Articles By Ilyce
Ilyce Glink is an award-winning, nationally syndicated columnist, television reporter and radio talk show host who is widely known for her expertise on trends and issues in real estate and finance. Her syndicated column REAL ESTATE MATTERS offers common sense information and practical insights for anyone thinking about buying, selling, rehabbing or refinancing a home.
- Is Rental Condo A Good Investment? - A reader purchased a condo in Myrtle Beach, SC as an investment a year ago. Now he is thinking about selling the property, but he may take a loss. Ilyce helps this reader think through all his options.
- Lot Line Dispute Could Lead To Claim Against Title Company - A new home buyer is informed by his neighbor that his lot is not as big as he was lead to believe. Ilyce explains why this situation is more complex than one may think and how it could lead to a claim against the title company.
- Purchasing Debt On Apartment Building - A reader bought the debt on an apartment building. Now there is a mix up with the federal court in Texas. Ilyce and Sam explain that the best thing to do is review all the documents with a real estate attorney.
- 1031 Doesn't Work Overseas - A reader sold a home in the U.S. and would like to use a 1031 exchange to purchase a rental property near her home in Scotland. Ilyce explains that the 1031 laws to not allow for purchases outside the U.S.
- No Lawyer Needed For Refinance - A reader is refinancing her home and the loan officer stated that she did not need a lawyer. Ilyce explains when a lawyer is necessary.
- Contractor Rebuilds Deck - A contractor writes Ilyce to ask about his obligations to an unhappy home owner. He installed, and repaired a deck for them. They would now like him to start over on the project. Ilyce explains where the contractor stands in these negotiations.
- If You’re a Seller, You’ve Got Be Nervous - Selling your home? Expect it to take a while. Buying a home? There are all kinds of new incentives out there to bring you to new properties on the market.
- Down Payment Assistance - A reader would like to purchase her first home but is having difficulty coming up with the down payment. Ilyce explains what options she may have for assistance.
- Selling Part Ownership in Home - A reader purchased a home with family members 2 years ago. Now she would like to get her equity out of the property to buy her own home. Ilyce cautions her to move forward only after she has a cash settlement from family members.
- Credit Counseling Before Bankruptcy - A reader has had a lien placed against her home by a credit card company. Her husband is now not able to refinance their home. Ilyce explains that credit counseling should be considered before filing for bankruptcy.
- Knowing How To Negotiate Can Help Get You a Better Price - It isn't so easy to sell your home in this changing market. To attract buyers in either a balanced or buyer’s market, sellers need to whip their home into top condition, price it right, and perhaps even throw in a few goodies to get buyer’s agents interested in showing the property.
- Giving Land To Family Member - A reader would like to build a home on his mother-in-law's land. The mortgage lender said he cannot build on land owned by somebody else. Ilyce explains several options for this family to consider.
- Leaking Roof Not Disclosed - A reader moved into a new home only to find that the roof leaks. The seller had disclosed the leak, but then amended the disclosure form to say that there was no leak. Ilyce explains that a professional home inspector is key to avoiding this type of problem.
- Setting Up Condo Association - A condo owner lives in a complex that is considering self-management. Sam and Ilyce explain how condo associations are set up.
- Developer Did Not Meet Specifications - A reader purchased a home from a developer and discovered that the insulation was never installed. Ilyce and Sam explain how to go about suing the developer.
- Understanding Seller Disclosure Law - After buying a new home, a ThinkGlink reader discovers the seller lied about defects to the home. Ilyce and Sam explain seller disclosure law and how this buyer may still have some recourse.
- Bankruptcy Doesn't Change Home Ownership - A reader had owned a home with her boyfriend prior to falling ill. Her boyfriend filed for bankruptcy and now claims she no longer has any interest in the home. Ilyce suggests she check with the bankruptcy court and check to see if the boyfriend has forged her name.
- Landlord Suing For Rent - A renter had his lease transferred from a two bedroom to one bedroom apartment. Now that he has moved out, the landlord is insisting that it was a thirteen month lease. Ilyce explains how to determine if the landlord's suit will be successful.
- Selling Soon? Get Your Paperwork in Order - When you are in the process of selling your home time is a premium. Avoid any mishaps by having all your paperwork ready. Ilyce gives you a comprehensive list of documents you'll need to sell your home.
- Time to Sell Townhouse? - A reader purchased a townhome with a 5-year adjustable rate mortgage. He is wondering if now is a good time to take his profit out of the townhome and buy a single family home. Ilyce walks through his various alternatives.
- Neighbor Encroaching On Land - A reader's neighbor has put up a fence on his property. Ilyce suggests getting a survey and checking with the tax assessor's office.
- No Survey Leads To Big Problems - A home owner purchased his new home without getting a survey. Now it appears that the sellers were deceptive about the property lines. Ilyce and Sam explain that the disclosure document should explain the discrepancy.
- Divorce Leads To Property Dispute - A reader is in the process of getting a divorce and wondering about the status of her home. Her husband quit claim deeded it to her previously, but Ilyce and Sam explain that the divorce court will rule on assets.
- Selling Home To Family Member - A reader would like to sell her home to her son. Ilyce provides some tips for a successful transaction.
- Building New Home With Boyfriend - A reader has inherited some property and plans on building a home with her boyfriend on the lot. Ilyce helps the couple think through all the issues and assure that both people are protected from future problems.
- Refinance Home When Using Quit Claim Deed - A reader quit claimed the deed for his home but did not refinance the loan. Now his ex-wife is late on payments and ruining his credit rating. Ilyce explains how he has very few solutions to this problem.
- Readers Write Back - Hiring Real Estate Agents - Ilyce revisits her past column on repeatedly hiring the same real estate agent. A reader passes on her thoughts on how a client benefits greatly from using an agent they know.
- Readers Write Back - Purchasing Vintage Homes - Ilyce revisits her past column on renovating vintage homes. A reader passes on his thoughts on the column regarding whether all old homes are worth saving.
- Setting Up Seller Financing - A reader is planning on selling his home and thinking of offering seller financing. Ilyce and Sam explain how the "due-on-sale" clause in his mortgage will determine if offering seller financing will be an option.
- Be Cautious When Using Quit Claim Deed - A reader purchased a house with his girlfriend and now they are splitting up. Ilyce explains why a quit claim deed is only part of the solution for cleaning up the couple's finances.
- Understanding Listing Agreements - After signing a listing agreement with a real estate agent, this home seller finds a buyer on their own. Ilyce explains why it is important to understand all aspects of the agreement before signing with an agent.
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Copyright ©2001-2007. ThinkGlink, Inc.
All rights reserved. Reproduction of material from any www.ThinkGlink.com pages without permission is strictly prohibited.
Site designed by Walker Sands Communications
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