to pay up (if you ever want to see your stuff again) and then file suit in court. The Federal Motor Carrier Safety Administration offers this booklet to help warn consumers about their rights: http://www.protectyourmove.gov/consumer/awareness/rights/rights.htm

Labels: ,

posted by Ilyce Glink at 12:51 PM 0 comments

0 Comments:

<< Home

Today on the Clark Howard Show July 30, 2008

The fun continues today on the Clark Howard Show. I'll be filling in from 1p to 4p EST as Clark winds up his summer vacation.

Tune in today for these topics:

Who says you can't fix and flip for a profit? You just won't be doing it with houses. Some folks are doing this with web sites.

We'll also be looking at the foreclosure market and talking about how to find great deals -- and then get the bank to accept them.

The FBI has issued a new warning about the Storm Worm Virus, and LEDs are saving big bucks for some companies. Can you save money that way too?

Tune in at www.wsbradio.com for these stories -- and more -- on today's Clark Howard Show.

Labels: ,

posted by Ilyce Glink at 10:24 AM 2 comments

2 Comments:

Is there a limit under the newly passed assistence to homeowners law? In other words is there a maximum amount a mortgage amount under this new law?

thanks

posted by Anonymous Anonymous | July 30, 2008 12:37 PM   | more stuff

 

The maximum mortgage loan amount is $625,500 for jumbo loans, and this only applies to certain high cost areas. For conventional mortgages the limit remains $417,000. The amounts are the same for refinances.

posted by Blogger Melanie G. Rogers | July 30, 2008 12:52 PM   | more stuff

 

<< Home

 

Tuesday, July 29, 2008

Should You Cancel a Whole Life Policy?

I had a conversation with Helen on the show about whether she should keep her $50,000 whole life policy, for which she pays $335 per year.

One of the best resources is www.evaluatelifeinsurance.com This is from the Consumer Federation of America (CFA). For $70 it’ll help you evaluate your Cash Value (whole life) policy and help you decide whether to buy term or whole life. Clark Howard has used this and thinks it’s great.

Labels: , ,

posted by Ilyce Glink at 12:49 PM 0 comments

0 Comments:

<< Home

Can Jason Sue? It Depends Who Called His Parents

I called John Ventura, an attorney with 30 years of experience who also happens to be director of the Texas Consumer Complaint Center, a great resource of consumer law assistance for folks nationwide.

I asked him about Jason's experience, and what legal options he might have. Here is his response:

The Fair Debt Collection Practices Act, the federal law governing debt collectors, has a prohibition about telling anyone else about your debts. However, this only applies to third party debt collectors. In this case if the caller was a third party debt collector this consumer would have a claim. However if it is the orginal debt collector that law would not apply. The consumer would have to check with consumer attorney in his state to find out if they have a state law on debt collection and if that law applies to the original creditor too. Texas has such a law. Hope this helps. If you have any further questions, just ask.

Labels: ,

posted by Ilyce Glink at 12:18 PM 0 comments

0 Comments:

<< Home

Listen to the July 27 Ilyce Glink Show

If you missed this past Sunday's Ilyce Glink Show, you can catch it on the ThinkGlink Web site.

http://www.thinkglink.com/radio.asp

You can also download the podcast.

And tune in today when Ilyce hosts the Clark Howard Show from 1 to 4pm Eastern time.

Labels: , , ,

posted by Melanie G. Rogers at 11:57 AM 0 comments

0 Comments:

<< Home

 

Monday, July 28, 2008

A Mom Shares Her Perspective

As a mom trying to teach an 18-year-old to manage his money, I think you were right on the mark with your advice to Jason.

While I do think he should register a complaint about the collection person who violated the law, there is no excuse - none - for his failing to take action on the overdue bill. Even if he had just called the credit card company immediately when he had to missed the payment, he would have done less damage.

Better to learn the lesson now than when he is a forty something with a mortgage and a family depending on him.

Labels: , , , ,

posted by Melanie G. Rogers at 3:22 PM 0 comments

0 Comments:

<< Home

Question About Jason's Credit Card and His Parents

One of the blog posters asked whether Jason's parents were co-signers on the credit card. The answer is no.

In addition, you have to be 18 to get a credit card on your own.

Labels: , , , , ,

posted by Ilyce Glink at 2:20 PM 0 comments

0 Comments:

<< Home

Today on the Clark Howard Show July 28, 2008

I'll be filling in for Clark Howard 1p to 4p EST. Listen live at WSBradio .

We'll be talking about the housing bill, as well as some new statistics that reflect how pessimistic (and yet optimistic) people are about the housing market.

And, have you heard? There's a new brand launching in real estate (which just goes to show you how optimistic real estate professionals are every day. We'll talk about that and how you should choose a real estate professional on the show.

And, we're driving less -- which is good. But that also means less money for needed infrastructure. We'll talk about the relationship between driving and road dollars.

But just because you drive doesn't mean you need to use gas. An Israeli entreprenuer intends to have Israeli's off the oil grid by giving everyone a free electric car to use. How will that work? We'll go through the numbers.

We'll also have stock market updates, and a discussion on investing in a down market. And, Team Clark will be on hand to answer all of your questions on today's Clark Howard Show.

I hope you can join us.

Labels: ,

posted by Ilyce Glink at 9:57 AM 0 comments

0 Comments:

<< Home

 

Saturday, July 26, 2008

Back from San Francisco with Stories to Tell

Folks, I'm back from the Inman Real Estate Connect conference and it was just terrific. There's a lot of cool stuff that I saw that that I'll share on the Ilyce Glink show Sunday morning.

Tune in to hear about new technologies, the housing bill, and all kinds of other cool stuff that we talked about in San Francisco.

Tune into WSBradio.com from 11a to 1p EST. As always, feel free to call in during those times if you want to be on the show. Our number is 404-872-0750.

Labels: ,

posted by Ilyce Glink at 8:54 PM 0 comments

0 Comments:

<< Home

 

Friday, July 25, 2008

Radio Show Podcasts and Recordings


Ilyce's latest radio show appearances are now available at ThinkGlink.com.


Listen to the July 20 episode of the Ilyce Glink Show or the July 21 or 22 episodes of the Clark Howard Show. Clark's on vacation and Ilyce filled in.



This page also gives radio show descriptions so you can find topics that interest you.

Labels: , , ,

posted by Melanie G. Rogers at 4:39 PM 0 comments

0 Comments:

<< Home

 

Tuesday, July 22, 2008

Once Clark Is In The Mayor's Office...

One of Ilyce's fans sent this:

WE HAVE ADOPTED ELISE AS ONE OF OUR OWN AND WANT HER TO TAKE OVER FOR CLARK FULL TIME AS SOON AS WE CAN WHEEL HIM INTO THE MAYOR'S OFFICE. BY WHEELING HIM IN, I ENVISION HIM RIDING HIS SCOOTER WHILE DRESSED IN SHORTS AND A GOLF SHIRT. THE OUTFIT WILL NOT RETAIL FOR MORE THAN 12 DOLLARS, AND THEN WE WILL BOAST OF HAVING A MAYOR CLARK, THUS BECOMING THE CHEAPEST CITY IN THE COUNTRY.

Labels: , , ,

posted by Melanie G. Rogers at 3:05 PM 0 comments

0 Comments:

<< Home

Today on the Clark Howard Show July 22, 2008

Today on the Clark Howard Show, we're going to tackle the following topics:

1pm: Wachovia takes a big hit 8.9 billion loss, and slashed its dividend 90 percent, to 5 cents a share. We'll talk about what this means for you and remind you about FDIC coverage limits.

1:30: New 401(k) proposal clarifies fees. We'll tell you how you might save money under this proposal.

2pm: We'll explain what we know about the new housing bill under discussion in DC and a bill that sets new national predatory lending limits. Will it work?

2:30pm: 10 most/least costly cars to insure.

3pm: New Social Security Retirement Calculator

Hope you can join us. Listen live online at www.wsbradio.com.

Labels: ,

posted by Ilyce Glink at 12:03 PM 1 comments

1 Comments:

Hi today was first time listening to the show and I'm very impressed. I am currently going through the stages of recieving my license in real estate and it just so much to learn and keep up with. But with the advice you given me today just assured me i will do great. Thank you so much and i will continue to be a listener of your show and Clark Howard as well. Again thank you for being the person you are to dispense your knowledge on to the little people like me.

posted by Anonymous Anonymous | July 22, 2008 3:11 PM   | more stuff

 

<< Home

Free EBook Offer Extended Through July 22, 2008

If you're a WSB listener, and you sign up for my free weekly newsletter at www.thinkglink.com (look for the red NEWSLETTER sign and enter your email address and fill out the form -- check the WSB box), we will send you a free copy of my ebook "How to Save $50 Per Month."

Please note: This is an ebook, not a printed book. It will take us a few days to email the ebook to everyone who requested it. Please don't send us any emails asking us where it is. If you don't get the ebook in your email inbox within a week, then you can send us a note and we'll see what happened.

Many thanks, and welcome to all of our new subscribers. The ThinkGlink newsletter is your key to the Think Glink community.

Labels: , ,

posted by Ilyce Glink at 11:59 AM 0 comments

0 Comments:

<< Home

 

Monday, July 21, 2008

Today on the Clark Howard Show July 21, 2008

We're live on the air with the Clark Howard Show. I just advised Amanda, who is opening up her own business, to think about how she is going to organize the business before shopping around for an HSA plan. For example, her payroll company (I use SurePayroll) might offer health insurance and a 401(k) plan that would tie indirectly to her payroll, which is very easy.

We're on the air from 1p to 4p EST today. Listen live on line at www.wsbradio.com, or call us at 800-WSB-TALK.

By the way, if you sign up for the ThinkGlink free weekly newsletter, and you're a WSB listener, you'll get a free copy of my new ebook, "How to Save $50 per Month." It may take up to a week to email you the ebook, but if you sign up today or tomorrow (July 22, 2008), you'll get it.

Thanks for listening.

Labels: ,

posted by Ilyce Glink at 12:49 PM 2 comments

2 Comments:

some money saving tips that no one seems to do: (1)don't drive faster than 50-55mph and similarly don't rev the engine past 2500 rpm's, (2)shop at Kroger or Wal-Mart for gas to get the extra $.03-.10 discounts

thanks

posted by Anonymous justin in ATL | July 21, 2008 1:48 PM   | more stuff

 

Another tip to save on gas is to use www.gasbuddy.com I use that every time I fill up. It's a site that compiles gas prices based on your zip code. Users update the site so it is usually very current.

posted by Blogger Scott | July 21, 2008 1:57 PM   | more stuff

 

<< Home

 

Sunday, June 29, 2008

Today on the Ilyce Glink Show


It's been a tough week for the financial markets. The Dow Jones index lost about 3 percent of its value. The stock market is down more than 9 percent for the year (2008), and we're just teetering on the edge of an official bear market (market is down 19.9 percent from its high; 20 percent below the high is an official bear market).

We haven't seen the stock market this low since 2006, and in many ways -- except for the price of oil -- it does feel like we're really rolling back the clock in other ways as well.

We're going to dissect this on the show today and talk about the TransUnion settlement, that entitles about 160 million Americans to get free credit report monitoring (shortcut: go to http://www.listclassaction.com/ or call 866-416-3470 to see if you qualify), and discuss what's happening in the economy and why we may not get out of this mess until 2010.

And, of course we'll be answering all of your call on today's show. I hope you can join us. Listen live online at http://www.wsbradio.com/ or call toll-free 800-WSB-TALK.

Labels: , , ,

posted by Ilyce Glink at 9:49 AM 0 comments

0 Comments:

<< Home

 

Sunday, June 22, 2008

Ilyce Glink Show, Sunday, June 22, 2008

Today on the Ilyce Glink show, we'll be talking about Operation Malicious Mortgage, the FBI's huge national takedown of mortgage fraud schemes. We'll also be talking about how the FHA is going to renew attempts to get rid of third-party downpayment programs, like Nehemiah, and why that's so important.

I hope you can join us.

Labels: , , ,

posted by Ilyce Glink at 10:03 AM 0 comments

0 Comments:

<< Home

 

Tuesday, June 17, 2008

Listen to Ilyce's Radio Show - Father's Day

You can listen to Ilyce's June 15 radio show right here: http://www.thinkglink.com/radio.asp

or download it from iTunes.

Find out what really happened to Ilyce's grill.

Labels: , , ,

posted by Melanie G. Rogers at 10:32 AM 0 comments

0 Comments:

<< Home

 

Sunday, June 15, 2008

Making Crank with Propane Tanks


According to a summer safety alert from the National Propane Tank Association, Methamphetamine users have discovered that they can take propane tanks, drain them and fill them with something called anhydrous ammonia.


When the Meth labs are finished with the propane tanks, they return them to the store. What happens next is really scary. The propane tanks are refilled, and then folks like us buy them and start cooking on them.


But according to the NPTA, if your tank has anhydrous ammonia traces in it, it could turn into a huge explosion! Here's the news alert from the NPTA. Take care when grilling this summer.


Subject: Summer Safety Alert

Methamphetamine cooks are buying propane tanks from the exchanges at Wal-Mart, Kroger, etc. and emptying them of the propane gas. Then they fill the propane tanks with anhydrous ammonia, which they now have a recipe to cook Methamphetamine. After they are finished with the propane tanks, they return them to the store. The stores refill the tanks with propane gas, unknowing to them the improper substance that was inserted in the tanks and sell them to their consumers. Anhydrous ammonia is very corrosive and weakens the structure of the tank. It can be very dangerous when mixed with propane gas and hooked up to a grill, recreation vehicle, etc.

You should inspect the propane tank for any blue or greenish residue around the valve areas. If there are evidences of these substances, do not purchase the propane tank and advise the vendor of your findings.

The information was researched, and you should check out the following website for more details. They also have pictures for you to view.

http://www.npga.org/i4a/pages/index.cfm?pageid=529


Labels: ,

posted by Ilyce Glink at 10:48 AM 0 comments

0 Comments:

<< Home

 

Monday, June 09, 2008

The Ilyce Glink Radio Show Has Been Posted

Check it out at iTunes.com or ThinkGlink.com/radio.

Labels:

posted by Ilyce Glink at 4:56 PM 0 comments

0 Comments:

<< Home

 

Sunday, June 08, 2008

Today on the Ilyce Glink Show

I emailed my investment advisor Friday morning, when the stock market looked like it was melting down.

I had emailed him earlier in the week when the market had taken a dive and asked him if we shouldn't be taking more of the cash in our investment accounts and put it into the stock market. "Good idea," he replied, except that it was already 2pm, and I have to let him know by 1pm CST if I want to make a change.

Friday morning, I emailed him first thing. "Today's the day. Take whatever cash is available and plug it into our pre-determined fund mix."

Sure enough, the market melted down nearly 400 points to 12,209.81.

This is what's known as a buying opportunity, folks. It doesn't mean that the stock market won't fall further, but we're now down nearly 15 percent from the stock market high.

We're going to talk about how to get over the emotional roadblocks when it comes to investing in a recession and why the stock market is probably a great choice for the next 20 years and beyond.

Labels: ,

posted by Ilyce Glink at 9:50 AM 0 comments

0 Comments:

<< Home

 

Saturday, June 07, 2008

Getting Ready for Good Morning America

You'd think that a longtime television reporter and radio talk show host like me wouldn't get nervous about appearing on a big show like Oprah, the Today Show, or Good Morning America. But the truth is, even if you put in 10 years in local television, it isn't anything like a big national show.

The producing is generally wonderful, extremely thorough and inventive. I can't say enough good things about the folks I've been working with at GMA. There's an energy that's palpable and infectious.

Meanwhile, I've cleaned my house top to bottom, mowed the lawn, trimmed the hedges, and prayed for sunshine (it's trying really hard to be sunny here today). The crew will be here at 11am to set up. My makeup is done, outfit chosen, and husband and kids shooed out.

Is anyone really going to know that my bathtub is clean? Only me!

Forty minutes to go. I'm passing the time sitting in on the Dave Baker show on WSB radio. We're talking about the housing market.

Labels: ,

posted by Ilyce Glink at 10:06 AM 0 comments

0 Comments:

<< Home

Saturday Morning with Dave Baker, WSB Home Fix-It Show Host

Dave Baker asked me to sit in this morning in the 11am hour to chat about the housing market in general and in Atlanta. Tune in live at www.wsbradio.com. We'll try to get a copy of the house in case you missed it.

We'll let you know here, at the Ilyce Glink Blog, so stayed tuned.

Labels:

posted by Ilyce Glink at 10:00 AM 0 comments

0 Comments:

<< Home

 

Wednesday, June 04, 2008

Listen to Ilyce's Radio Show

I just posted Ilyce's last WSB radio show to ThinkGlink.com and to iTunes. If you're on the go, you can download the podcast and listen to it any time.

At ThinkGlink.com we have audio controls right on the radio page so you don't have to have a special media player. Check it out: http://www.thinkglink.com/radio.asp

On the June 1 show Ilyce talked to listeners about their plans for their economic stimulus check. If you're unsure about what do to with yours, take a listen and you'll get some ideas. Ilyce also shared which grill she decided to buy. Tune in to find out!

Labels: , , ,

posted by Melanie G. Rogers at 11:23 AM 0 comments

0 Comments:

<< Home

 

Sunday, June 01, 2008

How Are You Spending Your Stimulus Check


We've had an amazing response to our query today: How are you spending your rebate check?


Here's what some of our callers said about how they're going to spend their money:


Darlene got $600, and even though she used Turbo Tax to file her tax return, requesting direct deposit, she got a paper check.


Fred said he wasn't getting a check. He pays AMT and feels that anyone who gets a check and buys a TV with it is actually getting a gift from him. Ron echoed that sentimentl.


Bill got $105 because he was at the upper end of the income limit. He had back problems, so he used the check for several lawn trimmings.


Alan got $1,200 and paid off debt.


Jennifer got $2,100 and used it to pay her mortgage, property taxes and bills.


Kevin is getting $150 and thinks he'll use it to fill up his gas tank twice.


Ann wanted to know how to check to see if her 18-year old would get a check. I told her to go to http://www.irs.gov/ to look it up. Her son wants to use it to fix his truck after hitting a deer. (Ouch!)


Diane got $1,200 and sent the entire amount to prepay the loan on her car, which the credit card company wrongly applied all to the interest owed. She's "educating" them.


David got $1,800. He has six kids and paid down his credit card debt.


Jenny got $3,000 (she also has six kids) and used some toward food, and to pay bills. She got caught up on all of her bills and then some.


Jackie got $924 and used it to buy a new bike and bike trailer for her toddler. She loves it!


Don got $1,200 and is using it to pay down debt.


Norma is expecting $900 and wanted to know when she'd get her check.


Mike got $2,100, and is taking an RV vacation with his kids. The trip was paid for already, but this will help with gas (it'll cost roughly $600 for gas for the 1,500 mile trip) and extras.


What are you doing with your rebate? Contribute to the conversation here.

Labels: , ,

posted by Ilyce Glink at 10:29 AM 2 comments