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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.

  • Protecting Yourself When Co-Signing A Loan - Ilyce helps a mother think through the issues of co-signing or securing a loan for her daughter. There are options the mother can exercise to provide her with financial security.

  • Determining The Selling Price Of A Home - A leery sister thinks that her mother's home was sold for under market value. Ilyce and Sam tell her how to determine the sale price and caution her that the listed assessed value is much lower than the actual market value of a piece of property.

  • A Cancelled Wedding Impacts Homeowner - A cancelled wedding and new apartment leaves a woman with her name on a home loan. Ilyce helps her remove herself from any legal obligations regarding the home.

  • Finding Financing And A Buyer's Broker - A writer wants to use a buyer's broker to buy land and then finance the land and the building of a new home. Ilyce suggests going online to www.NAEBA.com, which is the website for the National Association of Exclusive Buyer Agent. Financing with little income and a lot of assets can be difficult. Ilyce recommends finding a real estate attorney.

  • Bringing Yourself Back from the Brink of Debt Overload - According to the Federal Reserve Bank, consumer debt hit a record $1.98 trillion in the fourth quarter of 2003, or about $18,700 per U.S. household. That debt includes credit cards and car loans, but not mortgages or home equity loans, which means the total debt load homeowners are carrying is far higher.

  • To Rehab Up or Out? - Ilyce helps homeowners decide how to rehab their home rehab - Working with an architect, contractor and building department

  • Sold Mortgage And Pre-Payment Penalty - A writer wonders if the pre-payment penalty clause is still valid after their mortgage was sold to another company. Ilyce and Sam give the bad news about pre-payment penalties.

  • Title Insurance - You bought a house and there are delinquent taxes on the property. What do you do?

  • Renovation Projects - Perfection is in the Eye of the Homeowner - All new homes and remodeling projects contain some items that either weren’t finished properly, or punchlist items that weren’t corrected.

  • Transferring Credit Card Debt - Ilyce advices a reader on when to transfer credit card debt and how to build a good credit score.

  • Clarifying IRS Primary Residence Tax Exemption - Ilyce clarifies the IRS tax exemption regarding living in a residence for 24 months of last 5 years

  • Risks of Using Non-profit Credit Counseling Agencies  -  All credit counseling agencies are not looking out for you - even the non-profit. Ilyce explains how to get safe budget counseling

  • Determining Land Price - A home owner wants to sell some of his land. Ilyce helps her determine a good price and make smart tax decisions.

  • Watch Out for Prepayment Penalties - Although a number of states have outlawed them, and savvier buyers have shunned them, prepayment penalties are thriving in one area of the mortgage business – those borrowers with less than perfect credit.

  • Home In Foreclosure, Should Owner File For Bankruptcy? - We have just been served with foreclosure papers. Because we’re having trouble managing everything without income, we’ve decided to file for bankruptcy. Where do we begin?

  • Helping Family With Mortgage Payments - A father wonders if he can do a 1031 exchange and rent back the new purchase to his struggling son. Sam discusses the details of the 1031 exchange commonly known as “Starker” trusts.

  • Buyer Discovers Back Taxes Owed - A buyer discovers the sellers owe three years of back taxes. Ilyce and Sam suggest the buyer makes sure his contract for purchase of the land specifies that all taxes are to be paid in full and that he will receive a credit at closing for any taxes for the current year that have not been billed but are for the period of time that the seller owned the property.

  • Finding an Attorney - Ilyce guides a rental property owner in the process of finding a good lawyer. She also gives advice on how to limit you liability in this litigious time

  • Pitfalls of Building New Home - Do you want to build your dream house? Ilyce helps protect you from poor workmanship

  • Rolling Over Rental Property Profits - I have a rental property that I want to sell, and I want to rollover my profits to another real estate investment. Can I invest this money in a motel or land? Or do I have to invest the cash in another rental property?

  • Making the Most of Real Estate Windfall: Avoiding Capital Gains - Let's say you make a ton of money on lakeside investment property. Ilyce explains how to best protect the windfall from the IRS.

  • Avoiding Capital Gains Tax on Condo Sale - A condo owner makes money on the sale but still needs to pay taxes. Ilyce explains how to avoid capital gains tax

  • Finding a Real Estate Agent - Active and Passive Agents - Need to find a real estate agent? Ilyce Glink provides great tips on how to find good real estate agents.

  • Saving Money - Saving money is a challenge for many of us. Whether you are saving for college, saving for a down payment, or saving for retirement, all it takes is a good system. A reader writes Ilyce Glink and explains how her own savings plan has resulted in a nice, plump savings account.

  • Ask the Real Estate Lawyer - February 6, 2004 - I have 4 rental properties. I have been told to incorporate each property or at least all 4 under one corporation. How can I protect myself from 99.9 percent of all liability?

  • Multi-Family Housing: Two Families, One House? - At first blush, multi-family housing makes a lot of sense. Move in with your friends and split your mortgage in half. Lenders even offer special multi-family financing. But it's not something to jump into too quickly. Ilyce Glink shares her thoughts on the topic with a reader.














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