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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.

  • Disclose Aluminum Wiring Before Listing Home - A reader wonders if they should disclose the aluminum wiring in their home when listing it for sale. Ilyce suggests disclosing any material defects with the property that are hidden.

  • Using Sheds For Extra Storage - A reader wonders what to consider before adding a shed to their back yard. Ilyce reminds them to check for any permits they may need.

  • Removing Open Credit Accounts On Credit Report - A reader is trying to remove open credit cards from their credit report. Ilyce suggests how to contact the companies and thinks a "return receipt requested" letter is in order.

  • Turn It Down: Holding down your heating bill this winter - Ilyce gives helpful tips for cutting you heating expenses this year - even if you live in an old drafty house.

  • How To Purchase Homes For Renovation And Resale - Summary: A reader skilled as a carpenter would like to purchase a fixer-upper and resell it. Ilyce suggests finding a partner, using a 203(K) rehab loan or finding a HUD home.

  • Avoid Prepayment Penalty - A mortgage broker is helping a friend refinance a loan that has a prepayment penalty. Ilyce can't give the broker much hope. A home can not be refinanced or sold within the prepayment penalty period without paying a huge fee. Ilyce suggests always avoiding loans with prepayment penalties.

  • Property Owner Concerned About Easement  - A reader has an easement to use a neighbor's land for a driveway. That property is now for sale. Sam and Ilyce suggest reviewing the easement document, hiring a lawyer and talking with the current owner and their local planning department.

  • Assuming Loans - Some loans are assumable and some are unassumable. Ilyce Glink provides personal finance advice to a reader who has a question about assuming loans

  • Back Taxes Owed On Foreclosed Property - After purchasing a property in foreclosure, the reader receives a notice for back taxes. Ilyce and Sam explain the importance of getting the title commitment at the time of purchase.

  • Gifting Property - Giving property as a gift? If you want to give real estate as a gift and not pay any penalties to the IRS, you have to take a few important steps. Ilyce Glink walks you through the basics of gifting property.

  • Good Landlords Treat Tenants Well - Want to know how to be a good landlord? For starters, treat your tenants with respect and courtesy. Ilyce Glink answers a question from a renter who believes he is being mistreated.

  • Borrowers Remorse - Borrowers remorse sets in for some new homeowners. Did they make a mistake in getting an interest-only loan?

  • Refinancing Small Loans - Can small loans be refinanced? Why is refinancing a small loan such a hassle?

  • 1031 Exchanges to Avoid Capital Gains Taxes - To avoid paying capital gains taxes, you are permitted to sell one property in exchange for another. Ilyce Glink and Samuel Tamkin explain how it works.

  • How to Dispute Credit Report Errors - There's a mistake in my credit report - what should I do? Ilyce Glink helps out a reader with some personal finance advice

  • Personal Finance Resolutions for 2005 - Considering what personal finance resolutions to make for 2005? Here's some great personal finance advice that will make your 2005 a great year for your personal finances.

  • Question About Capital Gains Taxes - A reader asks whether the profits they've made selling property will be taxes as capital gains or as ordinary income.

  • How to Finance a New Home Purchase - Should we withdraw money from our 403(b) account and pay cash for a new house or should we get a mortgage and finance it? Ilyce Glink provides some personal finance advice to one of her readers.

  • Self-Employed Home Buying Challenges - Buying a home for the first time is tough if you are self-employed and haven't been so for more than two years.

  • Long-term Land Leases - A reader is interested in buying a home in a 55 plus community with a long-term land lease. Ilyce gives the buyers tips on how to consider this rare type of deal.

  • Negotiating A New Construction Condominium Purchase - A reader is interested in buying a condominium in a new complex and asks Ilyce how to negotiate the price. Ilyce suggests getting the developer to give you upgrades because they may be unwilling to negotiate on price.

  • New Years Resolutions for Home Sellers 2004 - Ilyce gives helpful tips for putting your house on the market including fixing up your house before letting the agent see it and making sure to meet with at least 3 potential brokers.

  • Refinancing With Higher Credit Score - A reader wonders if they should refinance an auto loan after raising their credit score. Ilyce gives the basics about credit scores and loan interest rates.

  • Becoming A Real Estate Agent - A reader wonders how to get a real estate license. Ilyce writes about state licenses and class requirements.

  • Termination Fee To Break Apartment Lease - A renter hopes to buy a home but is charged a high termination fee from their current landlord. Ilyce suggests trying to find someone to take over the current lease.

  • Transfer Deed of Home To Avoid Student Loan Payments - A reader wonders if his partner can transfer the deed to their home to him and avoid paying off a student loan bill. Ilyce and Sam discuss the legal and ethical angles to this proposition.

  • Homeowner Looks For Tax Angle When Retiring - A homeowner wonders if they should move into an investment property to be able to take advantage of the profit tax-free. Ilyce gives an overview of the tax laws regarding property sale.

  • Co-Owner's Debt May Hurt Homeowner - A homeowner is concerned about their partner's debt. Because they are not married, the co-owner is not responsible for the debt but their equity in the home may be at risk. 

  • Sellers Did Not Disclose Problem - A new homeowner has discovered that their furnace does not work and that the seller was aware of the problem. Ilyce informs the owner that most states have what are called seller disclosure laws that require that the seller disclose to a buyer known material defects in the home. The homeowner's may be able to sue the seller for a new furnace.

  • Zoning Inaccuracy Causes Commercial Property Problem - A reader's commercial property was incorrectly zoned five years ago. Ilyce discusses how to go about rezoning the property and encourages all property buyers to hire a real estate attorney prior to closing on a property.

  • New Years Resolutions for Home Buyers 2004 - Ilyce encourages people to build wealth by buying a home. Ilyce sites a new study that reveals that homeowners create more wealth than renters and that wealth has a bigger and more immediate impact on what we spend than wealth created by the stock market.

  • Selling Home During Divorce - A homeowner is divorcing and unable to handle the mortgage payment. Ilyce gives tips for selling the home.








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